Vail Resorts, Inc. (MTN) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.693 Please stand by. Your meeting is about to begin. 00:00:07.018 -- 00:00:12.443 Good afternoon and welcome to the Vail Resorts Fiscal First Quarter 2026 00:00:12.443 -- 00:00:18.488 Earnings Conference Call. Today's conference is being recorded. 00:00:18.488 -- 00:00:22.612 Currently, all callers have been placed in a listen-only mode. 00:00:22.612 -- 00:00:28.499 And following management's prepared remarks, the call will be opened for your questions. 00:00:28.499 -- 00:00:33.647 If you would like to ask a question at that time, please press star 1 on your 00:00:33.647 -- 00:00:35.670 telephone keypad. 00:00:35.670 -- 00:00:40.177 If you need to remove yourself from the queue, press star 2. 00:00:40.177 -- 00:00:45.385 To get to as many questions as time permits, we ask that you please limit yourself to 00:00:45.385 -- 00:00:48.830 one question and one follow-up. 00:00:48.830 -- 00:00:53.357 At any time, if you should need operator assistance, press star 0. 00:00:53.357 -- 00:00:58.381 I will now turn the call over to Connie Wang, Vice President 00:00:58.381 -- 00:01:02.166 of Investor Relations at Vail Resorts. You may begin. 00:01:02.166 -- 00:01:04.166 Thank 00:01:05.069 -- 00:01:10.136 you, operator. Good afternoon and welcome to our fiscal 2026 first quarter 00:01:10.136 -- 00:01:15.222 earnings conference call. Joining me on the call are Rob Katz, our Chief Executive Officer, 00:01:15.222 -- 00:01:18.348 and Angela Korch, our Chief Financial Officer. 00:01:18.348 -- 00:01:22.815 Before we begin, let me remind you that some information provided during this call may 00:01:22.815 -- 00:01:26.580 include forward-looking statements that are based on certain assumptions and are subject 00:01:26.580 -- 00:01:31.748 to a number of risk...