BROOMFIELD, Colo., March 10, 2025 /CNW/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the second quarter of fiscal 2025 ended January 31, 2025 and provided the Company's ski season-to-date metrics through March 2, 2025.  

Highlights

Net income attributable to Vail Resorts, Inc. was $245.5 million for the second quarter of fiscal 2025 compared to $219.3 million in the same period in the prior year.Resort Reported EBITDA was $459.7 million for the second quarter of fiscal 2025, which included $2.9 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 $425.0 million, which included $2.1 million of acquisition related expenses.The Company updated its guidance for fiscal year 2025 and is now expecting net income attributable to Vail Resorts, Inc. to be between $257 million and $309 million. Excluding a $7 million impact from the change in foreign currency rates, the Company's Resort Reported EBITDA guidance midpoint for the year ending July 31, 2025 is unchanged from the original guidance provided on September 26, 2024. Including the impact of changes in foreign currency rates, Resort Reported EBITDA is now expected to be between $841 million and $877 million. Consistent with prior guidance, this range includes an estimated $15 million impact related to one-time costs in support of the Company's resource efficiency transformation plan, and an estimated $1 million impact related to acquisition and integration related expenses specific to Crans-Montana.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 April 10, 2025 to shareholders of record as of March 27, 2025, and the Company repurchased approximately 0.1 million shares during the quarter at an average price of approximately $196 per share for a total of $20 million.