KinderCare Learning Companies, Inc.

Case Overview
Status: | Status: Investigating |
Company Name: | Company Name: KinderCare Learning Companies, Inc. |
Ticker: | Ticker: KLC |
Related Attorneys: | Lead Attorneys: Thomas W. Elrod |
Related Practices: | Related Practices: Securities |
The law firm of Kirby McInerney LLP is investigating potential claims against KinderCare Learning Companies, Inc. (“KinderCare” or the “Company”) (NASDAQ:KLC). The investigation concerns whether KinderCare and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
On or around October 9, 2024, KinderCare conducted its initial public offering (“IPO”), selling 24 million shares of common stock priced at $24.00 per share.
Then, on March 20, 2025, KinderCare issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 28, 2024, and provided guidance for 2025. Among other items, KinderCare reported an operational loss of $89.3 million in the fourth quarter of 2024, contrasting with an operational income of $48.7 million in the previous year. KinderCare attributed the loss primarily to increased equity-based compensation expenses and lower COVID-19 stimulus reimbursements. KinderCare also provided full-year guidance that fell short of consensus estimates. On this news, the price of KinderCare shares declined by $3.92 per share, or approximately 22%, from $17.68 per share on March 20, 2025, to close at $13.76 on March 21, 2025.
On or around October 9, 2024, KinderCare conducted its initial public offering (“IPO”), selling 24 million shares of common stock priced at $24.00 per share.
Then, on March 20, 2025, KinderCare issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 28, 2024, and provided guidance for 2025. Among other items, KinderCare reported an operational loss of $89.3 million in the fourth quarter of 2024, contrasting with an operational income of $48.7 million in the previous year. KinderCare attributed the loss primarily to increased equity-based compensation expenses and lower COVID-19 stimulus reimbursements. KinderCare also provided full-year guidance that fell short of consensus estimates. On this news, the price of KinderCare shares declined by $3.92 per share, or approximately 22%, from $17.68 per share on March 20, 2025, to close at $13.76 on March 21, 2025.