{"schema_version":"secwatch.filing_event.v1","accession":"0000812011-26-000013","form_type":"8-K","ticker":"MTN","cik":"0000812011","company_name":"VAIL RESORTS INC","filed_at":"2026-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.754844+00:00","generated_at":"2026-05-15T18:25:58.254225+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Vail Resorts Q2 net income falls to $210M; cuts FY2026 guidance on historic Rockies drought","bullets":["Q2 net income $210.0M vs $244.4M YoY; Resort EBITDA $421.3M vs $459.7M.","FY2026 guidance cut: net income $144M-$190M, Resort EBITDA $745M-$775M; cites historic Rockies drought.","Season-to-date skier visits down 11.9%; lift revenue down 3.6% despite 3% pass sales growth.","Quarterly dividend $2.22/share payable Apr 9, record Mar 26; FYTD share repurchases $45M at ~$139/share.","CEO: most challenging Rockies winter in >30 yrs with lowest snowfall; cost management partially offset."],"urls":{"canonical":"https://secwatch.observer/filing/0000812011-26-000013","json":"https://secwatch.observer/filing/0000812011-26-000013.json","markdown":"https://secwatch.observer/filing/0000812011-26-000013.md","text":"https://secwatch.observer/filing/0000812011-26-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/812011/000081201126000013/0000812011-26-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/812011/000081201126000013/mtn-20260309.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T18:25:58.254225+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"da606e1371a4df1c08df3017390e5d399ebc61ae","claim":"VAIL RESORTS INC reported the second quarter of fiscal 2026 ended January 31, 2026 results: net income $210.0 million.","evidence_excerpt":"• Q2 fiscal 2026 net income attributable to Vail Resorts, Inc. was $210.0 million compared to $244.4 million in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/812011/000081201126000013/0000812011-26-000013-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of fiscal 2026 ended January 31, 2026"},{"label":"Net income","value":"$210.0 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e9c1b7e477f6663ab4b52fbb4db65276af3f7092","claim":"VAIL RESORTS INC reported fiscal 2026 results: net income $144 million to $190 million. Guidance lowered.","evidence_excerpt":"The Company reduced its fiscal 2026 guidance and is now expecting net income attributable to Vail Resorts, Inc. of $144 million to $190 million and Resort Reported EBITDA of $745 million to $775 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/812011/000081201126000013/0000812011-26-000013-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2026"},{"label":"Net income","value":"$144 million to $190 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}