{"schema_version":"secwatch.filing_event.v1","accession":"0000812011-26-000025","form_type":"8-K","ticker":"MTN","cik":"0000812011","company_name":"VAIL RESORTS INC","filed_at":"2026-06-08T20:06:01+00:00","discovered_at":"2026-06-08T20:07:00.579810+00:00","generated_at":"2026-06-08T20:07:48.578474+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Vail Resorts Q3 net income falls 19.3% to $314.4M; cuts FY 2026 guidance","bullets":["Net income $314.4M vs $389.7M; Resort EBITDA $586.4M vs $647.7M.","FY 2026 guidance lowered: net income $128M-$162M; Resort EBITDA $735M-$755M.","Resort net revenue down 7.0% ($90.4M); lift revenue down 5% on 15% visitation drop.","Season pass sales for upcoming season down 10% in units, 8% in days, 5% in dollars.","Dividend $2.22/share declared, payable July 9 to record June 25."],"urls":{"canonical":"https://secwatch.observer/filing/0000812011-26-000025","json":"https://secwatch.observer/filing/0000812011-26-000025.json","markdown":"https://secwatch.observer/filing/0000812011-26-000025.md","text":"https://secwatch.observer/filing/0000812011-26-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/812011/000081201126000025/0000812011-26-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/812011/000081201126000025/mtn-20260608.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T20:07:48.578474+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":"573717407439d1367c37bf6082b7f2f2e1523308","claim":"VAIL RESORTS INC reported fiscal year ending July 31, 2026 results: net income $128 million to $162 million. Guidance lowered.","evidence_excerpt":"The Company now expects fiscal 2026 Net Income and Resort EBITDA as follows: • Net income attributable to Vail Resorts, Inc. of $128 million to $162 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/812011/000081201126000025/0000812011-26-000025-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ending July 31, 2026"},{"label":"Net income","value":"$128 million to $162 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"d880ad9380b0911ea5d68acf191ceb0f603cf312","claim":"VAIL RESORTS INC reported three and nine months ended April 30, 2026 results: net income $314.4 million.","evidence_excerpt":"Q3 fiscal 2026 net income attributable to Vail Resorts, Inc. was $314.4 million compared to $389.7 million in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/812011/000081201126000025/0000812011-26-000025-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and nine months ended April 30, 2026"},{"label":"Net income","value":"$314.4 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}