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Did KinderCare (KLC) Mislead IPO Investors? Lawsuit Alleges Company Concealed History of Child Safety Failures– Hagens Berman
GlobeNewswire News Room· 2025-09-04 15:28
SAN FRANCISCO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- A new securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. (NYSE: KLC) and its executives, alleging the company misled investors during its October 2024 Initial Public Offering (IPO). The lawsuit, styled Gollapalli v. KinderCare Learning Companies, Inc., et al., seeks to represent investors who purchased KLC common stock in or traceable to the company’s IPO. The lawsuit claims that KinderCare’s IPO documents painted a fa ...
KinderCare (KLC) Faces Investor Lawsuit Over IPO After Allegations of Child Neglect Surface – Hagens Berman
GlobeNewswire News Room· 2025-08-29 15:48
SAN FRANCISCO, Aug. 29, 2025 (GLOBE NEWSWIRE) -- A new securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. (NYSE: KLC) and its executives, alleging the company misled investors during its October 2024 Initial Public Offering (IPO). The lawsuit, styled Gollapalli v. KinderCare Learning Companies, Inc., et al., seeks to represent investors who purchased KLC common stock in or traceable to the company’s IPO. Hagens Berman urges KinderCare investors who suffered substantia ...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in KinderCare Learning Companies, Inc. of Class Action Lawsuit and Upcoming Deadlines - KLC
Prnewswire· 2025-08-26 02:00
NEW YORK, Aug. 25, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against KinderCare Learning Companies, Inc. ("KinderCare" or the "Company") (NYSE: KLC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether KinderCare and cert ...
Shareholders who lost money in shares of KinderCare Learning Companies, Inc. (NYSE: KLC) Should Contact Wolf Haldenstein Immediately
GlobeNewswire News Room· 2025-08-21 13:40
PLEASE CLICK HERE TO JOIN THE CASE AND SUBMIT CONTACT INFORMATION The class action lawsuit contends that the registration statement for the IPO contained false and/or misleading information. The suit further alleges a failure to disclose critical details about the quality of care at KinderCare facilities. Specifically, the lawsuit highlights the following points: Why Wolf Haldenstein Adler Freeman & Herz LLP?: NEW YORK, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP is informing ...
KinderCare Learning Companies, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - KLC
Prnewswire· 2025-08-14 08:51
Core Points - A class action lawsuit has been filed against KinderCare Learning Companies, Inc. for violations of federal securities laws [1][2] - The lawsuit claims that KinderCare made false and misleading statements regarding the quality of care provided to children, failing to meet basic care standards [2] - Shareholders who purchased shares during the class period, which began with KinderCare's IPO in October 2024, are encouraged to participate in the lawsuit [2][3] Company Details - The class period for the lawsuit is linked to KinderCare's IPO conducted in October 2024, with a deadline for participation set for October 14, 2025 [2] - The complaint alleges that KinderCare's public statements about providing "the highest quality care possible" were materially misleading [2] - The DJS Law Group, representing the plaintiffs, specializes in securities class actions and aims to enhance investor returns through advocacy [4]
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of KinderCare Learning Companies, Inc. (KLC) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
GlobeNewswire News Room· 2025-08-13 14:53
The deadline to ask the court to be appointed lead plaintiff in the case is October 14, 2025. Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized ...
KLC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against KinderCare Learning Companies, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead the KinderCare Class Action Lawsuit
GlobeNewswire News Room· 2025-08-13 00:11
Core Points - The KinderCare Learning Companies, Inc. is facing a class action lawsuit related to its October 2024 IPO, with a deadline for lead plaintiff applications set for October 14, 2025 [1][2] - The lawsuit alleges that the IPO registration statement was misleading, failing to disclose incidents of child abuse and neglect at KinderCare facilities, and that the company did not meet industry standards for child care [3][4] - Following the IPO, KinderCare's stock price has significantly declined, reaching lows near $9 per share from an initial offering price of $24 per share [4] Company Overview - KinderCare provides early education and child care services across the United States, having raised $648 million through the sale of over 27 million shares during its IPO [2][3] - The company is accused of exposing itself to undisclosed risks, including potential lawsuits and reputational damage due to inadequate care at its facilities [3] Legal Context - The class action lawsuit is being led by Robbins Geller Rudman & Dowd LLP, a law firm with a strong track record in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6] - The Private Securities Litigation Reform Act of 1995 allows investors who purchased KinderCare stock during the IPO to seek lead plaintiff status, which enables them to represent the interests of the class [5]
Kindercare Learning Companies, Inc.(KLC) - 2025 Q2 - Earnings Call Presentation
2025-08-12 21:00
