Vail Resorts(MTN)
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Vail Resorts Announces Pricing of Senior Notes Offering
Prnewswire· 2024-04-24 21:27
BROOMFIELD, Colo., April 24, 2024 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today announced the pricing of its previously announced senior notes offering. The Company priced $600 million in aggregate principal amount of 6.500% senior notes due 2032 at par (the "Notes"). The Notes offering is expected to close on May 8, 2024, 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 (ot ...
Vail Resorts Announces Commencement of Senior Notes Offering
Prnewswire· 2024-04-24 13:20
BROOMFIELD, Colo., April 24, 2024 /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 $600 million in aggregate principal amount of senior notes due 2032 (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 ...
Vail Resorts (MTN) Reports Ski Season Metrics, Skier Visits Fall
Zacks Investment Research· 2024-04-22 13:46
Vail Resorts, Inc. (MTN) reported certain ski season metrics for the period from the beginning of the ski season through Apr 14, 2024, and for the prior year period through Apr 16, 2023.Ski Season MetricsSeason-to-date (through Apr 14, 2024) total skier visits fell 7.8% from the prior-year season-to-date period (Apr 16, 2023).Season-to-date revenues from lift tickets, including a portion of season pass revenues for each period, increased 3.2% compared to the same period last year. Ski school revenues season ...
Vail Resorts (MTN) Up 2.7% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-04-10 16:31
A month has gone by since the last earnings report for Vail Resorts (MTN) . Shares have added about 2.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Vail Resorts due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Vail Resorts Q2 Earnings & Revenues Miss EstimatesVa ...
Here's Why You Should Steer Clear of Vail Resorts (MTN) Now
Zacks Investment Research· 2024-04-10 16:06
Vail Resorts, Inc. (MTN) has been witnessing strong headwinds from weather-related challenges and reduced visitation levels. Also, woes related to fluctuations in interest rates linger.The company’s shares have declined 4.4% in the past year against the industry’s 14.6% growth. Let’s look at MTN’s earnings estimate revisions to get a clear picture of what analysts are thinking about the company. Earnings estimates for the fiscal 2024 and 2025 have been revised downward by 13.1% and 6.8%, respectively, in th ...
Vail Resorts Appoints Courtney Goldstein as Chief Marketing Officer
Prnewswire· 2024-04-01 21:00
BROOMFIELD, Colo., April 1, 2024 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today announced that Courtney Goldstein has been appointed executive vice president and chief marketing officer (CMO), effective April 29, 2024. Goldstein joins the company with more than two decades of experience at Comcast and American Express. Goldstein will report to CEO Kirsten Lynch and join the company's executive team. Vail Resorts names Courtney Goldstein as executive vice president and chief marketing officer, effec ...
3 Sports Stocks to Bench Before the Summer Season
InvestorPlace· 2024-03-20 17:41
March 20 is the first day of spring. Not only does the spring equinox usher in longer days, it also signals the start of the 162-game Major League baseball season. It makes me think of which sports stocks to buy and sports stocks to sell before the upcoming summer season.These companies benefit from our love of baseball, football (both American and international versions), and hockey, Canada favorite sport. Each of these sports are big revenue generators.The Glazer family has made a lot of money from the Ta ...
Vail Resorts Launches My Epic Gear Membership for 2024/25 Season as Company is Named Among 'World's Most Innovative' by Fast Company
Prnewswire· 2024-03-19 15:30
New ultimate gear membership gives skiers and riders all the benefits of gear ownership, but with more choice, lower cost and no hassle Limited number of memberships available for the 2024/25 winter season across 12 world-class mountain resorts, including Vail Mountain, Breckenridge, Whistler Blackcomb, Park City Mountain and Stowe Fast Company names Vail Resorts among World's Most Innovative Companies in recognition of dedication to ongoing innovation including My Epic Gear's re-imagination of the gear ex ...
Vail Resorts Announces "My Epic Assistant" in the My Epic app, Powered by Advanced AI and Resort Experts
Prnewswire· 2024-03-18 15:04
"For more than a decade, we have been committed to improving the guest experience through the use of innovative technology," said Chris Smith, chief information officer at Vail Resorts. "With the recent advancements in AI, we see an opportunity to provide real-time guest service so skiers and riders can navigate their day at our mountain resorts with confidence, efficiency and ease." Whether looking for the latest snow conditions, or on-mountain support with rentals and lessons – guests can simply open the ...
RCL vs. MTN: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-03-13 16:41
Investors looking for stocks in the Leisure and Recreation Services sector might want to consider either Royal Caribbean (RCL) or Vail Resorts (MTN) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revisi ...