Vail Resorts benefits from increased prices, good weather early in the season

What you need to know

• Vail Resorts reported a smaller-than-expected first-quarter loss and revenue rose on higher prices.
• As a result of the weather, some ski resorts opened earlier than anticipated.
• Vail Resorts is planning to invest $249-$254 million of capital in 2025.

Vail Resorts shares (MTN), which operate ski resorts, rose on Tuesday after reporting better than expected results. The company also increased its forecast for price increases and favorable weather in the early seasons. 

Visible Alpha polled analysts and found that the company’s net loss was $4.61, or $0.50 less per share than their consensus estimate. The company’s revenue of 260.3 million dollars rose by less than 1 percent, but it also exceeded expectations. 

Sales of season pass products for 2024/25 North American skiing seasons fell by 2%, but sales dollars rose 4% due to higher prices.

Kirsten L. Lynch, the CEO at the Ski Company of America (SCA), said the firm is excited about the new season and that weather conditions allowed them to open locations earlier than they had anticipated.

Vail Resorts Raises FY Profit Outlook

Vail Resorts increased its forecast for the net profit attributable the company in the range $240 to $316 from an earlier guidance of 224 to 300 million. 

For the year 2025, the company plans to invest from $249 to $254 Million in their resorts. Total includes European capital investment and capital related to real estate.

Despite today's 3% gains, shares of Vail Resorts are down about 8% year-to-date. 

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