Kindercare Learning Companies, Inc.(KLC)

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KLC INVESTOR ALERT: KinderCare Learning Companies Investigated For Securities Fraud; Block & Leviton Encourages Investors to Contact the Firm to Recover Losses
GlobeNewswire News Room· 2025-04-03 15:49
BOSTON, April 03, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating KinderCare Learning Companies (NYSE: KLC) for potential securities law violations. Investors who have lost money in their KinderCare Learning Companies investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/klc. What is this all about? Shares of KinderCare Learning Companies fell over 12% in intraday trading on April 3, 2025, following the re ...
Why Is KinderCare Learning Companies Performing So Poorly?
Seeking Alpha· 2025-03-28 12:00
I was excited to see KinderCare Learning Companies, Inc. (NYSE: KLC ) go public with its IPO last October. I sent my kids there as preschoolers, and the family had a great experience for a reasonable cost. Unfortunately, in aDr. Duru has blogged about financial markets since the year 2000. A veteran of the dot-com bubble and bust, the financial crisis, and the coronavirus pandemic, he fully appreciates the value in trading and investing around the extremes of market behavior. In this spirit, his blog "One-T ...
Kirby McInerney LLP Announces Investigation Against KinderCare Learning Companies, Inc. (KLC) on Behalf of Investors
GlobeNewswire News Room· 2025-03-28 00:00
Core Viewpoint - KinderCare Learning Companies, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices following disappointing financial results and a significant drop in share price [1][4]. Group 1: Company Overview - KinderCare conducted its initial public offering (IPO) on October 9, 2024, selling 24 million shares at a price of $24.00 per share [3]. - The company reported an operational loss of $89.3 million for the fourth quarter of 2024, a stark contrast to an operational income of $48.7 million in the same quarter of the previous year [4]. Group 2: Financial Performance - The operational loss was attributed to increased equity-based compensation expenses and lower COVID-19 stimulus reimbursements [4]. - KinderCare's full-year guidance for 2025 fell short of consensus estimates, leading to a significant decline in share price [4]. - Following the announcement of the financial results, KinderCare shares dropped by $3.92, or approximately 22%, from $17.68 to $13.76 [4]. Group 3: Legal Investigation - The law firm Kirby McInerney LLP is investigating potential claims against KinderCare regarding possible violations of federal securities laws [1]. - The investigation may involve certain officers of KinderCare in addition to the company itself [1].
Kindercare Learning Companies, Inc.(KLC) - 2024 Q4 - Annual Report
2025-03-21 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-42367 KinderCare Learning Companies, Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of inco ...
Kindercare Learning Companies, Inc.(KLC) - 2024 Q4 - Earnings Call Transcript
2025-03-21 03:43
Financial Data and Key Metrics Changes - Total revenues grew 5% year-over-year to $2.7 billion, with adjusted EBITDA increasing by 12% to $298 million [21][34] - Adjusted EPS for the fourth quarter was $0.09, with an adjusted EBITDA margin of 10%, flat year-over-year [34][38] - Same center revenue increased by 5% to $2.4 billion, with average weekly full-time enrollments slightly up to 145,000 [21][22] Business Line Data and Key Metrics Changes - Early education centers saw a 4% revenue growth year-over-year to $593 million, with same center revenue up 3% [35] - Champions business revenue expanded by 12% in the fourth quarter, totaling $54 million, with 1,025 sites, an 8% increase from the previous year [36][20] Market Data and Key Metrics Changes - Demand for quality early childhood education in the US continues to exceed supply, presenting growth opportunities [9][10] - Occupancy rates improved by 90 basis points to 69.8%, with expectations for continued growth [22][40] Company Strategy and Development Direction - KinderCare aims to expand access to high-quality childcare through new centers and acquisitions, leveraging its scale and brand recognition [10][11] - The company is focused on enhancing its offerings to meet the needs of families and employers, including customized childcare benefits [14][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued