Vail Resorts is a leading global mountain resort company that operates a diverse portfolio of ski resorts and outdoor recreational properties. The company is dedicated to providing exceptional experiences for guests through a wide range of activities, including skiing, snowboarding, mountain biking, and hiking. Vail Resorts not only focuses on delivering high-quality services and amenities but also emphasizes sustainability and environmental stewardship in its operations. With a commitment to enhancing the mountain experience, Vail Resorts continually invests in infrastructure, innovation, and community engagement to create memorable adventures for visitors year-round. Read More
Consumer discretionary businesses are levered to the highs and lows of economic cycles. This sensitive demand profile can cause discretionary stocks to plummet when macro uncertainty enters the fray,
and over the past six months, the industry has shed 11.9%. This drawdown was especially disappointing since the S&P 500 stood firm.
Wall Street surged into rally mode during the final trading session of the week as better-than-expected jobs data helped ease fears of an economic slowdown.
Luxury ski resort company Vail Resorts (NYSE:MTN) met Wall Street’s revenue expectations in Q1 CY2025, but sales were flat year on year at $1.30 billion. Its GAAP profit of $10.54 per share was 4.7% above analysts’ consensus estimates.
After a sharp Tuesday rally fueled by optimism over improved U.S.-EU trade ties, Wall Street stalled midweek as rising Treasury yields reasserted pressure ahead of Nvidia Corp.
Shares of luxury ski resort company Vail Resorts (NYSE:MTN) jumped 13.2% in the morning session after the company announced the return of Rob Katz as CEO, replacing Kirsten Lynch. Katz, who previously held the chief executive role from 2006 to 2021 and currently serves as executive chair. For investors, Katz's leadership is likely to inspire confidence, given his history of driving growth and expanding Vail's resort portfolio.
Vail Resorts Inc (NYSE:MTN) shares are climbing in Tuesday's after-hours session after the company announced the appointment of a new CEO and reaffirmed 2025 guidance.
