Core Insights - Vail Resorts reported a significant decline in early ski season metrics due to one of the worst early season snowfalls in over 30 years, with snowfall in the western U.S. approximately 50% below the historical average [2] - The company expects its full year Resort Reported EBITDA to be just below the low end of the previously issued guidance, contingent on performance improvements in the Rockies [2] Ski Season Metrics - Total skier visits decreased by 20.0% compared to the prior year period [5] - Total lift revenue, including season pass revenue, was down 1.8% compared to the prior year period [5] - Ski school revenue fell by 14.9% and dining revenue decreased by 15.9% compared to the prior year period [5] - Retail/rental revenue for North American resort and ski area store locations declined by 6.0% compared to the prior year period [5] Weather Impact - Snowfall in the Rockies was down nearly 60% versus the historical average, resulting in only 11% of terrain being opened in December [2] - Conditions in Tahoe and Whistler improved with significant snowstorms over the holiday period, allowing for terrain expansion [2] - Early season conditions at eastern U.S. ski areas were strong, partially offsetting the negative impacts from weather in the Rockies [2] Company Strategy and Commitment - The company emphasized its commitment to an advance commitment strategy and investments in resorts and employees to enhance guest experience [2] - Despite weather challenges, the company reported strong guest satisfaction scores for the season to date [2]

Core Viewpoint - Vail Resorts, Inc. will release its financial results for the fiscal first quarter of 2026 on December 10, 2025, after market close, followed by a conference call to discuss the results [1]. Financial Results Announcement - The financial results for the fiscal first quarter ended October 31, 2025, will be announced after market close on December 10, 2025 [1]. - A conference call will be held at 5:00 p.m. Eastern Time on the same day to review the financial results [1]. Conference Call Details - The call will be accessible via broadcast at investors.vailresorts.com [2]. - Participants can join by dialing (800) 267-6316 in the U.S. or Canada, or +1 (203) 518-9783 internationally, with the conference ID MTNQ126 [2]. - A replay of the call will be available two hours after the conclusion until December 17, 2025 [2]. Company Overview - Vail Resorts operates a network of premier ski resorts, including Vail Mountain, Breckenridge, and Whistler Blackcomb, among others [3]. - The company aims to achieve a zero net operating footprint by 2030 and is committed to supporting employees and communities [3]. - Vail Resorts also manages a collection of hotels and retail locations across North America [3].

Core Points - Vail Resorts, Inc. will release its financial results for the fiscal year ended July 31, 2025, after market close on September 29, 2025 [1] - A conference call will be held at 5:00 p.m. eastern time on the same day to discuss the financial results [1] - The call will be accessible via the company's website and through a dedicated telephone line [2] Financial Information - The company has announced a pricing of $500 million in senior notes offering [6] Company Overview - Vail Resorts operates a network of ski resorts including Vail Mountain, Breckenridge, and Whistler Blackcomb, among others [4] - The company aims to achieve a zero net operating footprint by 2030 and supports its employees and communities [4] - Vail Resorts also manages a collection of hotels and retail locations across North America [4]