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KinderCare Learning Companies, Inc.

1.81-72.7%1Y · USD

KinderCare Learning Companies, Inc. provides early childhood education and care services in the United States. It offers community-based programs for infants, toddlers, preschool, and kindergarten children, as well as customized family care benefits for organizations, including on-site or near-site child care, tuition benefits, and backup care under the KinderCare Learning Centers (KCLC) and Crème School brands. The company also provides before- and after-school programs, including summer camps for preschool and school-age children under the Champions brand. Formerly known as KC Holdco, LLC, it changed its name to KinderCare Learning Companies, Inc. in January 2022. Founded in 1969, the company is headquartered in Lake Oswego, Oregon.

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News & notes moving KLC
United States
KLC

KinderCare Board Shifts as Nuzzo Exits, Grasty Returns

KinderCare Learning Companies announced that Mike Nuzzo has resigned from its Board of Directors effective Sept. 28 due to other personal and professional time commitments. David Barse, who joined the Board on Aug. 3, replaces Nuzzo as Head of the Audit Committee. Preston Grasty, Senior Investment Leader at Partners Group, has rejoined the Board effective Sept. 29. Chairman and Chief Executive Officer Tom Wyatt thanked Nuzzo for his years of dedicated service and said he is excited to welcome Grasty back to the board. KinderCare, headquartered in Lake Oswego, Oregon, operates more than 2,700 early learning centers and sites across 42 states and the District of Columbia.
KLC · · Neutral Board reshuffle with Nuzzo resigning and Grasty rejoining; no clear operational or financial driver for the stock.
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Business Wire·2dRead more →
United States
KLC▼

KinderCare Trims Footprint as Enrollment Slips

KinderCare Learning Companies reported second-quarter results on August 13, with revenue slipping 0.4% to $697.5 million and a swing to a net loss of $8.8 million from net income of $38.6 million a year earlier, as management closes dozens of underperforming centers. The closures are part of a deliberate strategy: 90% of the 49 centers shut this quarter sit in the lowest-performing fifth of the portfolio, and the full round of 80 to 85 closures is expected to lift occupancy by roughly 1.5 percentage points and trim annual rent by about $7 million. Meanwhile, the Champions before- and after-school program saw revenue climb 13.4% to $59.4 million on 85 net new sites, marking four straight quarters of double-digit growth, and Creme School opened its first California location in Irvine with 26% growth in summer camp enrollment. However, same-center occupancy fell 2.4 percentage points to 68.6%, and core early childhood education enrollment declined 4.0% year over year, with adjusted EBITDA dropping to $63.0 million from $82.4 million. Full-year adjusted EPS guidance now sits at $0.05 to $0.15, and free cash flow is expected under $10 million, weighed down by $20 million to $25 million in lease exit payments.
KLC · Capital · Negative Q2 revenue slipped 0.4% to $697.5M, swung to an $8.8M net loss, adjusted EBITDA fell to $63.0M from $82.4M, and full-year adjusted EPS guidance was cut to $0.05-$0.15 with FCF under $10M.
KLC · Demand · Negative Same-center occupancy fell 2.4 points to 68.6% and core early childhood education enrollment declined 4.0% year over year, prompting 80-85 center closures.
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Insider Monkey·39dRead more →
United States
KLC▼4

KinderCare cuts full-year guidance after Q2 profit drop

KinderCare Learning Companies lowered its full-year guidance after second-quarter adjusted EBITDA fell to $63 million from $82 million a year earlier. Total revenue slipped to $698 million from $700 million, with same-center revenue down 2% due to lower enrollment and an $11 million impact from 49 center closures. The company now expects full-year adjusted EBITDA between $200 million and $220 million and adjusted EPS between $0.05 and $0.15, citing optimization costs and lower tuition expectations. Champions delivered 13% revenue growth, and Learning Adventures revenue nearly doubled year-over-year, but tuition contribution to revenue growth was reduced to 2.5% from 3% because of slower state subsidy reimbursement rate increases. Free cash flow is expected to be less than $10 million for the year, including $20 million to $25 million in lease exit payments.
KLC · Capital · Negative KinderCare cut full-year guidance and reported lower Q2 EBITDA and revenue.
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United States
KLC

KinderCare Learning Companies Appoints David Barse to Board of Directors

KinderCare Learning Companies has appointed David Barse to its Board of Directors, effective August 3, 2026. Barse is the Founder and Chief Investment Officer of DMB Holdings and Founder of XOUT Capital, and previously served as CEO of Third Avenue Management for 25 years. Chairman and CEO Tom Wyatt said Barse brings strategic leadership, financial expertise, and governance experience that will strengthen the board as the company executes its long-term growth strategy. Barse earned a Juris Doctor from Brooklyn Law School and a bachelor's degree from The George Washington University, and completed an Executive Education program at Stanford University Graduate School of Business. KinderCare operates more than 2,700 early learning centers and sites across 42 states and the District of Columbia.
KLC · Capital · Neutral Board appointment adds financial expertise but no direct operational impact.
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Business Wire·62dRead more →