Vail Resorts cuts fiscal 2026 guidance as weather hits second-quarter profit
Vail Resorts reported lower second-quarter fiscal 2026 results, with net income attributable to the company down from a year earlier, and reduced its full-year fiscal 2026 guidance. The company attributed the results to the worst Rockies winter in its history, with lowest snowfall levels in more than 30 years at its Colorado and Utah resorts, and it declared a $2.22 quarterly dividend.
Key points
- Q2 fiscal 2026 net income attributable to Vail Resorts was $210.0 million, compared with $244.4 million a year earlier.
- Resort Reported EBITDA was $421.3 million, down 8.3% from $459.7 million, while resort net revenue fell 4.7% to $1.08 billion.
- Fiscal 2026 guidance was cut to net income attributable of $144 million to $190 million and Resort Reported EBITDA of $745 million to $775 million.
- Quarterly dividend of $2.22 per share is payable April 9, 2026, to shareholders of record as of March 26, 2026.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 09, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.