{"schema_version":"secwatch.filing_event.v1","accession":"0000812011-22-000050","form_type":"8-K","ticker":"MTN","cik":"0000812011","company_name":"VAIL RESORTS INC","filed_at":"2022-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.634351+00:00","generated_at":"2026-06-21T07:52:00.414196+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Vail Resorts Q1 net loss narrows to $137M; season pass sales up 6%; reaffirms FY2023 EBITDA guidance","bullets":["Net loss $137.0M ($3.40 loss per diluted share) vs $139.3M loss ($3.44) in prior year; Resort EBITDA loss improved to $96.5M from $108.4M.","Mountain segment revenue rose 84.6% to $201.7M driven by record Australian visitation; total revenue $279.4M, up 59.2% YoY.","Season pass sales through Dec 5 up ~6% in units and sales dollars vs prior year; up ~86% and ~53% vs 2019/2020 season.","Reaffirmed FY2023 net income guidance $321M-$396M and Resort EBITDA $893M-$947M; declared $1.91 quarterly dividend payable Jan 10, 2023.","Net debt 2.0x trailing total EBITDA; liquidity ~$1.8B in cash and revolver availability as of Oct 31, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000812011-22-000050","json":"https://secwatch.observer/filing/0000812011-22-000050.json","markdown":"https://secwatch.observer/filing/0000812011-22-000050.md","text":"https://secwatch.observer/filing/0000812011-22-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/812011/000081201122000050/0000812011-22-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/812011/000081201122000050/mtn-20221208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T07:52:00.414196+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a2e369489e847460f15c1e842d7aac8991e79d4b","claim":"VAIL RESORTS INC reported first quarter of fiscal 2023 ended October 31, 2022 results: net income Net loss attributable to Vail Resorts, Inc. was $137.0 million. Guidance reaffirmed.","evidence_excerpt":"On December 8, 2022, Vail Resorts, Inc. issued a press release announcing its results for the three months ended October 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/812011/000081201122000050/0000812011-22-000050-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2023 ended October 31, 2022"},{"label":"Net income","value":"Net loss attributable to Vail Resorts, Inc. was $137.0 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}