Page 9 - Michael Barkin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Operator Good day, and welcome to the Vail Resorts second-quarter 2021 earnings call. [Operator instructions] Today's 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 remind you that some information provided during this call may include forward-looking statements tha...

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 limitations, restrictions and closures, and provided season pass sales results. In a Thursday afternoon earn...