Why Vail Resorts Stock Soared on Wednesday
The former and current leader
Just after market close on Tuesday, Vail announced that its onetime CEO Rob Katz is stepping back into that leadership role. In doing so, Katz replaces Kirsten Lynch, who vacated the position but will serve as an advisor to the company for an unspecified transitional period.
Katz was Vail's executive chairperson at the time of his reappointment, and will continue to fill that role. In his first tenure as the company's CEO, he served for 16 years.
In its press release officially announcing the transition, the company quoted the lead independent member of its board of directors Bruce Sewell as saying that Katz "has a strong track record of driving innovation and executing consistent performance at Vail Resorts, and has played a critical role in the development of Vail Resorts' operations and long-term strategy for over the past three decades."
Guidance mostly unchanged
In the release, Vail felt compelled to update its guidance for the entirety of its current fiscal year. It now expects earnings before interest, taxes, depreciation, and amortization (EBITDA) to land at the lower end of its previously stated range of $841 million and $877 million. It did not address its net income forecast, which had been set at $257 million to $309 million for the year.
Although it's always comforting when a familiar executive returns to the CEO chair, naturally his real impact will be reflected in the company's future performance; we'll have to wait and see how Vail performs in the coming quarters to better judge his work.
Should you invest $1,000 in Vail Resorts right now?
Before you buy stock in Vail Resorts, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Vail Resorts wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,389!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $830,492!*
Now, it's worth noting Stock Advisor 's total average return is982% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of May 19, 2025
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
17 minutes ago
- Globe and Mail
Analysts Offer Insights on Technology Companies: Lyft (LYFT) and Palo Alto Networks (PANW)
There's a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Lyft (LYFT – Research Report) and Palo Alto Networks (PANW – Research Report) with bullish sentiments. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Lyft (LYFT) In a report released today, John Blackledge from TD Cowen reiterated a Buy rating on Lyft, with a price target of $22.00. The company's shares closed last Monday at $16.02. According to Blackledge is a 5-star analyst with an average return of 13.7% and a 61.5% success rate. Blackledge covers the NA sector, focusing on stocks such as IAC/InteractiveCorp., Alphabet Class C, and Alphabet Class A. ;'> Currently, the analyst consensus on Lyft is a Hold with an average price target of $16.93, implying a 6.9% upside from current levels. In a report issued on August 7, Roth MKM also upgraded the stock to Buy with a $19.00 price target. Palo Alto Networks (PANW) Jefferies analyst Joseph Gallo maintained a Buy rating on Palo Alto Networks today and set a price target of $235.00. The company's shares closed last Monday at $176.17. According to Gallo is a 5-star analyst with an average return of 14.7% and a 66.4% success rate. Gallo covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, CyberArk Software, and Tenable Holdings. ;'> Palo Alto Networks has an analyst consensus of Strong Buy, with a price target consensus of $216.03, representing a 21.3% upside. In a report issued on August 12, Piper Sandler also upgraded the stock to Buy with a $225.00 price target.
