Vail Resorts, Inc. (MTN) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.140 Good afternoon and welcome to the Vail Resorts Fiscal Third Quarter 2025 Earnings Conference 00:00:05.140 -- 00:00:08.626 Call. Today's conference is being recorded. 00:00:08.626 -- 00:00:12.453 Currently, all callers have been placed in a listen-only mode, and following management's 00:00:12.453 -- 00:00:16.380 prepared remarks, the call will be open for your questions. 00:00:16.380 -- 00:00:20.448 If you would like to ask a question at any time, please press star 1 on your telephone 00:00:20.448 -- 00:00:22.050 keypad. 00:00:22.050 -- 00:00:25.225 If you need to remove yourself from the queue, press star 2. 00:00:25.225 -- 00:00:29.010 To get to as many questions as time permits, we ask that you please limit yourself to 00:00:29.010 -- 00:00:31.613 one question and one follow-up. 00:00:31.613 -- 00:00:36.178 At any time, if you should need operator assistance, please press star zero. 00:00:36.178 -- 00:00:41.044 I will now turn the call over to Angela Korch, Chief Financial Officer of Vail Resorts. 00:00:41.044 -- 00:00:41.625 You may begin. 00:00:41.625 -- 00:00:43.625 Thank 00:00:44.348 -- 00:00:49.434 you, operator. Good afternoon and welcome to our fiscal 2025 third quarter earnings conference 00:00:49.434 -- 00:00:54.014 call. Joining me on the call is Rob Katz, our Chief Executive Officer. 00:00:54.014 -- 00:00:58.240 Before we begin, let me remind you that some information provided during this call may 00:00:58.240 -- 00:01:02.365 include forward-looking statements that are based on certain assumptions and are subject 00:01:02.365 -- 00:01:07.112 to a number of risks and uncertainties, as described in our SEC filings. 00:01:07.112 -- 00:01:09.775 And actual future results may vary materially. 00:01:09.775 -- 00:01:13.040 F...