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Vail Resorts reported a $55.7 million net loss in its fiscal first quarter ended Oct. 31, according to a quarterly earnings report filed Wednesday.
That loss is $12.7 million more than what Vail Resorts reported in the same period a year earlier. The company blamed the increase in red ink on weaker real-estate sales and losses associated with Northstar, a Tahoe resort it acquired in October 2010.
