Close X
Friday, November 29, 2024
ADVT 
National

Whistler Blackcomb Sees Decline In Ski Visits Amid Poor Weather, Q2 Profit Down

Darpan News Desk The Canadian Press, 08 May, 2015 01:30 PM
    WHISTLER, B.C. — Whistler Blackcomb Holdings Inc. (TSX:WB) says skier visits were down 9.3 per cent during the past winter season, partly because of unusually warm and wet weather and below-average snowfall.
     
    The B.C.-based resort operator says it was able to offset some of the negative financial impact of the poor conditions through higher pricing and guest spending at its retail, rental and snow school businesses.
     
    Average revenue per visit was up 12.7 per cent, to $119.38 from $105.88 a year earlier, but total revenue for the three months ending March 31 was down 1.4 per cent to $136.8 million, from $138.8 million.
     
    Still, Whistler Blackcomb's second-quarter net profit was down 10 per cent from the same time last year and adjusted earnings slipped three per cent.
     
    Net income dropped to $46.7 million from $52 million in last year's second quarter, while adjusted earnings fell to $76.1 million from $78.6 million.

    MORE National ARTICLES

    Kale? Mcdonald's Bringing Three Kale Salads To Canada

    NEW YORK — Canadian McDonald's patrons will reportedly soon see something unexpected on the menu at the struggling fast-food giant: Kale.

    Kale? Mcdonald's Bringing Three Kale Salads To Canada

    Stolen Credit Cards Used To Supply Party That Ruined Calgary Home: Police

    Stolen Credit Cards Used To Supply Party That Ruined Calgary Home: Police
    CALGARY — Police say stolen credit cards were used to buy food and booze for a party that left a Calgary home in ruins.

    Stolen Credit Cards Used To Supply Party That Ruined Calgary Home: Police

    Telus Profits From Rise Of Data Usage On Smartphones During First Quarter

    Telus Profits From Rise Of Data Usage On Smartphones During First Quarter
    VANCOUVER — Telus Corp. (TSX:T) says customers are using more data on their smartphones which helped push revenues higher in the first quarter.

    Telus Profits From Rise Of Data Usage On Smartphones During First Quarter

    More Kids, Youth Visiting Hospital ERs For Mental Health Issues: Report

    More Kids, Youth Visiting Hospital ERs For Mental Health Issues: Report
    TORONTO — A new study shows a growing number of Canadian children and youth are seeking help for mental health disorders at hospital emergency rooms and more are being admitted for in-patient treatment.

    More Kids, Youth Visiting Hospital ERs For Mental Health Issues: Report

    Rachel Notley Getting Used To Being Called Premier; First Caucus Meeting Saturday

    Rachel Notley Getting Used To Being Called Premier; First Caucus Meeting Saturday
    EDMONTON — Alberta's Rachel Notley says she's starting to get used to people calling her premier and she plans to hold her first caucus meeting on Saturday.

    Rachel Notley Getting Used To Being Called Premier; First Caucus Meeting Saturday

    Man Arrested In Nanaimo Days After Police Uncover Remains In Alberta

    Man Arrested In Nanaimo Days After Police Uncover Remains In Alberta
    Police say 30-year-old Tommy Paul was spotted by plainclothes officers on Wednesday while he was riding a bike.

    Man Arrested In Nanaimo Days After Police Uncover Remains In Alberta