Ryan Knutson

The company says it's working to resolve them. Now, for Vale, after years at the top of the mountain, things are sliding downhill. This season, for the first time ever, sales of the Epic Pass fell by 2%. And the company's stock has dropped by half since its peak at the end of 2021. And then, last week, one of the company's minority shareholders publicly called for big changes.

The investor also called for Vail's CEO, CFO, and executive chairman to be replaced, and its dividends to be cut by 80%. A Vail Resorts spokesperson said the company engages frequently with shareholders and values their feedback. The company attributed the decline in Epic Pass sales to a quote, post-COVID normalization and to light snowfall in some areas.

The investor also called for Vail's CEO, CFO, and executive chairman to be replaced, and its dividends to be cut by 80%. A Vail Resorts spokesperson said the company engages frequently with shareholders and values their feedback. The company attributed the decline in Epic Pass sales to a quote, post-COVID normalization and to light snowfall in some areas.

The investor also called for Vail's CEO, CFO, and executive chairman to be replaced, and its dividends to be cut by 80%. A Vail Resorts spokesperson said the company engages frequently with shareholders and values their feedback. The company attributed the decline in Epic Pass sales to a quote, post-COVID normalization and to light snowfall in some areas.

And they said the company still believes in the Epic Pass model. To turn things around, Vail has been exploring some new ideas. It's trying to get customers to spend more on ski lessons and gear rental, and it's looking to expand its footprint in Europe. It's also cutting costs and says it plans to shrink its corporate workforce by 14% over the next two years.

And they said the company still believes in the Epic Pass model. To turn things around, Vail has been exploring some new ideas. It's trying to get customers to spend more on ski lessons and gear rental, and it's looking to expand its footprint in Europe. It's also cutting costs and says it plans to shrink its corporate workforce by 14% over the next two years.

And they said the company still believes in the Epic Pass model. To turn things around, Vail has been exploring some new ideas. It's trying to get customers to spend more on ski lessons and gear rental, and it's looking to expand its footprint in Europe. It's also cutting costs and says it plans to shrink its corporate workforce by 14% over the next two years.

So what's Vail's reputation now in the ski industry and amongst skiers?

So what's Vail's reputation now in the ski industry and amongst skiers?

So what's Vail's reputation now in the ski industry and amongst skiers?

All right, Gray Day Shredder.

All right, Gray Day Shredder.

All right, Gray Day Shredder.

Thank you so much for your time.

Thank you so much for your time.

Thank you so much for your time.

That's all for today. Wednesday, February 5th. The Journal is a co-production of Spotify and The Wall Street Journal. Additional reporting in this episode by Denny Jacob. Thanks for listening. See you tomorrow.

That's all for today. Wednesday, February 5th. The Journal is a co-production of Spotify and The Wall Street Journal. Additional reporting in this episode by Denny Jacob. Thanks for listening. See you tomorrow.

That's all for today. Wednesday, February 5th. The Journal is a co-production of Spotify and The Wall Street Journal. Additional reporting in this episode by Denny Jacob. Thanks for listening. See you tomorrow.

Wednesday started as a pretty normal day at Reagan National Airport, one of the busiest airports in the nation.