Vail Resorts to replace Sunup lift at Vail

By scott miller

This story will be updated.BROOMFIELD — As long as Vail has been a public company, it has reported losses in its first fiscal quarter, which runs from August through October. Those losses eased this year, due to skiing in Australia, pass sales and strong summer business. The company’s first-quarter earnings call, led by company CEO Rob Katz and Chief Financial Office Michael Barkin, reported a loss of $46.5 million compared to a loss of $70.5 million for the same period last year. Those losses are based on earnings before interest, taxes, depreciation and amortization, also known as EBITDA.Katz said the …

Source:: Vail Daily Feed