KinderCare Learning reports Q2 adjusted EPS 22c, consensus 26c

Reports Q2 revenue $700.1M, consensus $705.74M. “Our second quarter financial results reflect continued revenue growth and the resilience of our business, even as enrollment trends turned softer than anticipated late in the quarter,” said Paul Thompson, KinderCare’s Chief Executive Officer. “Despite our second quarter occupancy being similar to pre-pandemic levels at 71%, we are intently focused on initiatives to improve occupancy. Our investments into digital tools and focused engagement are addressing market specific needs within our footprint while building value for our brands within communities.”