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Vail Resorts Q1 2016 EBITDA loss $46.5 million

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Staff writer ▼ | December 8, 2015
Vail Resorts reported results for the first quarter of fiscal 2016 ended October 31, 2015. Reported EBITDA loss was $46.5 million including results from Perisher.
Vail Resorts
Vail Resorts   Net loss attributable to Vail Resorts was $59.6 million
This compares to a loss of $70.5 million in the same period in the prior year, excluding the $16.4 million non-cash gain on the Park City litigation settlement.

Net loss attributable to Vail Resorts was $59.6 million compared to a net loss of $64.3 million in the same period in the prior year.

Sales of season passes through December 5, 2015 for the 2015/2016 ski season were up approximately 13% in units and approximately 19% in sales dollars versus the comparable period in the prior year, excluding Perisher Freedom Pass and Epic Australia Pass sales in both periods.

The company reaffirmed its guidance for fiscal year 2016 of $405 million to $430 million of Resort Reported EBITDA.


 

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