The chart below shows how MTN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MTN sees a +0.33% change in stock price 10 days leading up to the earnings, and a -3.33% change 10 days following the report. On the earnings day itself, the stock moves by +0.57%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Earnings Per Share Beat: Vail Resorts reported an EPS of $6.56, exceeding expectations of $6.29.
Resort EBITDA Growth: The company achieved an 8% growth in resort reported EBITDA compared to the prior year.
Resort Visitation Stability: Second quarter visitation at North American resorts was slightly above prior year levels, indicating stability in demand.
Ancillary Spend Performance: Ancillary spend per destination guest visit was strong across Ski School and Dining businesses, showcasing effective revenue generation strategies.
Resource Efficiency Transformation Plan: Vail Resorts is on track with its Resource Efficiency Transformation Plan, aiming for $100 million in annualized cost efficiencies by the end of fiscal 2026.
Negative
Decline in Guest Visitation: Destination guest visitation at Western North American resorts was below prior year levels, indicating a decline in interest or demand.
Ancillary Revenue Impact: The overall revenue in ancillary businesses was impacted by a lower mix of destination visitation, suggesting a reliance on destination guests for revenue.
Ski Season Visitation Trends: There is a noted shift in historical visitation patterns across the ski industry to later in the ski season, which may affect future planning and revenue.
EBITDA Growth Challenges: Despite an 8% growth in resort reported EBITDA, the company is facing challenges with industry demand normalization, which could impact future growth.
Resource Efficiency Transformation: The company is undergoing a Resource Efficiency Transformation Plan, indicating potential operational inefficiencies that need addressing.
Vail Resorts, Inc. (NYSE:MTN) Q2 2025 Earnings Call Transcript
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