secwatch.observer — SEC 8-K summary
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Issuer:     VAIL RESORTS INC (MTN)
CIK:        0000812011
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0000812011-25-000103
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vail Resorts reports FY2025 net income $280M, EPS $7.53; FY2026 guidance below expectations
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- Net income $280.0M ($7.53 diluted EPS) up from $231.1M ($6.09) prior year; revenue $2.96B (+2.7%).
- Resort Reported EBITDA $844.1M, up 2.3% YoY; includes $15.2M transformation plan and $8.1M CEO transition costs.
- Pass product sales for 2025/26 season: units -3%, sales dollars +1% vs prior year period (FX-adjusted).
- FY2026 guidance: net income $201M-$276M, Resort EBITDA $842M-$898M (midpoint below FY2025 actual of $844M).
- Quarterly dividend $2.22/share payable Oct 27, 2025; repurchased $270M in shares during FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/812011/000081201125000103/0000812011-25-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/812011/000081201125000103/mtn-20250929.htm
  HTML page:      https://secwatch.observer/filing/0000812011-25-000103

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