Page 5 - Michael Barkin News Today

Operator Good day, and welcome to the Vail Resorts second-quarter 2021 earnings call. [Operator instructions] Todays conference is being recorded. At this time, I would like to turn the conference over to CEO Robert Katz. Please go ahead, sir. Rob Katz -- Chief Executive Officer Thank you. Good afternoon, everyone. Welcome to our fiscal 2021 second-quarter earnings conference call. Joining me on the call this afternoon is Michael Barkin, our chief financial officer. Before we begin, let me re...

Vail Daily Photo by Chris Dillmann / Vail Daily EAGLE — The COVID-19 pandemic has taken a toll on Vail Resorts’ bottom line. On Thursday, Dec. 10, the global ski resort giant reported a net loss of $153.8 million for the first quarter of its current fiscal year that ended Oct. 31, a decrease of 44.4% compared to the same period last year. The company’s fiscal year runs from Aug. 1 to July 31. In its release, Vail Resorts stated its business has been challenged by COVID-19-related limitati...