Preston Grasty
On June 5, 2025, Preston Grasty notified KinderCare Learning Companies, Inc. (the “Company”) that he would be resigning from the Company’s Board of Directors (the “Board”), effective immediately.
Highest-materiality recent filing
KinderCare stockholders elect directors, ratify auditor, approve say-on-pay
Class II directors Michael Nuzzo and Tom Wyatt and Class I director Jean Desravines elected with 99.7%+ of votes cast.
Kindercare Q1 revenue $672.5M, net loss $289.8M, raises full-year outlook
Revenue of $672.5M; loss from operations of $272.1M.
KinderCare Q4 2025 revenue $688.1M; net loss $177.2M; FY2026 guidance issued
Revenue of $688.1M for 14-week Q4 2025 (vs 13-week prior year period).
KinderCare adopts Short Term Incentive Plan for fiscal 2026 cash bonuses
Plan effective Jan 4, 2026; administered by Compensation Committee.
Tom Wyatt returns as CEO of KinderCare effective Dec. 2, 2025; Paul Thompson steps down
Wyatt, previously CEO from 2012-2024 and current Board Chair, resumes CEO role and remains Chair.
KinderCare Q3 revenue $676.8M, net income $4.6M, EPS $0.04; full-year outlook updated
Revenue of $676.8M, income from operations $26.3M for Q3 ended Sep 27, 2025.
KinderCare promotes Lindsay Sorhondo to COO effective Nov 11, 2025
Sorhondo was Chief Innovation Officer since Feb 2023; now EVP & COO overseeing strategy, operations, growth, marketing, IT.
KinderCare to hold annual say-on-pay votes after stockholder vote
Stockholders cast highest number of advisory votes for annual say-on-pay frequency at June 5, 2025 meeting.
KinderCare Q2 2025 revenue $700.1M, net income $38.6M, EPS $0.33; refines FY guidance
Revenue of $700.1M, income from operations $68.7M, net income $38.6M, diluted EPS $0.33.
KinderCare reprices first lien term loans to SOFR+2.75% and revolver to SOFR+2.00-2.50%
First Lien Term Loan Facility now bears Term SOFR plus 2.75% per annum effective July 1, 2025.
Director Preston Grasty resigns; shareholders elect two Class I directors and approve say-on-pay
Director Preston Grasty resigned effective June 5, 2025; no disagreement with the company.
KinderCare Q1 revenue $668.2M, net income $21.2M, diluted EPS $0.18
Revenue of $668.2M; income from operations $48.8M; net income $21.2M; diluted EPS $0.18.
KinderCare Q4 2024 net loss $133.6M on $647M revenue; IPO used to repay debt
Revenue of $647.0M; net loss of $133.6M ($1.17 diluted EPS loss).
KinderCare amends credit facility, increases revolving commitments by $22.5M to $262.5M total
Increased revolving extended commitments by $22.5M from a new lender; reclassified $5M from non-extended to extended.
KinderCare Q3 revenue $671.5M, net income $14.0M, diluted EPS $0.15
Revenue $671.5M, income from operations $54.4M, net income $14.0M.
Repaid approx $608M of first lien term loans using IPO net proceeds on October 30, 2024.
KinderCare prices IPO at $24/sh; underwriters exercise over-allotment for 3.6M additional shares
IPO of 30M shares priced at $24.00 per share; overallotment of 3.6M shares fully exercised on Oct 10, closed Oct 15.
On June 5, 2025, Preston Grasty notified KinderCare Learning Companies, Inc. (the “Company”) that he would be resigning from the Company’s Board of Directors (the “Board”), effective immediately.
Max materiality 0.75 · Median 0.60 · Most common event earnings