bipartisan support for early childhood education funding, which is crucial for growth [16][62] - The outlook for 2025 includes revenue guidance of $2.75 billion to $2.85 billion, representing a 3% to 7% increase, with adjusted EBITDA expected to range from $310 million to $325 million [45][46] Other Important Information - Approximately 35% of total revenue in 2024 came from subsidy funding, with 20% from employer partnerships [26][27] - The company opened 77 new Champion sites in 2024 and plans to continue this momentum in 2025 [28] Q&A Session Summary Question: How is the first quarter trending relative to guidance? - Management indicated that the first quarter is tracking in line with annual guidance, with $4.6 million of revenue from acquisitions in Q4 [56][57] Question: What percentage of revenue is tied to US federal government funding? - Approximately 35% of revenue comes from the Child Care and Development Block Grant, with bipartisan support expected to continue [61][62] Question: What are the expectations for occupancy rates in lower quintiles? - Management noted that engagement with teachers and families is key to improving occupancy in lower-performing centers [68][69] Question: What factors could influence revenue and margin guidance? - Revenue growth will depend on occupancy rates and cost controls, with potential upside from acquisitions if market conditions remain favorable [70][74] Question: How is the B2B employer-sponsored business performing? - Occupancy rates in employer-sponsored centers are trending in the high 70s, with opportunities for further expansion [78][79] Question: What is the rationale for expecting flat occupancy in 2025? - Management emphasized the need for operational practices to gain traction before expecting significant occupancy increases [100][101] Question: Are acquisitions included in the revenue guidance? - The revenue guidance includes a 1% to 2% contribution from acquisitions, but specific volume guidance is not provided [102][103]
Kindercare Learning Companies, Inc.(KLC) - 2024 Q4 - Annual Results
2025-03-20 20:15
Fiscal Year Ended 2024 Highlights Non-GAAP financial measures Exhibit 99.1 KinderCare Reports Fourth Quarter 2024 Financial Results Lake Oswego, Ore. (March 20, 2025) – KinderCare Learning Companies, Inc. (NYSE: KLC) ("KinderCare"), a leading provider of high-quality early childhood education ("ECE"), today announced financial results for the fourth quarter and fiscal year ended December 28, 2024 and provided guidance for 2025. Fourth Quarter 2024 Highlights Non-GAAP financial measures "KinderCare ended 202 ...
KinderCare Kids Scholarship Applications Open for the 2025-2026 Academic Year
Prnewswire· 2024-12-05 14:00
Scholarship will support alumni from the KinderCare family of brands in their pursuit of a college education LAKE OSWEGO, Ore., Dec. 5, 2024 /PRNewswire/ -- KinderCare Learning Companies™ (NYSE: KLC) opened the application process for the 2025-2026 KinderCare Learning Companies Kids Scholarship Fund, available to alumni from all its brands for the upcoming academic year.The KinderCare Learning Companies' Kids Scholarship Fund was created to celebrate the accomplishments of alumni from KinderCare® Learning C ...
KinderCare: Growth Should Recover Back To High-Single-Digit
Seeking Alpha· 2024-11-29 16:36
I am positive on KinderCare Learning Companies, Inc. (NYSE: KLC ). My summarized thesis is that the business enjoys a strong secular demand tailwind as parents are increasingly focused on the educational well-being ofI'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies ...
Kindercare Learning Companies, Inc.(KLC) - 2024 Q3 - Quarterly Report
2024-11-21 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share KLC New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commi ...
Kindercare Learning Companies, Inc.(KLC) - 2024 Q3 - Quarterly Results
2024-11-20 21:15
Exhibit 99.1 KinderCare Reports Third Quarter 2024 Financial Results Portland, Ore. (November 20, 2024) – KinderCare Learning Companies, Inc. (NYSE: KLC) ("KinderCare"), the nation's largest private provider of high-quality early childhood education by center capacity, today announced financial results for the quarter ended September 28, 2024. Third Quarter 2024 Highlights • Revenue of $671.5 million • Income from operations of $54.4 million • Net Income of $14.0 million and net income per common share, dil ...