2024-03-14 02:07:24 ET
Summary
- Vail Resorts operates ski resorts and other leisure properties.
- MTN has recently reported its financial results for Q2 2024, coming in below analysts' expectations.
- Despite the earnings miss, I'm bullish given the network effects of the Epic Pass program and the steps the company is taking today to position itself for the long-run.
Introduction
Vail Resorts, Inc. ( MTN ) is an owner and operator of ski resorts in North America and Europe. With over 40 mountain resorts, the company owns some of the most well-known and highly coveted mountain resorts visited by millions of skiers and snowboarders every year. It also has other activities like ski school, dining and restaurants, retail, and some lodging and hotels operations. In this article, I'll discuss the company's latest Q2 results (which came in below analysts' expectations), my outlook for the company, and my rationale for initiating a small position in the company's shares....
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For further details see:
Vail Resorts: Weak Q2 But Promising Growth Prospects