Vail Resorts Expects Revenue Growth Fueled by Strong Ticket Sales

Vail Resorts, Inc. is anticipated to announce a 12.4% rise in Mountain segment revenues for its Q4 fiscal 2023 results, expected on Wednesday. This growth is largely driven by strong ticket sales at North American resorts, along with a notable increase in Epic Australia Pass sales for the upcoming 2023/2024 winter season.

The company’s stock has experienced a significant increase this year, achieving a 19.3% year-over-year growth, which surpasses the overall industry average. This strong performance is attributed to the company’s impressive sales figures.

Although Vail Resorts holds a Zacks Rank #4 (Sell), it is projecting a revenue consensus of $282.5 million for the fourth quarter, a remarkable recovery from a loss of $2.70 during the same period last year.

These expected results highlight Vail Resorts’ effective recovery and growth strategies, capitalizing on the rising demand for mountain resort visits and winter sports activities in North America and Australia.

This article was generated with the support of AI and reviewed by an editor.