Vail Resorts, Inc. (NYSE:MTN) Q3 2023 Earnings Conference Call June 8, 2023 5:00 PM ET Company Participants Kirsten Lynch - Chief Executive Officer Angela Korch - Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America David Katz - Jefferies Ben Chaiken - Credit Suisse Chris Woronka - Deutsche Bank Brandt Montour - Barclays Operator Good day everyone. Good afternoon and welcome to the Vail Resorts Fiscal 2023 Third Quarter Earnings Call. Today's conference is being recorded. Curr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-09614 Vail Resorts, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 51-0291762 (State or Other Jurisdiction of (I.R.S. E ...

Vail Resorts, Inc. (NYSE:MTN) Q2 2023 Earnings Conference Call March 9, 2023 5:00 PM ET Company Participants Kirsten Lynch - Chief Executive Officer Angela Korch - Executive Vice President and Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America Merrill Lynch Benjamin Chaiken - Credit Suisse AG Chris Woronka - Deutsche Bank AG Laurent Vasilescu - BNP Paribas Exane David Katz - Jefferies LLC Brandt Montour - Barclays Bank PLC Patrick Scholes - Truist Securities, Inc. Omer Sande ...

公司运营部门 - 公司运营分为三个主要部门：山地、住宿和房地产[85] - 山地部门主要收入来源于售卖雪票，占山地部门净收入的58%至63%[87] - 公司的住宿部门主要收入来自与度假村相邻的酒店和公寓，占住宿部门净收入的约94%[94] - 房地产部门主要活动包括向第三方开发商出售土地和规划未来房地产开发项目[95] 风险和挑战 - 公司面临的风险包括经济挑战、雪量和旅游季节性波动、以及各地区天气和旅行限制的影响[96] 业务表现 - 公司的辅助业务，包括滑雪学校、餐饮和零售/租赁，与去年同期相比经历了强劲增长[99] 财务状况 - 公司截至2023年1月31日拥有13亿美元的现金及现金等价物[101] - 公司长期债务净额从2022年1月31日的14亿美元增至2023年1月31日的16亿美元[157] 山地部门运营 - 山地部门报告的EBITDA为2023年1月31日的398,851美元[103] - 山地部门净收入中，升降机收入增长13.6%至592,603美元[104] - 非通行收入增长6.8%，非通行ETP增长8.4%[108] - 雪场学校收入增长34.1%，餐饮收入增长58.8%[109] - 运营费用增长37.6%，主要是由于员工工资和薪金的投资[111] 房地产部门运营 - 房地产净收入主要取决于交易的时间和出售的房地产种类的组合[135] - 2023年1月31日结束的三个月内，房地产净收入为7699千美元，同比增长4177.2%[137] - 2023年1月31日结束的六个月内，房地产净收入为7812千美元，同比增长1478.2%[139] 资本支出和财务计划 - 公司计划在2023年度度假村资本支出约为1.8亿至1.85亿美元，包括与Keystone和Park City项目相关的延期资本支出[155] 股东回报和股票回购 - 公司董事会于2023年3月7日批准每股2.06美元的现金股息，于2023年4月11日支付给股东[161] - 公司董事会于2023年3月7日批准增加250万股的股票回购计划，目前尚有353.4292万股可回购[162] 风险管理 - 公司存在外汇风险，特别是加拿大元、澳大利亚元和瑞士法郎对美元汇率的波动可能对财务结果产生负面影响[176] - 公司未采取对冲安排以减少外汇波动对运营的影响[176]

Vail Resorts, Inc. (NYSE:MTN) Q1 2023 Earnings Conference Call December 9, 2022 8:30 AM ET Company Participants Kirsten Lynch - Chief Executive Officer Michael Barkin - Executive Vice President and Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America Ben Chaiken - Credit Suisse Chris Woronka - Deutsche Bank Laurent Vasilescu - BNP Paribas Exane Jeff Stantial - Stifel Gregory Miller - Truist Securities David Katz - Jefferies Operator Good morning, and welcome to the Vail Resort ...

Vail Resorts, Inc. (NYSE:MTN) Q4 2022 Earnings Conference Call September 28, 2022 5:00 PM ET Company Participants Kirsten Lynch - CEO Michael Barkin - EVP and CFO Conference Call Participants Shaun Kelley - Bank of America Merrill Lynch Chris Woronka - Deutsche Bank David Katz - Jefferies Omer Sander - JPMorgan Ben Chaiken - Credit Suisse Ryan Sundby - William Blair Patrick Scholes - Truist Securities Jeffrey Stantial - Stifel Brandt Montour - Barclays Operator Good day, and welcome to the Vail Resorts Four ...

Vail Resorts, Inc. (NYSE:MTN) Q3 2022 Earnings Conference Call June 9, 2022 5:00 PM ET Company Participants Kirsten Lynch - CEO Michael Barkin - CFO Conference Call Participants Shaun Kelley - Bank of America Chris Woronka - Deutsche Bank Laurent Vasilescu - BNP Paribas Jeffrey Stantial - Stifel Patrick Scholes - Truist Securities Omer Sander - JPMorgan Farshid Javar - Jefferies Ryan Sundby - William Blair Operator Good day, and welcome to the Vail Resorts Third Quarter Earnings Call. Today's conference is ...

Vail Resorts, Inc. (NYSE:MTN) Q2 2022 Results Conference Call March 14, 2022 5:00 PM ET Company Participants Kirsten Lynch - CEO Michael Barkin - CFO Conference Call Participants Shaun Kelley - Bank of America Ben Chaiken - Credit Suisse Jeff Stantial - Stifel Laurent Vasilescu - Paribas Exane Chris Woronka - Deutsche Bank Patrick Scholes - Truist Securities David Katz - Jefferies Ryan Sundby - William Blair Operator Good day, and welcome to the Vail Resorts Second Quarter Earnings Conference Call. Today's ...

Vail Resorts, Inc. (NYSE:MTN) Q1 2022 Earnings Conference Call December 9, 2021 5:00 PM ET Company Participants Kirsten Lynch - CEO Michael Barkin - CFO Conference Call Participants Shaun Kelley - Bank of America Benjamin Chaiken - Credit Suisse Chris Woronka - Deutsche Bank Patrick Scholes - Truist Securities David Katz - Jefferies Jeffrey Stantial - Stifel Ryan Sundby - William Blair Operator Please stand by. Good day and welcome to the Vail Resorts First Quarter 2022 Earnings Call. Today's conference is ...

Vail Resorts, Inc. (NYSE:MTN) Q4 2021 Earnings Conference Call September 23, 2021 5:00 PM ET Company Participants Rob Katz - CEO Michael Barkin - CFO Kirsten Lynch - Chief Marketing Officer Conference Call Participants Shaun Kelley - Bank of America Ben Chaiken - Credit Suisse Laurent Vasilescu - Exane BNP Paribas Chris Woronka - Deutsche Bank Patrick Scholes - Truist Securities David Katz - Jefferies Jeff Stantial - Stifel Brandt Montour - JPMorgan Paul Golding - Macquarie Capital Ryan Sundby - William Bla ...