reports
Peak Resorts Shareholders Approve Merger Agreement for Acquisition by ...
Peak Resorts Shareholders Approve Merger Agreement for Acquisition by Vail Resorts WILDWOOD, Mo., Sept. 20, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (Nasdaq:SKIS) (“Peak Resorts” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, today announced that the Company’s shareholders, at a special meeting held today (the “Special Meeting”), approved the merger agreement for the acquisition of the Company by Vail Resorts, Inc. (NYSE: MTN) (“Vail Resorts”). Under the terms of the merger agreement, Peak Resorts’ common shareholders will be ent...
Peak Resorts to be Acquired by Vail Resorts for $11.00 Per Share
Peak Resorts to be Acquired by Vail Resorts for $11.00 Per Share All-Cash Transaction Expected to Close This Fall WILDWOOD, Mo., July 22, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak Resorts” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, today announced that it has entered into a definitive merger agreement with Vail Resorts, Inc. (NYSE: MTN) (“Vail Resorts”) pursuant to which Vail Resorts will acquire all outstanding shares of common stock of Peak Resorts for $11.00 per share in cash. The transaction represen...
Peak Resorts Declares Quarterly Cash Dividend of $0.07 Per Share
Peak Resorts Declares Quarterly Cash Dividend of $0.07 Per Share WILDWOOD, Mo., July 02, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that its Board of Directors has declared a quarterly cash dividend of $0.07 per outstanding share of its common stock. The cash dividend is payable on August 9, 2019 to common shareholders of record as of July 25, 2019 and represents an annualized yield of 6.0% based on the $4.64 per share closing price of the Company’...
Peak Resorts Reports Fiscal 2019 Fourth Quarter and Full Year Results
Peak Resorts Reports Fiscal 2019 Fourth Quarter and Full Year Results WILDWOOD, Mo., June 27, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, today reported financial results for its fiscal 2019 fourth quarter and full year as summarized below: (in thousands, except per share data) Three months ended April 30, Year ended April 30, 2019 2018 2019 2018 Revenues$ 85,458 $ 56,032 $ 184,426$ 131,662 Resort operating costs$ 42,699 $ 31,951 $ 119,737...
Peak Resorts to Report Fiscal 2019 Fourth Quarter and Full Year Result...
Peak Resorts to Report Fiscal 2019 Fourth Quarter and Full Year Results on June 27, Host Conference Call and Webcast WILDWOOD, Mo., June 13, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that the Company will release its fiscal 2019 fourth quarter and full year financial results at 7:00 a.m. ET on Thursday, June 27, 2019, and host a conference call and webcast at 10:00 a.m. ET that day. Both the call and webcast are open to the general public. Intere...
Peak Resorts Announces Strong Pre-Season 2019/20 Season Pass Sales
Peak Resorts Announces Strong Pre-Season 2019/20 Season Pass Sales Company Investing $3.5 Million to Upgrade Snowmaking Infrastructure at Liberty, Whitetail and Roundtop WILDWOOD, Mo., May 09, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that the Company’s consolidated initial sales for its 2019/20 season pass offerings increased 20.8% on a unit basis and 19.8% on a dollar basis over the prior year through the discounted sales window, inclusive of ...
Peak Resorts Declares Quarterly Cash Dividend of $0.07 Per Share
Peak Resorts Declares Quarterly Cash Dividend of $0.07 Per Share WILDWOOD, Mo., April 09, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that its Board of Directors has declared a quarterly cash dividend of $0.07 per outstanding share of its common stock. The cash dividend is payable on May 10, 2019 to common shareholders of record as of April 25, 2019 and represents an annualized yield of 5.9% based on the $4.75 per share closing price of the Company’...
Peak Resorts Reports Fiscal 2019 Third Quarter Results
Peak Resorts Reports Fiscal 2019 Third Quarter Results WILDWOOD, Mo., March 13, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, today reported financial results for its fiscal 2019 third quarter as summarized below: (in thousands, except per share data) Three months ended January 31, Nine months ended January 31, 2019 2018 2019 2018 Revenues$ 83,977 $ 59,272 $98,968 $ 75,630 Resort operating costs$ 49,049 $ 35,982 $ 77,038 $ 64,642 Income (Loss) from ...
How The East Was One: Peak Resorts Debuts 2019-20 Peak Pass
How The East Was One: Peak Resorts Debuts 2019-20 Peak Pass Same Great Pass, Same Great Price, Now With More Resorts WILDWOOD, Mo., March 06, 2019 (GLOBE NEWSWIRE) -- (NASDAQ:SKIS), a leading owner and operator of high-quality, individually branded U.S. ski resorts, today announced the debut of the – its popular multi-mountain season pass – for the 2019-20 season. All six Peak Pass options for the upcoming season are available for sale effective today, March 6, 2019. The Peak Pass is “How The East Was One” thanks to its truly unlimited, multi-mountain access to Peak Resorts’ broad ar...
Peak Resorts to Report Fiscal 2019 Third Quarter Results on March 13, ...
Peak Resorts to Report Fiscal 2019 Third Quarter Results on March 13, Host Conference Call and Webcast WILDWOOD, Mo., Feb. 27, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that the Company will release its fiscal 2019 third quarter financial results at 7:00 a.m. ET on Wednesday, March 13, 2019, and host a conference call and webcast at 10:00 a.m. ET that day. Both the call and webcast are open to the general public. Interested parties can access...
