May 26 is the last chance for the lowest Epic Pass price of the year Epic Pass unlocks access to world-class mountain resorts year-round; Scenic gondola rides and exclusive savings on lodging, dining, bike rentals and golf among the many summer benefits for Pass Holders  BROOMFIELD, Colo., May 6, 2025 /PRNewswire/ -- Your Epic Pass is not just for winter experiences. As snow covered slopes at your favorite mountain resorts transform into stunning hiking and biking trails, 2025/26 Epic Pass Holders will get ...

Group 1: Coca-Cola - Coca-Cola has a current dividend yield of 2.9%, which is more than double the S&P 500's yield of approximately 1.4% [4] - The company has a strong history of dividend payments, with a 5.2% increase earlier this year, marking its 63rd consecutive annual dividend increase [5] - Coca-Cola generated $10.8 billion in free cash flow last year, an 11% increase, allowing it to cover its dividend and repurchase $1.1 billion of its shares [6] - The company expects organic revenue growth of 4%-6% annually and high-single-digit earnings-per-share growth, supported by a strong balance sheet for potential acquisitions [7] Group 2: Camden Property Trust - Camden Property Trust has a dividend yield of 3.7% and has consistently paid dividends at or above the previous year's rate for over 15 years, increasing it by more than 130% during this period [8] - The REIT focuses on high-growth markets, driving demand for rental housing and maintaining high occupancy rates [9] - Camden is investing $744 million to develop 1,935 rental homes and has plans for additional investments of $667 million for 1,325 more homes, which will enhance rental income streams [10] Group 3: Vail Resorts - Vail Resorts has a dividend yield of 6.3% and has paid out $1.9 billion in dividends over the past decade, with steady increases except for a pause during the pandemic [11] - The company generates predictable revenue by converting skiers to its Epic Pass, achieving over 10% annual free cash flow growth [12] - Vail Resorts invests in enhancing its ski resorts and plans to acquire other high-quality resorts, which should support future dividend growth [13] Group 4: Investment Summary - Coca-Cola, Camden Property Trust, and Vail Resorts exhibit strong characteristics as dividend-paying stocks, with higher yields and a history of steady increases [14]

Core Viewpoint - Vail Resorts has experienced a significant decline in share price, losing approximately 20.6% over the past month, underperforming the S&P 500 index [1] Group 1: Earnings Report and Market Reaction - The last earnings report for Vail Resorts was released a month ago, and since then, the stock has shown a negative trend [1] - Investors and analysts are questioning whether this negative trend will continue leading up to the next earnings release [1] Group 2: Estimates and Revisions - Estimates for Vail Resorts have been revised downward over the past month, indicating a negative outlook [2][4] - The magnitude of these revisions suggests a significant downward shift in expectations for the company [4] Group 3: VGM Scores and Investment Strategy - Vail Resorts currently holds a Growth Score of B, a Momentum Score of C, and a Value Score of B, resulting in an aggregate VGM Score of A [3] - The stock is positioned in the second quintile for the value investment strategy, indicating moderate performance [3] Group 4: Future Outlook - With a Zacks Rank of 3 (Hold), Vail Resorts is expected to deliver an in-line return over the next few months [4]

I wrote about Vail Resorts (NYSE: MTN ) previously with a hold rating as I did not think that it would be able to hit its FY25 adj. EBITDA guidance. 2Q25 results were mixed. While revenue grew 5.5% y/yI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical chart ...

Vail Resorts, Inc. (MTN) has unveiled My Epic Pro for Ski and Ride School, a new technology that will be available in the My Epic app from the 2025/2026 season.MTN stock inched up 1.8% during Monday’s trading hours, after the announcement of the new digital innovation.Perks of MTN’s My Epic ProMy Epic Pro will ensure a seamless, connected and next-level experience for the company’s child and adult group lesson participants, offering digital check-in, real-time lesson updates, photo sharing, skills tracking, ...

