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Franklin Covey Co - FC STOCK NEWS

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Overview of Franklin Covey Co

Franklin Covey Co (FC) is a global firm dedicated to performance improvement and organizational effectiveness. Recognized for its comprehensive approach, the company offers training and consulting services that drive tangible changes in human behavior within organizations. By focusing on key areas such as leadership, execution, productivity, trust, sales performance, customer loyalty, and education, Franklin Covey has established itself as a resource for institutions aiming to elevate their operational performance.

Core Business and Services

The company specializes in designing and delivering practical training programs that enhance individual and organizational capabilities. Its service offerings include:

  • Leadership Development: Programs to cultivate leadership skills at every level, emphasizing critical decision-making and strategic vision.
  • Execution Management: Techniques and tools to effectively implement strategies even amid daily operational challenges.
  • Productivity Enhancement: Training in decision-making, attention management, and energy optimization to boost individual and collective productivity.
  • Trust Building: Methods to foster and sustain trust within teams to reduce operational costs and accelerate results.
  • Sales Performance: Strategies that transform the buyer-seller relationship, improving customer engagement and revenue generation through consultative sales processes.
  • Customer Loyalty: Approaches to creating lasting relationships with customers, ensuring each interaction reinforces their commitment to the brand.
  • Educational Improvement: Services designed to empower educators and students, turning every student into a future leader.

Business Model and Global Operations

Franklin Covey Co operates through multiple business segments that include direct operations in major markets, a dedicated education practice, and an international licensing network. Its revenue generation stems primarily from delivering tailored training sessions, consulting engagements, and through the sale of proprietary content such as books and audio media. This diversified approach enables the company to serve a wide array of clients—from multinational corporations to educational institutions—across both the United States and international markets.

Market Position and Competitive Landscape

Franklin Covey holds a distinct position in the competitive landscape, driven by its methodical approach to change management and performance improvement. The company distinguishes itself by integrating traditional training methodologies with modern, evidence-based practices, ensuring relevance in a dynamic business environment. While it operates alongside other professional development and consulting entities, Franklin Covey is noted for its unique blend of consulting rigor and accessible training programs that deliver measurable results.

Operational Philosophy and Value Proposition

At its core, the company is committed to enabling greatness in both individuals and organizations. By focusing on human behavior as the catalyst for change, Franklin Covey provides structured frameworks and actionable insights that empower clients to excel in leadership, strategic execution, and customer engagement. This philosophy is not only central to its service offerings but also informs its strategic approach to training and development.

E-E-A-T and Industry Expertise

Franklin Covey Co's emphasis on deep expertise and rigorous instructional design reinforces its trustworthiness and authority in the industry. The company's use of systematic frameworks and proven methodologies supports its claims, making its services a reliable resource for organizations seeking long-term improvement. The clear, analytical language used in its content and training modules underscores a commitment to evidence-based practices and a deep understanding of organizational dynamics.

Understanding the Impact

The comprehensive training and consulting modules provided by Franklin Covey are designed not only to enhance organizational efficiency but also to foster a culture of continuous improvement. Its methodical approach ensures that organizations can implement change effectively, whether dealing with leadership challenges or operational inefficiencies. The company’s emphasis on behavior change as a cornerstone for performance improvement confirms its role as a pivotal contributor to organizational success in various industries.

Rhea-AI Summary
FranklinCovey (NYSE: FC) has been selected for the 14th time to Training Industry's 2024 Top 20 Leadership Training Companies List. The company is known for its transformative leadership approach that helps organizations build exceptional leaders, teams, and cultures.
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Franklin Covey Co. (FC) reports $61.3 million in revenue for Q2 2024, with strong subscription sales and a record $227.3 million in the rolling four quarters. Operating cash flows increase to $30.2 million. Adjusted EBITDA expected at $54.5 million. The company's liquidity stands at over $103 million.
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Franklin Covey Co. (NYSE: FC) will hold a conference call on March 27, 2024, to discuss its second-quarter fiscal 2024 financial results. The call will take place at 5:00 p.m. ET (3:00 p.m. MT), with financial results released after the market closes. Interested parties can join via webcast or telephone registration.
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FranklinCovey (FC) launches a new module, Navigating Difficult Conversations: Turn Tension Into Progress™, aimed at helping leaders and employees manage emotional tension in challenging conversations. The module provides mindset, skillset, and toolset to address uncomfortable issues and emotional reactions, fostering better communication and collaboration within teams and organizations.
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FranklinCovey (NYSE: FC) introduces a groundbreaking sales training solution, Helping Clients Succeed®: Strikingly Different Selling, incorporating cutting-edge technology to revolutionize industry standards.
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Franklin Covey Co. (NYSE: FC) has announced the release of an updated edition of Project Management for the Unofficial Project Manager, a bestselling book based on content from one of FranklinCovey’s most popular courses. The book blends the best practices of Agile and Waterfall project management and educates 'unofficial project managers' on how to lead and manage projects successfully. It is available at book retailers everywhere and is published by BenBella Books.
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Franklin Covey Co. (NYSE: FC) reported consolidated sales of $68.4 million for the first quarter of fiscal 2024, with subscription and subscription services sales totaling $54.8 million. The company's cash flows from operating activities increased to $17.4 million from $3.0 million in the prior year's first quarter. The company also purchased 408,596 shares of its common stock for $16.3 million during the first quarter of fiscal 2024, with liquidity remaining strong at over $96 million. The company affirms earnings guidance for fiscal 2024.
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Franklin Covey Co. (NYSE: FC) will hold a conference call to review its first quarter fiscal 2024 financial results on Thursday, January 4, 2024, at 5:00 p.m. ET (3:00 p.m. MT). The financial results are expected to be released after the market close on the same day. Interested individuals can access a live webcast or participate via telephone by registering. A replay of the conference call webcast will be available on the company's website for at least 30 days.
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FranklinCovey has launched two new courses, Leading at the Speed of Trust® and Working at the Speed of Trust®, to help leaders and individual contributors build high-trust teams and organizational cultures. The courses address issues such as remote work, lack of communication, and low trust between team members. Trust is shown to increase organizational performance, with employees being more likely to stay and colleagues experiencing more joy in high-trust groups. The courses provide participants with the skills to create a high-trust culture and measure the impact of trust on productivity and costs.
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Franklin Covey Co. (NYSE: FC) announced its financial results for fiscal year 2023, reporting a 7% increase in consolidated sales to a record $280.5 million compared to $262.8 million in fiscal 2022. The Education Division saw a 13% growth in revenues, while the sum of billed and unbilled deferred subscription revenue increased by 22% to $186.4 million. Pre-tax income for fiscal 2023 increased by 17% to $25.9 million, and adjusted EBITDA increased by 14% to $48.1 million. The company also purchased 885,500 shares of its common stock for $35.6 million during the fiscal year.
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FAQ

What is the current stock price of Franklin Covey Co (FC)?

The current stock price of Franklin Covey Co (FC) is $28 as of April 1, 2025.

What is the market cap of Franklin Covey Co (FC)?

The market cap of Franklin Covey Co (FC) is approximately 370.8M.

What is the core focus of Franklin Covey Co?

Franklin Covey Co focuses on performance improvement by providing training and consulting services that drive behavioral change in organizations.

Which key areas does Franklin Covey specialize in?

The company specializes in leadership development, execution management, productivity enhancement, trust building, sales performance, customer loyalty, and educational improvement.

How does Franklin Covey generate revenue?

Revenue is generated through direct training sessions, consulting engagements, and the sale of related products such as books and audio media.

What markets does Franklin Covey operate in?

Franklin Covey operates globally, with a significant presence in both the United States and international markets through direct offices, education practices, and licensing networks.

How does Franklin Covey differentiate itself from competitors?

The company differentiates itself with its integrated approach that combines time-tested training techniques with modern, evidence-based strategies aimed at measurable organizational change.

What types of organizations use Franklin Covey's services?

Its services benefit a wide range of organizations, including multinational corporations, educational institutions, and various businesses seeking to improve leadership, execution, and overall productivity.

What is the significance of trust in Franklin Covey's service model?

Trust is essential to the company's methodology; it is used to reduce operational costs and speed up results by fostering stronger internal relationships and efficient decision-making processes.

What kind of training formats does Franklin Covey provide?

Franklin Covey offers both in-person workshops and online training solutions, enabling flexible learning environments suited for diverse organizational needs.
Franklin Covey Co

NYSE:FC

FC Rankings

FC Stock Data

370.80M
11.15M
15.36%
76.38%
3.81%
Education & Training Services
Services-management Services
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United States
SALT LAKE CITY