---
schema_version: "secwatch.filing_event.v1"
accession: "0000886206-23-000011"
form_type: "8-K"
ticker: "FC"
cik: "0000886206"
company_name: "FRANKLIN COVEY CO"
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T11:37:33.336045+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Franklin Covey Q2 FY2023 sales +9% to $61.8M, EPS $0.12 (vs $0.13), affirms FY guidance

## Summary
- Consolidated sales $61.8M (+9% YoY); constant currency +11%; gross margin 76.4%.
- All Access Pass subscription sales +11% to $35.4M; billed + unbilled deferred revenue +22% to $145.8M.
- Education Division revenue +28% to $14.2M; Enterprise Division +6% to $46.6M.
- Operating income $2.8M (vs $3.5M YoY); Adjusted EBITDA $8.2M (+2% YoY); net income $1.7M (vs $1.9M).
- Board authorized $50M share buyback; new $70M credit facility closed March 27, 2023; FY2023 Adj. EBITDA guidance $47-49M.

## SEC filing metadata
- accession: 0000886206-23-000011
- form_type: 8-K
- ticker: FC
- cik: 0000886206
- company_name: FRANKLIN COVEY CO
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886206/000088620623000011/0000886206-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886206/000088620623000011/fc-20230329x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000886206-23-000011
- JSON: https://secwatch.observer/filing/0000886206-23-000011.json
- Plain text: https://secwatch.observer/filing/0000886206-23-000011.txt

## Key facts
- Earnings Releases
  FRANKLIN COVEY CO reported second quarter of fiscal 2023, which ended on February 28, 2023 results: revenue $61.8 million. Guidance reaffirmed.
  - Period: second quarter of fiscal 2023, which ended on February 28, 2023
  - Revenue: $61.8 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Lake City, Utah 84119-2331 www.franklincovey.com  FRANKLIN COVEY REPORTS STRONG FISCAL 2023 SECOND QUARTER RESULTS  Consolidated Sales Increase 9% in the Second Quarter to $61.8 Million Compared with $56.6 Million in Fiscal 2022, Sales Grow 11% for the First Half of Fiscal 2023  All Access Pass Subscription and Subscription Services Sales in the Second Quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/886206/000088620623000011/0000886206-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.