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KinderCare Learning Companies (NYSE: KLC) has opened applications for its 2025-2026 Kids Scholarship Fund, offering support to alumni from KinderCare Learning Centers, Champions before- and after-school programs, and The Crème de la Crème School. Up to 20 scholarships of $5,000 each will be awarded to students pursuing higher education at accredited two- or four-year colleges.
The scholarship program, launched in 2019, has supported over 100 students to date. Applications are open through March 3, 2025, with recipients to be notified in June 2025. Previous scholarship recipients are eligible to reapply as the program is renewable.
KinderCare Learning Companies (NYSE: KLC), America's leading private early childhood education provider, has announced its participation in Morgan Stanley's Global Consumer & Retail Conference. CEO Paul Thompson and CFO Tony Amandi will engage in a fireside chat on December 3 in New York at 2:15pm ET. The presentation will be available via live webcast on KinderCare's investor relations website, with a replay accessible for 180 days. The company will also release its latest Investor Presentation before the conference on the same platform. Management will be available for one-on-one and small group meetings during the event.
KinderCare Learning Companies (NYSE: KLC) reported its Q3 2024 financial results, showing revenue growth of 7.5% to $671.5 million. The company posted income from operations of $54.4 million and net income of $14.0 million. Key highlights include completion of its IPO, raising $616.2 million through the sale of 27.6 million shares. Revenue from early childhood education centers increased 6.9%, driven by higher tuition rates (6%) and increased enrollment (1%). The company operates 1,573 early childhood education centers and 1,018 before- and after-school sites. Adjusted EBITDA grew 25.1% to $71.4 million.
KinderCare Learning Companies, the largest private provider of early childhood education in the US by center capacity, has announced it will release its third quarter 2024 financial results after market close on November 20, 2024. Management will host a conference call at 5:00 pm ET on the same day to discuss the results. The call will be available via webcast on the company's investor relations website, with a replay option available afterward. Interested parties can also join by phone using the provided toll-free and toll numbers.
KinderCare Learning Companies, the largest private provider of high-quality early childhood education in the US by center capacity, celebrated its first day of trading on the New York Stock Exchange under the ticker symbol 'KLC'. CEO Paul Thompson and senior leaders were present for this milestone event.
Thompson emphasized the company's commitment to addressing the growing need for child care among working families across the country. He stated that going public will enable KinderCare to expand its high-quality early childhood education and care services to more families and communities.
The CEO reaffirmed the company's core purpose: 'to build confidence in kids, families, and the future we share.' This public listing marks a significant step in KinderCare's journey to meet the increasing demand for quality child care services in the United States.
KinderCare Learning Companies, the largest private provider of early childhood education in the US by center capacity, has announced the pricing of its initial public offering (IPO). The company is offering 24,000,000 shares of common stock at $24.00 per share. Underwriters have a 30-day option to purchase up to 3,600,000 additional shares. KinderCare's stock is expected to begin trading on the New York Stock Exchange on October 9, 2024, under the symbol "KLC". The offering is set to close on October 10, 2024, subject to customary conditions.
KinderCare plans to use the net proceeds to repay existing debt and cover expenses. The IPO is led by Goldman Sachs & Co. , Morgan Stanley, Barclays, and J.P. Morgan as lead bookrunning managers, with several other firms acting as joint book-runners and co-managers.
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