Workflow
KLC Investigation: Kessler Topaz Meltzer & Check, LLP Encourages KinderCare Learning Companies, Inc. (NYSE: KLC) Investors with Significant Losses to Contact the Firm
KLCKindercare Learning Companies, Inc.(KLC) Prnewswire·2025-04-12 14:25

Group 1 - The law firm Kessler Topaz Meltzer & Check, LLP is investigating potential violations of federal securities laws on behalf of investors of KinderCare Learning Companies, Inc. [1] - KinderCare conducted its IPO on October 9, 2024, selling 24 million shares at 24.00pershare[2].−Forthefourthquarterof2024,KinderCarereportedanoperationallossof24.00 per share [2]. - For the fourth quarter of 2024, KinderCare reported an operational loss of 89.3 million, a significant decline from an operational income of 48.7millioninthepreviousyear,attributedtoincreasedequity−basedcompensationexpensesandlowerCOVID−19stimulusreimbursements[2].−KinderCare′sfull−yearguidancefor2025fellshortofconsensusestimates[2].Group2−Followingtheannouncementofitsfinancialresults,KinderCare′sstockpricedroppedby48.7 million in the previous year, attributed to increased equity-based compensation expenses and lower COVID-19 stimulus reimbursements [2]. - KinderCare's full-year guidance for 2025 fell short of consensus estimates [2]. Group 2 - Following the announcement of its financial results, KinderCare's stock price dropped by 3.92 per share, or 22.17%, closing at $13.76 per share on March 21, 2025 [3].