Core Insights - Vail Resorts has introduced My Epic Pro for Ski and Ride School, a new technology aimed at enhancing the skiing experience through a connected app that offers features like digital check-in, real-time updates, and skills tracking for the 2025/26 season [1][6]. Group 1: Technology and Features - My Epic Pro will be automatically available in the My Epic app for group lesson participants at Vail Mountain, Beaver Creek, Breckenridge, and Keystone, providing a seamless experience [1][4]. - The app allows users to check-in digitally, receive real-time lesson updates, share photos, track skills, and earn milestone badges, enhancing the overall learning experience [6][7]. - Future updates will include the ability to book, modify, and cancel lesson reservations, as well as in-lesson video sharing [4]. Group 2: Commitment to Guest Experience - Vail Resorts has invested nearly $2 billion in guest experience improvements over the past decade, including innovations like Mobile Pass and My Epic Gear [5]. - The introduction of My Epic Pro aligns with the company's mission to provide an "Experience of a Lifetime" for guests [5][9]. - The company aims to reach a zero net operating footprint by 2030 and is committed to supporting employees and communities [9]. Group 3: Benefits for Guests - My Epic Pro is designed to benefit all guests, particularly parents, by eliminating long check-in lines and providing real-time updates on children's progress during lessons [4][7]. - Skiers and riders can save 20% on group lessons and gear rentals with an Epic Pass, which is currently available at the lowest price of the year [8].

Vail Resorts, Inc. (MTN) reported second-quarter fiscal 2025 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. Both the metrics increased on a year-over-year basis.See Zacks Earnings Calendar to stay ahead of market-making news.Vail Resorts reported strong quarterly results, with the resort reported EBITDA rising 8% year over year. It stated benefits from the stability of its season pass program, ongoing investments in guest experience and solid execution across its ...

Financial Data and Key Metrics Changes - The company reported a net income of $245.5 million or $6.56 per diluted share for Q2 FY2025, compared to $219.3 million or $5.76 per diluted share in the same period last year, reflecting a significant increase [10] - Resort reported EBITDA was $459.7 million for Q2 FY2025, up from $425 million in the same period last year, despite including $2.9 million of one-time costs related to the Resource Efficiency Transformation Plan [10][5] - Season-to-date total skier visits were down 2.5% compared to the previous year, while total lift ticket revenue was up 4.1% [12] Business Line Data and Key Metrics Changes - Ancillary spend per destination guest visit was strong across Ski School and Dining, with ski school revenue up 3% and dining revenue up 3.1%, while combined retail and rental revenue was down 2.9% [12][7] - The overall revenue in Ancillary businesses was impacted by a lower mix of destination visitation [7] Market Data and Key Metrics Changes - Destination guest visitation at Western North American resorts was below prior year levels, attributed to a shift in historical visitation patterns [6] - Local guest visitation was in line with expectations as conditions improved from the prior year [6] Company Strategy and Development Direction - The company is focused on improving organizational effectiveness and achieving $100 million in annualized cost efficiencies by the end of FY2026 through its Resource Efficiency Transformation Plan [9] - Capital investments for FY2025 are expected to be approximately $249 million to $254 million, including core capital and growth capital investments in European resorts [23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the current conditions at resorts, noting a mix of historical normal snowpack levels [37] - The company expects improved performance for the remainder of the season, driven by a significant base of pre-committed guests and current lodging booking trends [14] Other Important Information - The company declared a quarterly cash dividend of $2.22 per share, payable on April 10, 2025 [21] - As of January 31, 2025, total liquidity was approximately $1.7 billion, including $488 million in cash [18] Q&A Session Summary Question: Can you walk us through the core conditions on the ground? - Management noted that visitation at North American resorts was slightly above prior year levels, benefiting from improved conditions, but February visitation contracted as expected due to industry demand normalization [38] Question: Is there room for a bigger pivot in narrative regarding core constituencies? - Management acknowledged the need to communicate effectively with guests and address challenges, particularly regarding the Park City experience [46] Question: Have you seen any impact from tariffs on visitation trends? - Management stated that they have not seen a significant reaction to tariffs but continue to monitor visitation trends closely [54] Question: What drove the growth in non-pass revenues? - The increase in non-pass lift revenue was primarily driven by improved conditions at Eastern U.S. resorts [82] Question: What areas need work for improving customer satisfaction? - Management highlighted the need to address lift line wait times and improve the overall guest experience through various investments [100]

