8-K ·Filed Apr 23, 2026

MTN

VAIL RESORTS INC
BEARISH
Impact 6/10
Horizonmonths Processed5mo ago SEC0000812011-26-000024
8-K context-dependent: Items 7.01
Actionable Insight ▼ Bearish

Monitor the company's next quarterly report in June 2026 for a comprehensive update on pass sales and full financial results, which will provide a clearer picture of the fiscal year's final performance.

DirectionBearish
Confidencehigh
Horizonmonths
Final — all horizons settled through T+60d
MTN ▲ +19.79% at T+60d
SHORT call ✗ call lost -19.79% · α vs SPY -14.87% · entry $123.43 → $147.86
Entry anchored
Apr 22, 03:59 PM ET
via exchange tick
T+1d
-3.71%
call +3.71% · α +4.50%
$118.85
settled 5mo ago
T+5d
-1.03%
call +1.03% · α +2.51%
$122.16
settled 5mo ago
T+20d
+2.49%
call -2.49% · α +2.14%
$126.51
settled 4mo ago
T+60d
+19.79%
call -19.79% · α -14.87%
$147.86
settled 2mo ago

Price Chart

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Executive Summary

Vail Resorts reported significantly weaker ski season metrics for the 2025-2026 season, with total skier visits down 14.9% and lift revenue down 5.6% compared to the prior year, due to record low snowfall and warm temperatures. As a result, the company now expects its Resort Reported EBITDA for fiscal 2026 to be at the low end of its prior guidance.

Key Facts

  • Total skier visits were down 14.9% compared to the prior year period.
  • Total lift revenue, including allocated season pass revenue, was down 5.6%.
  • Ski school revenue was down 12.0% and dining revenue was down 11.7%.
  • Retail/rental revenue was down 6.6%.
  • The company attributes the decline to record low snowfall and historically warm temperatures in the western U.S.
  • Vail Resorts now expects Resort Reported EBITDA for fiscal 2026 to be at or around the low end of its guidance range issued on March 9, 2026.

Financial Impact

Revenue and visitation metrics declined significantly across all major categories (lift, ski school, dining, retail/rental) due to adverse weather conditions.

revenuevisitationEBITDA

Risk Factors

  • Continued adverse weather conditions could further impact the company's financial performance.
  • The company's EBITDA is now expected to be at the lower end of its guidance range.

Market Snapshot

Exchange
NYSE
Sector
Services-Miscellaneous Amusement & Recreation

Investment Themes

Services

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0000812011-26-000024
Document: pressrelease20260423.htm0000812011-26-000024
Document: 0000812011-26-000024-index-headers.html0000812011-26-000024
Document: 0000812011-26-000024-index.html0000812011-26-000024
Document: 0000812011-26-000024.txt0000812011-26-000024
5 reports for MTN
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+1▲ +9.51%Mar 16, 2026
Filters
Rows
Reports for MTN — sortable, filterable
TypeNow
Sep 11, 2026
21d ago
DEFA14A
BEARISH ★ 6/10
$140.09 $139.80▲ +0.21%▼ −0.01%$141.16 (−0.76%)
Sep 2, 2026
4w ago
8-K
NEUTRAL ★ 2/10
$136.06 $140.09▲ +2.96%▲ +4.11%$141.16 (+3.75%)
Jun 8, 2026
16w ago
8-K
BEARISH ★ 6/10
$131.26 $134.40▼ −2.39%▲ +0.02%$141.16 (−7.54%)
Apr 23, 2026
23w ago
8-K
BEARISH ★ 6/10
$123.43 $122.16▲ +1.03%▲ +2.51%$141.16 (−14.36%)
Mar 16, 2026
28w ago
Insider Cluster
BULLISH ★ 8/10
$131.72 $129.37▼ −1.78%▲ +0.26%$141.16 (+7.16%)
Showing 5 of 5

US Market Status

Market Closed — Opens Mon (39h 25m)

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