Financial Performance - Revenue for the second quarter of 2025 reached $700.1 million, compared to $689.9 million in the second quarter of 2024[57] - Adjusted EBITDA for the second quarter of 2025 was $82.4 million[58], while the TTM (Trailing Twelve Months) Adjusted EBITDA reached $303.3 million[20] - Net income for the second quarter of 2025 was $38.6 million, compared to $28.5 million in the second quarter of 2024[57] - The company has tightened its FY25 guidance, projecting revenue between $2.75 billion and $2.80 billion, and adjusted EBITDA between $310 million and $320 million[36] Operational Metrics - The number of early childhood education centers increased from 1,568 in June 2024 to 1,589 in June 2025[16] - Before- and after-school sites increased from 944 in June 2024 to 1,043 in June 2025, representing a 4.8% increase[16, 23] - Same-center revenue for early childhood education increased by 1% from $632.3 million to $637.7 million[16, 28] - Average weekly ECE FTEs (Full Time Enrollments) decreased slightly from 151,117 in June 2024 to 149,010 in June 2025[16] Strategic Initiatives and Market Factors - Champions expanded into 5 new districts during Q2, and Champ Camp expanded into 13 new districts, with overall growth of 99 sites in the past 12 months[13] - The new section 45F tax provision increases the annual maximum child care credit for employers from $150,000 to $500,000, and for eligible small businesses, this limit is further increased to $600,000[43] - The company's leverage ratio is 2.7x, with net debt of $807.4 million against a TTM Adjusted EBITDA of $303.3 million[31]
Here's What Key Metrics Tell Us About Bright Horizons (BFAM) Q2 Earnings
ZACKS· 2025-08-01 00:01
Here is how Bright Horizons performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: View all Key Company Metrics for Bright Horizons here>>> Shares of Bright Horizons have returned -6.1% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Bright Horizons Family Solutions (BFAM) reported $731.57 millio ...
Bright Horizons Family Solutions(BFAM) - 2025 Q2 - Earnings Call Transcript
2025-07-31 22:00
Financial Data and Key Metrics Changes - Revenue increased by 9% to $732 million, with adjusted EPS growing by 22% to $1.70, both exceeding expectations [5][15] - Adjusted operating income rose by 25% to $86 million, with operating margins up 150 basis points to 11.8% [15] - Adjusted EBITDA increased by 13% to $116 million, representing an adjusted EBITDA margin of 16% [15] Business Line Data and Key Metrics Changes - Full service segment revenue was $540 million, up 7%, driven by enrollment growth, tuition increases, and new center openings [5][15] - Backup Care revenue grew by 19% to $163 million, reflecting strong client engagement and demand [9][18] - Education Advisory segment revenue increased by 8% to $29 million, with solid participant growth [10][18] Market Data and Key Metrics Changes - In the UK, operational and financial momentum continued, with solid growth in both enrollment and margins [7][9] - Average occupancy in centers increased to the high 60% range, with improvements noted in underperforming centers [6][17] Company Strategy and Development Direction - The company is focused on its "One Bright Horizon" strategy to expand offerings and deepen employer engagement [11][12] - Continued investments in staffing, technology, and programming are aimed at improving efficiency and experience across centers [8][9] - The company is exploring the benefits of the updated 45F program, which emphasizes employer-supported childcare [28][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued low single-digit enrollment growth and highlighted the importance of enhancing the enrollment process [7][32] - The company raised its full-year revenue guidance to a range of $2.9 billion to $2.92 billion, reflecting an 8% to 9% growth expectation [14][20] - Management noted that the UK segment is on track to break even by the end of the year, supported by improved demand and government funding [66] Other Important Information - The company opened five new centers and closed eight, resulting in a net decrease of three centers for the quarter [63] - Cash generated from operations was $134 million, with $41 million used for stock repurchases [19] Q&A Session Summary Question: Margin expectations by segment for the full year - Management expects backup care margins to be in the range of 25% to 30%, with full service margins expanding by approximately 125 basis points [24][26] Question: Insights on the 45F program - The updated 45F program could significantly benefit existing accounts, although new client demand may not see immediate stimulation [28][29] Question: Enrollment growth specifics - Management anticipates low single-digit growth, around 2%, for the remainder of the year, with strong marketing efforts in place [31][32] Question: Sales cycle dynamics - The company is enhancing the inquiry-to-enrollment process through technology and personalized support [37][38] Question: M&A pipeline status - The company has been less active in M&A, focusing on high-quality programs in strategic locations, with a current imbalance between seller expectations and fair pricing [56][58] Question: UK segment performance - The UK segment is on track to break even, with improved operating execution and demand supported by expanded government funding [66] Question: Backup care growth and client behavior - Growth in backup care is driven by increased user engagement rather than changes in program design, with extended booking windows for summer care [47][48]