Vail Cuts Outlook, Underscoring Big Job Ahead for Returning CEO
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Vail Resorts Inc. cut its full-year earnings outlook just a week after reiterating it, underscoring the difficult task its boomerang chief executive officer faces to turn the resort operator around.
Earnings excluding some items will be $848 million to $870 million this year, according to a statement Thursday. The bottom end of its prior forecast was $854 million, while analysts had forecast $867 million.
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