Destination & Tourism
Vail Resorts’ Earnings, Net Income Jump in Second Quarter
Vail Resorts, Inc. reported significant increases in EBIDTA and net income results for the second quarter of fiscal 2013 ended Jan. 31. Resort reported EBITDA increased 17 percent for the second quarter of fiscal 2013 compared to the same period in the prior year.
Total net revenue in the second quarter of fiscal 2013 was $422.5 million, or a 13.2 percent increase, when compared to the same quarter in the prior year. Net income attributable to Vail Resorts, Inc. was $60.6 million, or $1.65 per diluted share, for the second quarter of fiscal 2013 compared to net income attributable to Vail Resorts, Inc. of $46.4 million, or $1.27 per diluted share, in the second quarter of the prior year.
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