FBR Capital Cuts Price Target as Peak Resorts (SKIS) Warns of Potential Dividend Cut

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Peak Resorts Reports Results for Third-Quarter and Nine-Months FY2016

March 15, 2016 7:30 AM EDT

WILDWOOD, Mo., March 15, 2016 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ: SKIS), a leading owner and operator of high-quality, individually branded ski resorts in the U.S., today reported results for its fiscal 2016 third quarter and nine months ended January 31, 2016.

Hunter Mountain, the most recent addition to the resort portfolio, made positive contributions to visits, revenue and cash flow following the close of that transaction in early January.Due to the late start to the ski season and challenging weather conditions in both regions, total skier and tuber visits... More