"This has been the most difficult weather environment in the Rockies we have ever seen. Snowfall came in 40% lower than fiscal 2012, the previous worst year on record."
"During the peak holiday period, only 70% to 80% of terrain was open at Colorado and Utah resorts, and conditions deteriorated further in February, with Colorado terrain dropping to approximately 57% open by the end of the month."
"Vail Resorts is famously having issues. Their stock is down -50% in the last 5 years. Zero snow this year equals another bad financial year."
Vail Resorts is experiencing its worst snowfall season in over three decades, leading to a 4.7% decline in Q2 FY2026 revenue to $1.08 billion. Resort Reported EBITDA fell 8.3% to $421.3 million, prompting a reduction in full-year guidance. CEO Rob Katz noted snowfall was 40% lower than the previous worst year. Skier visits dropped 13% year over year, with only 57% of Colorado terrain open by February's end. Shares have decreased by about 20% over the past year, reflecting ongoing financial struggles.
Read at 24/7 Wall St.
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