BROOMFIELD, Colo. —Vail Resorts said Thursday its earnings rose 23 percent in its fiscal third quarter, as late spring snow helped boost skier visits to its Colorado resorts and visitors proved willing to spend on food, lessons and gear.
The Broomfield-based company reported net income of $97.6 million, or $2.66 per share, for the three months that ended April 30. That’s up from $79.5 million, or $2.17 per share, during the same period last year. Analysts had forecast earnings of $2.74 per share.
Revenue climbed 12 percent to $469.7 million.