Vail Resorts (MTN) Misses Q4 EPS by 13c

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Vail Resorts Reports Fiscal 2016 Fourth Quarter and Full Year Results and Provides Fiscal 2017 Outlook

September 26, 2016 6:45 AM EDT

BROOMFIELD, Colo., Sept. 26, 2016 /PRNewswire/ -- Vail Resorts, Inc. (NYSE:  MTN) today reported results for its fourth quarter and fiscal year ended July 31, 2016 and provided its outlook for the fiscal year ending July 31, 2017.

Highlights

Net income attributable to Vail Resorts, Inc. was $149.8 million for fiscal 2016, an increase of 30.5% compared to fiscal 2015 or 46.6%, excluding the $12.6 million after-tax non-cash gain on the Park City litigation settlement in fiscal 2015. Resort Reported EBITDA was $452.6 million for fiscal 2016, an increase of 29.5%, excluding the $16.4 million non-cash gain on the Park City litigation settlement in fiscal 2015. Season... More

Vail Resorts and Whistler Blackcomb Strategic Combination Receives Competition Bureau Clearance

September 23, 2016 7:01 PM EDT

BROOMFIELD, Colo. and WHISTLER, British Columbia, Sept. 23, 2016 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) ("Vail Resorts") and Whistler Blackcomb Holdings, Inc. (TSX: WB) ("Whistler Blackcomb") today announced that the Canadian Competition Bureau has issued a no-action letter under the Competition Act (Canada) indicating that it does not intend to challenge the proposed strategic business combination joining Whistler Blackcomb with Vail Resorts.

The proposed combination remains subject to customary closing conditions, including approval by Whistler Blackcomb shareholders and the Supreme Court of British... More

Vail Resorts and Whistler Blackcomb Strategic Combination Receives Competition Bureau Clearance

September 23, 2016 7:01 PM EDT

BROOMFIELD, CO and WHISTLER, BC, Sept. 23, 2016 /PRNewswire/ - Vail Resorts, Inc. (NYSE: MTN) ("Vail Resorts") and Whistler Blackcomb Holdings, Inc. (TSX: WB) ("Whistler Blackcomb") today announced that the Canadian Competition Bureau has issued a no-action letter under the Competition Act (Canada) indicating that it does not intend to challenge the proposed strategic business combination joining Whistler Blackcomb with Vail Resorts.

The proposed combination remains subject to customary closing conditions, including approval by Whistler Blackcomb shareholders and the Supreme Court of British... More