---
schema_version: "secwatch.filing_event.v1"
accession: "0000812011-24-000205"
form_type: "8-K"
ticker: "MTN"
cik: "0000812011"
company_name: "VAIL RESORTS INC"
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T05:59:45.735442+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vail Resorts Q1 net loss narrows to $172.8M; reaffirms FY Resort EBITDA guidance $838M-$894M

## Summary
- Net loss $172.8M ($4.61/sh) vs $175.5M ($4.60/sh) prior year; Resort EBITDA loss $139.7M vs $139.8M.
- Season pass sales through Dec 3: units down 2%, sales dollars up 4% vs prior year; ~2.3M guests committed generating over $975M revenue.
- FY2025 net income guidance raised to $240M-$316M (from $224M-$300M) due to $16.5M gain on East Vail condemnation. Resort EBITDA reaffirmed $838M-$894M.
- Declared quarterly dividend $2.22/share payable Jan 9, 2025; repurchased 0.1M shares for $20M in Q1.
- Capital plan $249M-$254M for calendar 2025 including multi-year transformations at Park City and Vail Mountain.

## SEC filing metadata
- accession: 0000812011-24-000205
- form_type: 8-K
- ticker: MTN
- cik: 0000812011
- company_name: VAIL RESORTS INC
- filed_at: 2024-12-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812011/000081201124000205/0000812011-24-000205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812011/000081201124000205/mtn-20241209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000812011-24-000205
- JSON: https://secwatch.observer/filing/0000812011-24-000205.json
- Plain text: https://secwatch.observer/filing/0000812011-24-000205.txt

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