2 months ago
On August 13, KinderCare Learning Companies (NASDAQ:KLC) reported second-quarter results that captured the company in the middle of major surgery on itself. Revenue slipped 0.4% to $697.5 million, and the company swung to a net loss of $8.8 million from net income of $38.6 million a year earlier. Behind those numbers sits a deliberate choice: management is closing dozens of underperforming centers even as the core business absorbs the hit.
The clearest bright spot is Champions, KinderCare's before- and after-school program, where revenue climbed 13.4% to $59.4 million on 85 net new sites added over the past year, marking four straight quarters of double-digit growth for the segment. KinderCare for Employers added new corporate partners during the quarter, including a stretch providing 24-hour childcare for Dallas public safety workers during the World Cup, and management is leaning further into tuition benefit programs as employers look for ways to support working parents.
The center closures are framed as addition by subtraction. Ninety percent of the locations shut so far sit in the lowest-performing fifth of the portfolio, and the 49 centers closed this quarter averaged occupancy below 37%. Management expects the full round of 80 to 85 closures to lift occupancy by roughly 1.5 percentage points once complete, while trimming annual rent by about $7 million.
Meanwhile, Creme School, KinderCare's premium brand, opened its first California location in Irvine and posted 26% growth in summer camp enrollment, and CEO Tom Wyatt said revenue from the Learning Adventures enrichment programs "has almost doubled from a year ago." The company also entered its 42nd state with a new center in Bentonville, Arkansas, helped along by fresh childcare funding commitments in New York, California and New Hampshire.
The headline numbers tell a rougher story. Adjusted EBITDA fell to $63.0 million from $82.4 million, and adjusted earnings per share dropped to $0.08 from $0.22, as lower occupancy ate into operating leverage. Same-center occupancy fell 2.4 percentage points to 68.6%, and enrollment in the core early childhood education business declined 4.0% year over year, a drag that a 2.6% tuition rate increase only partly offset. Same-center revenue fell $14 million, or 2%, with $11 million of that tied directly to center closures.
#million #center #management
The clearest bright spot is Champions, KinderCare's before- and after-school program, where revenue climbed 13.4% to $59.4 million on 85 net new sites added over the past year, marking four straight quarters of double-digit growth for the segment. KinderCare for Employers added new corporate partners during the quarter, including a stretch providing 24-hour childcare for Dallas public safety workers during the World Cup, and management is leaning further into tuition benefit programs as employers look for ways to support working parents.
The center closures are framed as addition by subtraction. Ninety percent of the locations shut so far sit in the lowest-performing fifth of the portfolio, and the 49 centers closed this quarter averaged occupancy below 37%. Management expects the full round of 80 to 85 closures to lift occupancy by roughly 1.5 percentage points once complete, while trimming annual rent by about $7 million.
Meanwhile, Creme School, KinderCare's premium brand, opened its first California location in Irvine and posted 26% growth in summer camp enrollment, and CEO Tom Wyatt said revenue from the Learning Adventures enrichment programs "has almost doubled from a year ago." The company also entered its 42nd state with a new center in Bentonville, Arkansas, helped along by fresh childcare funding commitments in New York, California and New Hampshire.
The headline numbers tell a rougher story. Adjusted EBITDA fell to $63.0 million from $82.4 million, and adjusted earnings per share dropped to $0.08 from $0.22, as lower occupancy ate into operating leverage. Same-center occupancy fell 2.4 percentage points to 68.6%, and enrollment in the core early childhood education business declined 4.0% year over year, a drag that a 2.6% tuition rate increase only partly offset. Same-center revenue fell $14 million, or 2%, with $11 million of that tied directly to center closures.
#million #center #management
2 months ago
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Creating and following a budget is hard for most people. But it can be particularly challenging for single parents. Between housing, groceries, childcare, transportation, and all the unexpected costs that come with raising kids, there may not be much room for error.
Plus, the burnout you experience from solo parenting might lead to bad financial decisions and neglected money management.
But a realistic budget can help you make the most of your income, prepare for surprise expenses, and make steady progress toward your financial goals. As a financial educator and former NFCC-certified credit counselor, these are my tips for managing your budget as a single parent.
The starting point for creating a budget is to pinpoint your monthly income and total monthly expenses. It's normal for both of these figures to vary, so I recommend looking for your monthly averages. If your income varies by a lot, use the most conservative figure you expect to earn.
