Vail Resorts Just Had Its Worst Winter in 40 Years -- Market Talk

Dow Jones06-09

1740 ET - Historically adverse weather conditions across the western U.S. weighed on Vail Resorts' operations during the recent quarter, driving meaningful pressure on both visitation and revenue, CEO Rob Katz says on a call with analysts. The trends were most notable at the company's resorts in the Rockies, which experienced the worst season on record for snowfall. "To give context on the magnitude of the impact of conditions on visitation this past season, industry-wide visitation in the Rockies declined approximately 24%," Katz says. "When you look back over 40 years, the prior worst decline in visitation outside of Covid-related closures for the Rockies was down 8% in 2012, which illustrates the unprecedented severity of the conditions and the anomaly we just experienced." Shares are off 5% in late trading after Vail once again cuts in outlook for the year. (connor.hart@wsj.com)

 

(END) Dow Jones Newswires

June 08, 2026 17:40 ET (21:40 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment