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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of KinderCare Learning Companies, Inc. - KLC
KLCKindercare Learning Companies, Inc.(KLC) GlobeNewswire News Room·2025-05-05 18:05

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving KinderCare Learning Companies, Inc. and its officers or directors [1] Group 1: IPO and Financial Performance - KinderCare conducted its initial public offering on October 9, 2024, selling 24 million shares at 24.00pershare[3]Forthefourthquarterof2024,KinderCarereportedanoperationallossof24.00 per share [3] - For the fourth quarter of 2024, KinderCare reported an operational loss of 89.3 million, a significant decline from an operational income of 48.7millioninthepreviousyear,attributedtoincreasedequitybasedcompensationexpensesandlowerCOVID19stimulusreimbursements[4]Thecompanysfullyearguidancefor2025fellshortofconsensusestimates[4]Group2:StockPriceReactionFollowingtheannouncementofthefinancialresults,KinderCaresstockpricedroppedby48.7 million in the previous year, attributed to increased equity-based compensation expenses and lower COVID-19 stimulus reimbursements [4] - The company's full-year guidance for 2025 fell short of consensus estimates [4] Group 2: Stock Price Reaction - Following the announcement of the financial results, KinderCare's stock price dropped by 3.92 per share, or 22.17%, closing at $13.76 per share on March 21, 2025 [5]