Quarterly loss widens at Heavenly’s parent company
Publisher’s Note: Vail Resorts owns Heavenly Mountain Resort on the South Shore of Lake Tahoe.
Mark Harden, Denver Business Journal
Vail Resorts Inc. Thursday posted a loss of $38.7 million for the most recent quarter, deeper than the $11.1 million loss for the same quarter a year earlier, as real estate revenue sharply declined.
It posted a profit of $48.95 million for the fiscal year, down from $102.9 million the previous year, also with real estate a big factor.
