secwatch.observer — SEC 8-K summary
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Issuer:     VAIL RESORTS INC (MTN)
CIK:        0000812011
Form:       8-K
Filed at:   2025-12-10T23:59:59+00:00
Accession:  0000812011-25-000240
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vail Resorts Q1 net loss widens to $186.8M; pass units -2%; reaffirms FY2026 guidance
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- Q1 net loss $186.8M vs $173.3M prior year; Resort EBITDA loss $139.7M flat.
- North American pass sales through Dec 5: units -2%, dollars +3% vs prior year; ~2.3M guests committed.
- Reaffirmed FY2026 guidance: net income $201-276M, Resort EBITDA $842-898M.
- Declared $2.22 quarterly dividend payable Jan 12, 2026; repurchased $25M in Nov at ~$140/share.
- Calendar 2026 capital plan $234-239M, including core capital $215-220M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/812011/000081201125000240/0000812011-25-000240-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/812011/000081201125000240/mtn-20251210.htm
  HTML page:      https://secwatch.observer/filing/0000812011-25-000240

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