{"schema_version":"secwatch.filing_event.v1","accession":"0000812011-23-000061","form_type":"8-K","ticker":"MTN","cik":"0000812011","company_name":"VAIL RESORTS INC","filed_at":"2023-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.070898+00:00","generated_at":"2026-06-07T16:39:37.377137+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Vail Resorts reports wider Q1 net loss of $175.5M, announces Crans-Montana acquisition","bullets":["Net loss $175.5M ($4.60 per diluted share) vs $137.0M loss ($3.40) in prior year.","Mountain segment net revenue down 14.5% to $172.5M; Mountain EBITDA loss $139.5M (wider by $47.4M).","Season pass sales through Dec 4: units +4%, sales dollars +11% YoY; expects ~2.4M guests generating >$900M revenue.","Declared $2.06 quarterly dividend payable Jan 9, 2024 to holders of record Dec 26; repurchased 0.2M shares for $50M.","Agreement to acquire Crans-Montana in Switzerland for ~CHF 118.5M; expected close during 2023/2024 season; FY2025 EBITDA ~CHF 5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000812011-23-000061","json":"https://secwatch.observer/filing/0000812011-23-000061.json","markdown":"https://secwatch.observer/filing/0000812011-23-000061.md","text":"https://secwatch.observer/filing/0000812011-23-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/812011/000081201123000061/0000812011-23-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/812011/000081201123000061/mtn-20231207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T16:39:37.377137+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":"5c61644dc603da38591a517743ae00e1d091fe6c","claim":"VAIL RESORTS INC reported the first quarter of fiscal 2024 ended October 31, 2023 results: net income Net loss attributable to Vail Resorts, Inc. was $175.5 million. Guidance reaffirmed.","evidence_excerpt":"Vail Resorts, Inc. (NYSE: MTN) today reported results for the first quarter of fiscal 2024 ended October 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/812011/000081201123000061/0000812011-23-000061-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of fiscal 2024 ended October 31, 2023"},{"label":"Net income","value":"Net loss attributable to Vail Resorts, Inc. was $175.5 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"}