Vail Resorts (MTN) Tops Q3 EPS by 46c, Revenues Miss

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Vail Resorts Reports Fiscal 2020 Third Quarter Results

June 4, 2020 4:05 PM EDT

BROOMFIELD, Colo., June 4, 2020 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the third quarter of fiscal 2020 ended April 30, 2020, which were significantly impacted by COVID-19 and the resulting closure of the Company's North American destination mountain resorts and regional ski areas on March 15, 2020.

Highlights

As a result of the disruptions caused by COVID-19, we took the following strategic actions to address the public health situation and strengthen the Company's financial and liquidity position to navigate through the current circumstances and position the... More