Globe and Mail
41 minutes ago
- Globe and Mail
Chronicles of Captain Number Cruncher Book 2 by Moe Tabesh is Out Now
Your Business Has No Worth offers candid lessons in financial literacy, growth, and resilience. Your Business Has No Worth (Chronicles of Captain Number Cruncher Book 2) by Moe Tabesh, CPA, CGA, better known as Captain Number Cruncher, is now available in Kindle Edition on Amazon. This latest installment in the Chronicles series takes readers on a compelling journey of financial transformation, blending storytelling, practical business advice, and the Captain's trademark wit. The story follows Grant Wellington, a talented but struggling marketing professional whose company, StrategicEdge Marketing Solutions, is on shaky ground. Hoping for answers, Grant turns to Captain Number Cruncher, a sharp-minded CPA with a knack for cutting through financial confusion, only to be confronted with a brutal truth: to investors, his business has no value. From this unflinching starting point, readers are taken through a series of insightful, often humorous interactions in which the Captain diagnoses the root causes of the company's troubles. He identifies critical flaws in pricing strategy, brand identity, and client relationships, laying bare how these weaknesses have undermined both profitability and long-term viability. But Your Business Has No Worth is more than a critique; it's a blueprint for renewal. Through real-world anecdotes, actionable strategies, and a no-nonsense approach, Captain Number Cruncher guides Grant in rebuilding his business from the ground up. Step by step, he demonstrates how rethinking value propositions, refining brand positioning, and cultivating stronger client connections can transform an enterprise from being investor-averse to investment-ready. The narrative emphasizes resilience, growth, and the power of financial literacy. It's not just a story about saving one business; it's a motivational roadmap for entrepreneurs at any stage. Whether readers are seasoned business owners looking to sharpen their competitive edge or first-time entrepreneurs navigating the early stages of growth, the lessons within apply across industries. Captain Number Cruncher's hallmark style: blending technical expertise with humor, makes complex financial concepts accessible and engaging. As with his previous work, F... Dividends!, Tabesh delivers more than just advice; he offers perspective, inspiration, and the confidence that even the most challenged businesses can be turned around with the right strategy and mindset. 'Many entrepreneurs are shocked when they discover their business isn't as valuable as they thought,' notes Tabesh. 'This book is about facing that reality, taking decisive action, and building something truly worth investing in, both financially and personally.' Get a copy of Your Business Has No Worth (Chronicles of Captain Number Cruncher Book 2) at Amazon (Kindle Edition): About the Author Moe Tabesh, CPA, CGA is a seasoned chartered professional accountant with more than 27 years of experience in Canadian and American accounting, taxation, auditing, and business consulting. He is the founder of Numetrica, an Ottawa-based CPA firm providing full-spectrum accounting services tailored to small businesses and entrepreneurs. Tabesh is widely respected for simplifying complex financial matters, and his client-first approach has earned high praise from business leaders and CEOs across industries. Known as 'Captain Number Cruncher,' he blends financial expertise with humor and storytelling to educate and empower business owners through his writing and consulting work. He is an active member of the Canadian Institute of Chartered Accountants and has dedicated part of his career to community service and pro bono financial guidance for charitable organizations. About Numetrica Headquartered in Ottawa, Numetrica specializes in small business accounting, cloud bookkeeping, payroll, corporate and personal tax preparation, GST/HST services, CRA audit support, and Virtual CFO solutions. The firm is a trusted partner for small businesses across Canada and the U.S., offering cloud-based solutions using QuickBooks Online and other modern tools to simplify financial operations. Numetrica's core philosophy is built on precision, transparency, and personal connection.
Cision Canada
an hour ago
- Cision Canada
CGI and Kesko enter strategic partnership to accelerate digital transformation Français
HELSINKI, Finland, Aug. 20, 2025 /CNW/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, and retail services company Kesko have signed an agreement for a strategic partnership to accelerate digital transformation. The partnership covers a wide range of IT services, including end-user services, capacity and cloud services, as well as integrations. In addition, CGI will support the K Group retail network in digital development initiatives. "K Group's goal is to be a forerunner in digital services within the retail sector. In the competitive bidding process, our aim was to find a partner with the best capability to support our business growth and development by leveraging the newest technologies efficiently. The development of automation and AI-based solutions plays a significant role in renewing our business and improving productivity. CGI's strong international expertise combined with local presence convinced us of the company's ability to support us in achieving our objectives," says Arto Hiltunen, CIO at Kesko. "The current trend in the IT sector is that forerunner companies like Kesko are now building strategic collaboration models in which partners participate closely in business development and growth as shared goals and risks. We thank Kesko for the trust in forming a genuine and deep partnership, where the achievement of strategic goals is guided by joint metrics and investments," says Leena-Mari Lähteenmaa, President, CGI Finland, Poland and Baltics. CGI helps retail, consumer and services organizations leverage AI and data-driven strategies to boost profitability by delivering friction-free omnichannel customer experiences, enhancing supply chain agility, streamlining store operations, advancing sustainable transformation, and optimizing IT investments. Read more: About CGI Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 93,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2024 reported revenue is CA$14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at SOURCE CGI Inc.
