---
schema_version: "secwatch.filing_event.v1"
accession: "0000812011-24-000059"
form_type: "8-K"
ticker: "MTN"
cik: "0000812011"
company_name: "VAIL RESORTS INC"
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T06:06:30.802326+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vail Resorts Q3 net income $362M, Resort EBITDA $654M; updates FY guidance; pass sales units -5% YoY

## Summary
- Net income $362M ($9.54 diluted EPS) vs $325M ($8.18) prior year; revenue $1,283M (+3.6% YoY).
- Resort Reported EBITDA $654M (+5% YoY); FY guidance updated to $833M-$851M (comparable) or $825M-$843M including Crans-Montana.
- Pass product sales for 2024/2025 season: units -5%, sales dollars +1% vs prior year period; Epic Australia Pass units -22%.
- Closed Crans-Montana acquisition (CHF 97.2M); completed $600M notes offering at 6.5% due 2032, refinanced 6.25% notes; extended credit facility to 2029.
- Declared $2.22/quarter dividend (payable July 10) and repurchased 0.3M shares for $75M in Q3.

## SEC filing metadata
- accession: 0000812011-24-000059
- form_type: 8-K
- ticker: MTN
- cik: 0000812011
- company_name: VAIL RESORTS INC
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812011/000081201124000059/0000812011-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812011/000081201124000059/mtn-20240606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000812011-24-000059
- JSON: https://secwatch.observer/filing/0000812011-24-000059.json
- Plain text: https://secwatch.observer/filing/0000812011-24-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.