secwatch.observer — SEC 8-K summary
======================================

Issuer:     VAIL RESORTS INC (MTN)
CIK:        0000812011
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0000812011-24-000205
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/812011/000081201124000205/0000812011-24-000205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/812011/000081201124000205/mtn-20241209.htm
  HTML page:      https://secwatch.observer/filing/0000812011-24-000205

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer