PR Newswire
BROOMFIELD, Colo., Aug. 12, 2025 /CNW/ -- Vail Resorts wants to make it easier for its most loyal guests to bring their friends to the slopes, in celebration of the social side of skiing and snowboarding. Today, the company announced "Epic Friend Tickets," a new benefit for 2025/26 season-long Epic Pass Holders to share incredible savings with those they want to ski and ride with most. Passes are on sale now, and the lowest price of the Fall ends September 1.
BROOMFIELD, Colo., Aug. 12, 2025 /PRNewswire/ -- Vail Resorts wants to make it easier for its most loyal guests to bring their friends to the slopes, in celebration of the social side of skiing and snowboarding. Today, the company announced "Epic Friend Tickets," a new benefit for 2025/26 season-long Epic Pass Holders to share incredible savings with those they want to ski and ride with most. Passes are on sale now, and the lowest price of the Fall ends September 1.
BROOMFIELD, Colo., June 30, 2025 /CNW/ -- Vail Resorts, Inc. (NYSE: MTN) today announced the pricing of its previously announced senior notes offering. The Company priced $500 million in aggregate principal amount of 5.625% senior notes due 2030 at par (the "Notes"). The offering of the Notes was upsized from the originally announced aggregate principal amount of $400 million. The Notes offering is expected to close on July 2, 2025, subject to customary closing conditions. The Notes will be unsecured senior obligations of the Company and will be guaranteed by certain of the Company's domestic subsidiaries (other than certain excluded subsidiaries).
BROOMFIELD, Colo., June 30, 2025 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today announced the pricing of its previously announced senior notes offering. The Company priced $500 million in aggregate principal amount of 5.625% senior notes due 2030 at par (the "Notes"). The offering of the Notes was upsized from the originally announced aggregate principal amount of $400 million. The Notes offering is expected to close on July 2, 2025, subject to customary closing conditions. The Notes will be unsecured senior obligations of the Company and will be guaranteed by certain of the Company's domestic subsidiaries (other than certain excluded subsidiaries).
BROOMFIELD, Colo., June 30, 2025 /CNW/ -- Vail Resorts, Inc. (NYSE: MTN) today announced it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $400 million in aggregate principal amount of senior notes due 2030 (the "Notes"). The Notes will be unsecured senior obligations of the Company and will be guaranteed by certain of the Company's domestic subsidiaries (other than certain excluded subsidiaries).
The Company intends to use the proceeds from the proposed offering to repay borrowings under its revolving credit facility incurred to fund the repurchase of $200 million of its outstanding shares of common stock completed in June 2025 and the repurchase or repayment of a portion of its outstanding 0.00% Convertible Senior Notes due 2026 at or prior to their maturity on January 1, 2026, and, in each case, to pay related fees and expenses. This press release does not constitute an offer to repurchase the Company's outstanding 0.00% Convertible Senior Notes due 2026.
BROOMFIELD, Colo., June 30, 2025 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today announced it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $400 million in aggregate principal amount of senior notes due 2030 (the "Notes"). The Notes will be unsecured senior obligations of the Company and will be guaranteed by certain of the Company's domestic subsidiaries (other than certain excluded subsidiaries).
The Company intends to use the proceeds from the proposed offering to repay borrowings under its revolving credit facility incurred to fund the repurchase of $200 million of its outstanding shares of common stock completed in June 2025 and the repurchase or repayment of a portion of its outstanding 0.00% Convertible Senior Notes due 2026 at or prior to their maturity on January 1, 2026, and, in each case, to pay related fees and expenses. This press release does not constitute an offer to repurchase the Company's outstanding 0.00% Convertible Senior Notes due 2026.
BROOMFIELD, Colo., June 5, 2025 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the third quarter of fiscal 2025 ended April 30, 2025, updated fiscal 2025 guidance, and provided early season pass sales results.
Highlights
Net income attributable to Vail Resorts, Inc. was $392.8 million for the third quarter of fiscal 2025 compared to $362.0 million in the same period in the prior year.Resort Reported EBITDA was $647.7 million for the third quarter of fiscal 2025, which included $4.2 million of one-time costs related to the previously announced two-year resource efficiency transformation plan and $0.1 million of acquisition and integration related expenses. In the same period in the prior year, Resort Reported EBITDA was $654.4 million, which included $1.3 million of acquisition related expenses.The Company updated its fiscal 2025 guidance and is now expecting net income attributable to Vail Resorts, Inc. to be between $264 million and $298 million and Resort Reported EBITDA to be between $831 million and $851 million, which includes an estimated $15 million of one-time costs in support of the Company's resource efficiency transformation plan, an estimated $9 million in one-time costs related to the Company's previously announced Chief Executive Officer ("CEO") transition, and an estimated $1 million of acquisition and integration related expenses specific to Crans-Montana. In addition, compared to the original fiscal 2025 guidance, the updated guidance includes an estimated $7 million Resort Reported EBITDA impact from declines in foreign exchange rates.Pass product sales through May 27, 2025 for the upcoming 2025/2026 North American ski season decreased approximately 1% in units and increased approximately 2% in sales dollars as compared to the prior year period through May 28, 2024. Pass product sales are adjusted to eliminate the impact of changes in foreign currency exchange rates by applying current U.S. dollar exchange rates to both current period and prior period sales for Whistler Blackcomb.The Company's Board of Directors declared a quarterly cash dividend of $2.22 per share of Vail Resorts' common stock that will be payable on July 9, 2025 to shareholders of record as of June 24, 2025, and the Company repurchased approximately 0.2 million shares during the quarter at an average price of approximately $161 per share for a total of $30 million. The Board of Directors increased the Company's authorization for share repurchases by 1.5 million shares to approximately 2.8 million shares.BROOMFIELD, Colo., June 5, 2025 /CNW/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the third quarter of fiscal 2025 ended April 30, 2025, updated fiscal 2025 guidance, and provided early season pass sales results.
Highlights
Net income attributable to Vail Resorts, Inc. was $392.8 million for the third quarter of fiscal 2025 compared to $362.0 million in the same period in the prior year.Resort Reported EBITDA was $647.7 million for the third quarter of fiscal 2025, which included $4.2 million of one-time costs related to the previously announced two-year resource efficiency transformation plan and $0.1 million of acquisition and integration related expenses. In the same period in the prior year, Resort Reported EBITDA was $654.4 million, which included $1.3 million of acquisition related expenses.The Company updated its fiscal 2025 guidance and is now expecting net income attributable to Vail Resorts, Inc. to be between $264 million and $298 million and Resort Reported EBITDA to be between $831 million and $851 million, which includes an estimated $15 million of one-time costs in support of the Company's resource efficiency transformation plan, an estimated $9 million in one-time costs related to the Company's previously announced Chief Executive Officer ("CEO") transition, and an estimated $1 million of acquisition and integration related expenses specific to Crans-Montana. In addition, compared to the original fiscal 2025 guidance, the updated guidance includes an estimated $7 million Resort Reported EBITDA impact from declines in foreign exchange rates.Pass product sales through May 27, 2025 for the upcoming 2025/2026 North American ski season decreased approximately 1% in units and increased approximately 2% in sales dollars as compared to the prior year period through May 28, 2024. Pass product sales are adjusted to eliminate the impact of changes in foreign currency exchange rates by applying current U.S. dollar exchange rates to both current period and prior period sales for Whistler Blackcomb.The Company's Board of Directors declared a quarterly cash dividend of $2.22 per share of Vail Resorts' common stock that will be payable on July 9, 2025 to shareholders of record as of June 24, 2025, and the Company repurchased approximately 0.2 million shares during the quarter at an average price of approximately $161 per share for a total of $30 million. The Board of Directors increased the Company's authorization for share repurchases by 1.5 million shares to approximately 2.8 million shares.Rob Katz to return as CEO
Company reaffirms fiscal 2025 guidance and pass sales trends provided in the April metrics release
BROOMFIELD, Colo., May 27, 2025 /CNW/ -- Vail Resorts, Inc. (NYSE: MTN) today announced that Rob Katz, current Executive Chairperson and former Chief Executive Officer, has been appointed CEO of the Company. Katz, age 58, succeeds Kirsten Lynch, who has stepped down as CEO and as a director of the Board. Lynch will remain in an advisory role to the Company for an interim period to facilitate a smooth transition.
Rob Katz to return as CEO
Company reaffirms fiscal 2025 guidance and pass sales trends provided in the April metrics release
BROOMFIELD, Colo., May 27, 2025 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today announced that Rob Katz, current Executive Chairperson and former Chief Executive Officer, has been appointed CEO of the Company. Katz, age 58, succeeds Kirsten Lynch, who has stepped down as CEO and as a director of the Board. Lynch will remain in an advisory role to the Company for an interim period to facilitate a smooth transition.
BROOMFIELD, Colo., May 25, 2025 /CNW/ -- With only one day ahead of the May 26 deadline to buy an Epic Pass for the lowest price of the year, Vail Resorts announced that Austrian skiing and snowboarding will be even more Epic with Sölden joining the 2025/26 Epic Pass lineup. Located in the Ötztal Valley in Tyrol less than 84 km from Innsbruck Airport, Sölden is famous for its premium skiing on a seamlessly connected glacier and mountain ski area. Offering reliable snow from autumn through spring, thanks to its high-altitude terrain, two glaciers and state-of-the-art snowmaking, the resort delivers a world-class experience that blends alpine sport, entertainment and wellness.
BROOMFIELD, Colo., May 25, 2025 /PRNewswire/ -- With only one day ahead of the May 26 deadline to buy an Epic Pass for the lowest price of the year, Vail Resorts announced that Austrian skiing and snowboarding will be even more Epic with Sölden joining the 2025/26 Epic Pass lineup. Located in the Ötztal Valley in Tyrol and just 52 miles from Innsbruck Airport, Sölden is famous for its premium skiing on a seamlessly connected glacier and mountain ski area. Offering reliable snow from autumn through spring, thanks to its high-altitude terrain, two glaciers and state-of-the-art snowmaking, the resort delivers a world-class experience that blends alpine sport, entertainment and wellness.
BROOMFIELD, Colo., May 23, 2025 /CNW/ -- Vail Resorts today announced that Austrian skiing will be even more Epic with Silvretta Montafon joining the 2025/26 Epic Pass lineup. Located in the Austrian state of Vorarlberg, Silvretta Montafon offers a unique combination of sporty terrain, high-alpine scenery and reliable snow conditions. The ski area is accessible from major airports like Zurich and Munich, and spans two interconnected mountains offering diverse terrain for every skill level.
• Ski and ride Silvretta Montafon in Austria with Epic Pass• Epic Passes are on sale now at the lowest price of the year ($1,051) through May 26
BROOMFIELD, Colo., May 23, 2025 /PRNewswire/ -- Vail Resorts today announced that Austrian skiing will be even more Epic with Silvretta Montafon joining the 2025/26 Epic Pass lineup. Located in the Austrian state of Vorarlberg, Silvretta Montafon offers a unique combination of sporty terrain, high-alpine scenery and reliable snow conditions. The ski area is accessible from major airports like Zurich and Munich, and spans two interconnected mountains offering diverse terrain for every skill level.
BROOMFIELD, Colo., May 22, 2025 /CNW/ -- Vail Resorts today announced that Epic Pass is expanding its resorts in Austria with Mayrhofen and Hintertux joining the lineup beginning with the 2025/26 winter season. Located in one of Austria's best known ski regions, the famous Zillertal valley, Mayrhofen and Hintertux are within 72 km of Innsbruck Airport. Mayrhofen and Hintertux encompass six distinct areas – Hintertux Glacier, Eggalm, Rastkogel, Finkenberg, Penken and Ahorn. They attract skiers and riders with over 193 km of perfectly groomed slopes and year-round winter sports on the renowned Hintertux Glacier.
BROOMFIELD, Colo., May 22, 2025 /PRNewswire/ -- Vail Resorts today announced that Epic Pass is expanding its resorts in Austria with Mayrhofen and Hintertux joining the lineup beginning with the 2025/26 winter season. Located in one of Austria's best known ski regions, the famous Zillertal valley, Mayrhofen and Hintertux are within 45 miles of Innsbruck Airport. Mayrhofen and Hintertux encompass six distinct areas – Hintertux Glacier, Eggalm, Rastkogel, Finkenberg, Penken and Ahorn. They attract skiers and riders with over 120 miles of perfectly groomed slopes and year-round winter sports on the renowned Hintertux Glacier.
BROOMFIELD, Colo., May 21, 2025 /CNW/ -- Less than a week ahead of the May 26 deadline to lock in an Epic Pass for the lowest price of the year, Vail Resorts announced Austrian skiing will be even more Epic with Saalbach and Zell am See-Kaprun joining the 2025/26 Epic Pass lineup. Salzburg and Munich airports serve as the closest gateways to the resorts, which are nestled in one of the most scenic corners of the Alps spanning the Salzburger Land and Tyrol regions. Saalbach and Zell am See-Kaprun call to winter sports enthusiasts around the globe with varied terrain and stunning views. More news from Epic Pass will be announced this week.
BROOMFIELD, Colo., May 21, 2025 /PRNewswire/ -- Less than a week ahead of the May 26 deadline to lock in an Epic Pass for the lowest price of the year, Vail Resorts announced Austrian skiing will be even more Epic with Saalbach and Zell am See-Kaprun joining the 2025/26 Epic Pass lineup. Salzburg and Munich airports serve as the closest gateways to the resorts, which are nestled in one of the most scenic corners of the Alps spanning the Salzburger Land and Tyrol regions. Saalbach and Zell am See-Kaprun call to winter sports enthusiasts around the globe with varied terrain and stunning views. More news from Epic Pass will be announced this week.
BROOMFIELD, Colo., May 15, 2025 /CNW/ -- Vail Resorts, Inc. (NYSE: MTN) announced today it will release the Company's financial results for its fiscal third quarter 2025 ended April 30, 2025 after market close on Thursday, June 5, 2025. The Company will host a conference call at 5:00 p.m. eastern time that same day during which Company executives will review the financial results.
The call will be broadcast over the Internet at www.VailResorts.com. To listen to the call, go to the website and select the Investor Relations section. Those wishing to participate via telephone should dial (800) 245-3047 to be connected. Callers outside of the U.S. or Canada should dial +1 (203) 518-9765. The conference ID is MTNQ325.
BROOMFIELD, Colo., May 15, 2025 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) announced today it will release the Company's financial results for its fiscal third quarter 2025 ended April 30, 2025 after market close on Thursday, June 5, 2025. The Company will host a conference call at 5:00 p.m. eastern time that same day during which Company executives will review the financial results.
The call will be broadcast over the Internet at www.VailResorts.com. To listen to the call, go to the website and select the Investor Relations section. Those wishing to participate via telephone should dial (800) 245-3047 to be connected. Callers outside of the U.S. or Canada should dial +1 (203) 518-9765. The conference ID is MTNQ325.
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