Vail Resorts Inc is trading 4.5% down at $131.00 after reporting weaker-than-expected third quarter fiscal 2026 results and lowering its full-year outlook amid soft visitation and pass sales.

  • The company cut its full-year Resort Reported EBITDA guidance to a range of $735M–$755M, driving selling pressure despite a firmer broader market.
  • Management cited historically poor winter weather as a primary factor that pressured peak-season performance and early season pass demand.