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Jul 31, 2020
Vail Resorts Q4 2020 Earnings Report
Vail Resorts' Q4 earnings were negatively impacted by COVID-19, leading to resort closures and operational limitations.
Key Takeaways
Vail Resorts reported a significant decrease in fourth-quarter results due to the impact of COVID-19, which led to the closure of North American resorts and limitations on summer and Australian winter operations. Resort net revenue and Resort Reported EBITDA decreased compared to the prior year, reflecting reduced visitation and cost reductions.
COVID-19 significantly impacted Q4 results due to resort closures and operational restrictions.
Resort net revenue declined due to decreased visitation.
Resort Reported EBITDA decreased due to lower revenue, partially offset by cost reductions.
Season pass sales showed unit growth but a slight decrease in sales dollars due to credits issued to pass holders.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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