---
schema_version: "secwatch.filing_event.v1"
accession: "0000812011-25-000030"
form_type: "8-K"
ticker: "MTN"
cik: "0000812011"
company_name: "VAIL RESORTS INC"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:38:44.331020+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vail Resorts reports -3.1% skier visits; guides EBITDA to lower half of range

## Summary
- Season-to-date skier visits down 3.1% YoY; lift ticket revenue (incl. pass allocation) up 3.4%.
- Ski school revenue +2.7%; dining +2.2%; retail/rental -4.0% vs prior-year period.
- Co. expects fiscal 2025 Resort EBITDA in lower half of March 10 guidance range.
- Spring pass sales: units down slightly but sales dollars grew; renewals up significantly vs prior year.
- CEO cites improved conditions but lift ticket visitation below expectations; demand normalization continues.

## SEC filing metadata
- accession: 0000812011-25-000030
- form_type: 8-K
- ticker: MTN
- cik: 0000812011
- company_name: VAIL RESORTS INC
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812011/000081201125000030/0000812011-25-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812011/000081201125000030/mtn-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000812011-25-000030
- JSON: https://secwatch.observer/filing/0000812011-25-000030.json
- Plain text: https://secwatch.observer/filing/0000812011-25-000030.txt

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