Peak Resorts Completes $31 Million in Capital Projects at Mount Snow a...
Peak Resorts Completes $31 Million in Capital Projects at Mount Snow and Hunter Mountain $22 Million Carinthia Lodge Opens at Mount Snow for the Holidays Hunter North Expansion Now Open at Hunter Mountain WILDWOOD, Mo., Jan. 16, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of U.S. ski resorts, today announced that guests at Mount Snow and Hunter Mountain are now enjoying the completion of $31 million in capital improvements. Both the new Carinthia Base Lodge at Mount Snow and the Hunter North expansion at Hunter Mounta...
Peak Resorts Declares Quarterly Cash Dividend of $0.07 Per Share
Peak Resorts Declares Quarterly Cash Dividend of $0.07 Per Share WILDWOOD, Mo., Jan. 08, 2019 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that its Board of Directors has declared a quarterly cash dividend of $0.07 per outstanding share of its common stock. The cash dividend is payable on February 8, 2019 to common shareholders of record as of January 24, 2019 and represents an annualized yield of 5.9% based on the $4.75 per share closing price of the Com...
Peak Resorts Reports Record Season Pass Sales
Peak Resorts Reports Record Season Pass Sales Peak Pass Revenue Up 20% Year-Over-Year Sales of Drifter Pass for 18-29 Year-Olds Up 27% Year-Over-Year on Revenue Basis Through December 17 WILDWOOD, Mo., Dec. 19, 2018 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of U.S. ski resorts, today reported record season pass sales for the 2018/2019 ski season through December 17, 2018. Company-wide season pass sales – including season pass sales to customers of the newly acquired Snow Time properties for the 2018/2019 ski season – are...
Peak Resorts Reports Fiscal 2019 Second Quarter Results
Peak Resorts Reports Fiscal 2019 Second Quarter Results WILDWOOD, Mo., Dec. 12, 2018 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, today reported financial results for its fiscal 2019 second quarter as summarized below: (in thousands, except per share data)Three months ended October 31,Six months ended October 31, 2018201720182017 Revenues$ 7,984 $ 8,838 $ 14,991 $ 16,358 Resort operating costs$ 13,718 $ 15,121 $ 27,989 $ 28,660 Loss from operations$ (12,0...
Peak Resorts to Report Fiscal 2019 Second Quarter Results on December ...
Peak Resorts to Report Fiscal 2019 Second Quarter Results on December 12, Host Conference Call and Webcast WILDWOOD, Mo., Nov. 29, 2018 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that the Company will release its fiscal 2019 second quarter financial results at 7:00 a.m. ET on Wednesday, December 12, 2018, and host a conference call and webcast at 10:00 a.m. ET that day. Both the call and webcast are open to the general public. Interested parties can ac...
Peak Resorts Completes Acquisition of Snow Time
Peak Resorts Completes Acquisition of Snow Time Adds Three Popular Pennsylvania Resorts to Growing Northeast Portfolio Snow Time Season Pass Upgrade Results Demonstrate the Strong Appeal of the Unlimited Peak Pass WILDWOOD, Mo., Nov. 26, 2018 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that it has completed its previously announced acquisition of Snow Time, Inc. (“Snow Time”). Pursuant to the terms of the transaction, Peak Resorts paid approximatel...
Peak Resorts Reports Pre-Season Pass Sales Results
Peak Resorts Reports Pre-Season Pass Sales Results 22% Year-Over-Year Increase in Peak Pass Sales Revenue Through October 19 WILDWOOD, Mo., Oct. 24, 2018 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, today provided updated preliminary results for pre-season sales of its 2018/2019 Peak Pass. Through the October 19, 2018 pre-season pricing deadline, Peak Pass sales increased by approximately 19% on a unit basis and by approximately 22% on a revenue basis, compared to the ...
Mount Snow Ushers in Ski Season on October 27 With Earliest Opening in...
Mount Snow Ushers in Ski Season on October 27 With Earliest Opening in Resort’s 64-Year History Northeast’s Most Powerful Snowmaking System Creates Early Winter Arrival WILDWOOD, Mo., Oct. 23, 2018 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, today announced that its flagship resort, Mount Snow, will open for the 2018/2019 season on Saturday, October 27. The planned opening day weekend represents the resort’s earliest opening on record and will come with the most skiab...
Peak Resorts Declares Quarterly Cash Dividend of $0.07 Per Share
Peak Resorts Declares Quarterly Cash Dividend of $0.07 Per Share WILDWOOD, Mo., Oct. 09, 2018 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that its Board of Directors has declared a quarterly cash dividend of $0.07 per outstanding share of its common stock. The cash dividend is payable on November 27, 2018 to common shareholders of record as of November 15, 2018 and represents an annualized yield of 5.3% based on the $5.27 per share closing price of the C...
Peak Resorts to Acquire Snow Time for $76 Million
Peak Resorts to Acquire Snow Time for $76 Million Accretive Transaction Expands Peak’s Northeast Portfolio with the Addition of Three High-Quality Resorts WILDWOOD, Mo., Sept. 24, 2018 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that it has entered into a definitive agreement to acquire privately-held Snow Time, Inc. (“Snow Time”) for $76 million in total consideration. Snow Time owns and operates three ski resorts in Pennsylvania: Liberty Mountain Re...
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