Vail Resorts Q3 Net Income Plunges, Cuts Guidance Again, Next Season Pass Sales Down 10%
MTN sits 15% above its 52-week low of $118.51.
Summary
Vail Resorts reported a significant decline in Q3 fiscal 2026 net income and Resort Reported EBITDA, both down year-over-year. The company further reduced its full-year fiscal 2026 guidance, citing persistent unfavorable weather conditions that impacted visitation. This follows previous negative updates in April and a Q2 guidance cut due to low snowfall. Most notably, early season pass sales for the upcoming 2026/2027 North American ski season are down approximately 10% in units and 5% in sales dollars, signaling potential ongoing demand weakness for the next season.
At the time of this announcement, MTN was trading at $136.50 on NYSE in the Trade & Services sector, with a market capitalization of approximately $4.9B. The 52-week trading range was $118.51 to $172.00. This news item was assessed with negative market sentiment and an importance score of 9 out of 10. Source: PR Newswire.