Core Insights - Vail Resorts (NYSE: MTN) has experienced a significant decline in share price, losing 30% over the past year due to a decrease in consumer discretionary spending [1] Financial Performance - The company reported solid Q2 results, which provided some relief to investors [1]

Financial Data and Key Metrics Changes - The company reported a net income of $245.5 million or $6.56 per diluted share for Q2 FY2025, compared to $219.3 million or $5.76 per diluted share in the same period last year, reflecting a significant increase [10] - Resort reported EBITDA for Q2 FY2025 was $459.7 million, including $2.9 million of one-time costs related to the Resource Efficiency Transformation Plan, compared to $425 million in the prior year [10] - The company expects net income for FY2025 to be between $257 million and $309 million, with resort reported EBITDA guidance unchanged at $841 million to $877 million [15][16] Business Line Data and Key Metrics Changes - Season-to-date total skier visits were down 2.5% compared to the previous year, while total lift ticket revenue was up 4.1% [12] - Ancillary business results showed ski school revenue up 3%, dining revenue up 3.1%, and combined retail and rental revenue down 2.9% compared to the prior year [12][86] - The company noted strong ancillary spend per destination guest visit, particularly in Ski School and Dining, despite lower destination visitation impacting overall revenue [7][13] Market Data and Key Metrics Changes - Destination guest visitation at Western North American resorts was below prior year levels, attributed to a shift in visitation patterns to later in the ski season [6] - Local guest visitation was in line with expectations, benefiting from improved conditions compared to the previous year [6] - The company reported strong performance in Eastern U.S. resorts, with non-pass lift revenue up 17.5% driven by improved conditions [82] Company Strategy and Development Direction - The company is focused on enhancing guest experience through investments in capacity, technology, and infrastructure, with a capital plan of approximately $249 million to $254 million for 2025 [23][24] - The Resource Efficiency Transformation Plan aims to achieve $100 million in annualized cost efficiencies by the end of FY2026 [9] - The company continues to prioritize returning capital to shareholders while investing in high-return projects and strategic acquisitions [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in current conditions and anticipates improved performance for the remainder of the season, driven by a significant base of pre-committed guests and positive lodging booking trends [14][41] - The company acknowledged the normalization of industry demand and the shift in guest behavior towards later spring visits, which has been a long-term trend [42] - Management emphasized the importance of addressing guest feedback and improving the overall guest experience, particularly in light of challenges faced at Park City [46][47] Other Important Information - The company declared a quarterly cash dividend of $2.22 per share, payable on April 10, 2025 [21] - As of January 31, 2025, the company's total liquidity was approximately $1.7 billion, including $488 million in cash [18] - The company repurchased approximately $50 million of its zero percent convertible senior notes, maintaining a strong balance sheet with net debt at 2.5 times trailing 12 months total reported EBITDA [19][20] Q&A Session Summary Question: Can you walk us through the core conditions on the ground? - Management noted that visitation at North American resorts was slightly above prior year levels, with some resorts experiencing normal snowpack conditions, while February visitation contracted as expected [37][38] Question: Is there room for a bigger pivot in narrative regarding core constituencies? - Management acknowledged the need to communicate effectively with guests and address challenges, particularly regarding the Park City experience [46][47] Question: Have you seen any impact from tariffs on visitation trends? - Management indicated no overt reaction to tariffs but continues to monitor visitation trends closely, especially at Whistler Blackcomb [54] Question: What is the current level of commitment to the dividend? - Management reaffirmed commitment to the current dividend level, citing confidence in free cash flow generation [95][96] Question: What areas need work to improve customer satisfaction? - Management highlighted the importance of reducing wait times and enhancing the guest experience through various investments and technology [99][100] Question: What is the outlook for long-term structural margins? - Management expects to increase margins through normal operating leverage and the Resource Transformation Plan, aiming for a margin of approximately 29.3% for FY2025 [106][108]