secwatch.observer — SEC 8-K summary
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Issuer:     VAIL RESORTS INC (MTN)
CIK:        0000812011
Form:       8-K
Filed at:   2026-01-15T23:59:59+00:00
Accession:  0000812011-26-000002
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vail Resorts reports ski visits down 20% YoY; full-year EBITDA guidance cut to below low end
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- Season-to-date skier visits down 20.0% YoY; lift revenue down 1.8%.
- Ski school revenue down 14.9%, dining down 15.9%, retail/rental down 6.0%.
- CEO: western U.S. snowfall ~50% below 30-year avg; Rockies terrain only 11% open in Dec.
- Full-year Resort Reported EBITDA now expected just below low end of prior guidance range (issued Sep 29, 2025).
- Further downside risk if Rockies conditions don't improve by President's weekend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/812011/000081201126000002/0000812011-26-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/812011/000081201126000002/mtn-20260115.htm
  HTML page:      https://secwatch.observer/filing/0000812011-26-000002

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