
Vail Resorts, Inc. (NYSE:MTN) Q4 2025 Earnings Call September 29, 2025 5:00 PM EDT
Company Participants
Angela Korch – Executive VP & CFO
Robert Katz – CEO & Executive Chairman
Conference Call Participants
Shaun Kelley – BofA Securities, Research Division
David Katz – Jefferies LLC, Research Division
Jeffrey Stantial – Stifel, Nicolaus & Company, Incorporated, Research Division
Stephen Grambling – Morgan Stanley, Research Division
Laurent Vasilescu – BNP Paribas Exane, Research Division
Charles Scholes – Truist Securities, Inc., Research Division
Arpine Kocharyan – UBS Investment Bank, Research Division
Benjamin Chaiken – Mizuho Securities USA LLC, Research Division
Brandt Montour – Barclays Bank PLC, Research Division
Chris Woronka – Deutsche Bank AG, Research Division
Presentation
Operator
Good afternoon, and welcome to the Vail Resorts Fiscal 2025 Year-End Earnings Conference Call. Today’s conference is being recorded.
[Operator Instructions]
I will now turn the call over to Angela Korch, Chief Financial Officer of Vail Resorts. You may begin.
Angela Korch
Executive VP & CFO
Thank you, operator. Good afternoon, and welcome to our fiscal 2025 fourth quarter earnings conference call. Joining me on the call today is Rob Katz, our Chief Executive Officer. Before we begin, let me remind you that some information provided during this call may include forward-looking statements that are based on certain assumptions and are subject to a number of risks and uncertainties as described in our SEC filings and actual future results may vary materially. Forward-looking statements in our press release issued this afternoon, along with our remarks on this call, are made as of today, September 29, 2025 and we undertake no duty to update them as actual events unfold. Today’s remarks also include certain non-GAAP financial measures. Reconciliations of these measures are provided in the tables included with our press release, which along with our annual report on Form 10-K, were filed this afternoon with the SEC and are also available on the Investor Relations section of our website at
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