Vail Resorts profits below expectations
By Denver Business Journal
Vail Resorts Inc. posted a smaller profit in its most recent quarter Wednesday, falling short of analysts’ expectations.
The Broomfield-based ski-resort and hotel operator again cited a dropoff in real estate closings as a factor.
Vail Resorts (NYSE: MTN) reported results for the three months ending Jan. 31, which it regards as its fiscal 2010 second quarter.
It posted attributable net income of $40.7 million, or $1.11 a share, down from income of $60.5 million, or $1.65 a share, in the same quarter a year earlier.
Go to search and look at the article …Is Tahoe worth 100 bucks for a lift ticket?
Would that stop you from making the trip? At what point is the price of a lift ticket a stopper?
Macoche….Vail also has a lot real estate’s that went very low with lots unsold inventory tied up with the HOUSING BOOM THAT WENT TO HELL.
Bill. business can do what it wants and its none of your business. You overly opinionated people contradict yourselves so often. This is a private business; the customers will determine whether this is a good idea.
Now the reality comes out.