NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against KinderCare Learning Companies, Inc. (“KinderCare” or the “Company”) (NYSE: KLC) on behalf of KinderCare stockholders. Our investigation concerns whether KinderCare has violated the federal securities laws and/or engaged in other unlawful business practices.
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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, KinderCare's stock price fell $3.92 per share, or 22.17%, to close at $13.76 per share on March 21, 2025.
If you purchased or otherwise acquired KinderCare shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
