secwatch.observer — SEC 8-K summary
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Issuer:     VAIL RESORTS INC (MTN)
CIK:        0000812011
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0000812011-26-000024
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 skier visits down 14.9%; EBITDA guided to low end of range
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/812011/000081201126000024/0000812011-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/812011/000081201126000024/mtn-20260423.htm
  HTML page:      https://secwatch.observer/filing/0000812011-26-000024

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