Vail Resorts reports skier visits down 14.9%; EBITDA guided to low end of range

VAIL RESORTS INC

Season-to-date total skier visits down 14.9% vs prior year; lift revenue down 5.6%.
Ski school revenue -12.0%, dining -11.7%, retail/rental -6.6% (North America).
CEO cites record low snowfall and warm temps; Resort EBITDA expected at low end of FY2026 guidance.
Spring pass sales for 2026/27 show moderate decline in units and slight decline in dollars.
Full pass sales update expected with Q3 results in June 2026.

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