Mar. 28 at 5:34 PM
$MTN early season closures are least of their problems. Katz hired a clueless CRO from LULU of all places (cause they’ve done great recently 😂) who’s big idea is to cannabilize revenue in the Gen Z demographic by offering them a 20% discount when the buyers would have likely been buying anyway. After a bad season, instead of increasing epic AGAIN which they did, they should be implementing a loyalty discount for return epic buyers (even just
$50 might drive higher sales), but this what you get from a doofus executive team. Dividend will get cut over the summer when epic sale revenue is down 30%. CRO will get fired in fall and Katz will resign this time next year (pushed out by board).
