Vail Resorts Earnings Could Dip If Strike Persists -- Market Talk

Dow Jones01-04

1450 ET - Vail Resorts could see an earnings dip if the week-long strike at its Park City site drags on, Morgan Stanley analyst Megan Clapp said in a note. The strike involving 200 ski patrollers has limited Park City's terrain to about 20% capacity during peak holiday season, but that may be mitigated by more open terrain at other resorts compared to last year, Clapp says. As negotiations continue, Vail's biggest risk is if guests avoid Park City later in the season due to operations limits. Shares rise 2.7% to $179.85 after falling the prior five sessions. (katherine.hamilton@wsj.com)

 

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January 03, 2025 14:50 ET (19:50 GMT)

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