#financial #monthly #single
Creating and following a budget is hard for most people. But it can be particularly challenging for single parents. Between housing, groceries, childcare, transportation, and all the unexpected costs that come with raising kids, there may not be much room for error.
Plus, the burnout you experience from solo parenting might lead to bad financial decisions and neglected money management.
But a realistic budget can help you make the most of your income, prepare for surprise expenses, and make steady progress toward your financial goals. As a financial educator and former NFCC-certified credit counselor, these are my tips for managing your budget as a single parent.
The starting point for creating a budget is to pinpoint your monthly income and total monthly expenses. It's normal for both of these figures to vary, so I recommend looking for your monthly averages. If your income varies by a lot, use the most conservative figure you expect to earn.
#financial #monthly #single
2 months ago
Tommy Fury has faced criticism after questioning Kim Kardashian's reported reliance on a large childcare team before acknowledging that he and Molly-Mae Hague also receive help raising their children.
The boxer discussed Kardashian's household with his father, John Fury, on the BBC video podcast What the Fury?!. Their conversation began with a media claim that Kardashian has "10 nannies and mannies" helping care for the four children she shares with Kanye West.
John argued that people who cannot look after their children themselves should not have them, while Tommy questioned parents who leave their children with childcare staff throughout the day.
Tommy then acknowledged that he and Hague have help with their three-year-old daughter Bambi and infant son Midas.
During the BBC discussion, Tommy read out a claim stating that Kardashian had "10 nannies and mannies raising Kim Kardashian's kids." "If you can't look after these kids yourself, don't have them," John responded.
#children #hague
The boxer discussed Kardashian's household with his father, John Fury, on the BBC video podcast What the Fury?!. Their conversation began with a media claim that Kardashian has "10 nannies and mannies" helping care for the four children she shares with Kanye West.
John argued that people who cannot look after their children themselves should not have them, while Tommy questioned parents who leave their children with childcare staff throughout the day.
Tommy then acknowledged that he and Hague have help with their three-year-old daughter Bambi and infant son Midas.
During the BBC discussion, Tommy read out a claim stating that Kardashian had "10 nannies and mannies raising Kim Kardashian's kids." "If you can't look after these kids yourself, don't have them," John responded.
#children #hague
2 months ago
Former Teen Mom: Young + Pregnant cast member Rachel Beaver says she exchanged private messages with Lil Wayne while attempting to arrange an in-person meeting with the rapper.
Screenshots published by entertainment outlets appear to show discussions about flights, childcare and scheduling the proposed visit around Beaver's birthday. The plans never progressed beyond the messages, and the two did not meet.
The Ashley's Reality Roundup first published Beaver's account on June 3rd. TMZ revisited the story approximately two months later and released additional details from the alleged exchange.
The Ashley said it reviewed videos showing that the initial direct messages came from Wayne's official Instagram account. Wayne has not publicly confirmed that he participated in the subsequent text conversations.
Beaver told TMZ that she contacted Wayne after people watching one of her TikTok livestreams encouraged her to message him. Her opening message referenced former Teen Mom 2 star Jenelle Evans, who previously claimed that Wayne had flown her to Los Angeles.
#wayne #former #published #young
Screenshots published by entertainment outlets appear to show discussions about flights, childcare and scheduling the proposed visit around Beaver's birthday. The plans never progressed beyond the messages, and the two did not meet.
The Ashley's Reality Roundup first published Beaver's account on June 3rd. TMZ revisited the story approximately two months later and released additional details from the alleged exchange.
The Ashley said it reviewed videos showing that the initial direct messages came from Wayne's official Instagram account. Wayne has not publicly confirmed that he participated in the subsequent text conversations.
Beaver told TMZ that she contacted Wayne after people watching one of her TikTok livestreams encouraged her to message him. Her opening message referenced former Teen Mom 2 star Jenelle Evans, who previously claimed that Wayne had flown her to Los Angeles.
#wayne #former #published #young
3 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
A couple, 37 and 39, spent three rounds of IVF over two years before a successful pregnancy, financing each round on credit cards and a fertility specific loan when insurance covered almost none of it. The balance now sits at $52,000, and with a baby due in four months, they're trying to figure out how to pay it down before childcare costs stack on top of it.
Fertility treatment coverage varies enormously by state and employer, and only a limited number of states currently mandate any insurance coverage for IVF specifically. Most couples paying out of pocket are covering costs that can run $15,000 to $20,000 per round once medications, monitoring, and the procedure itself are included.
Don't Miss:
1.5M+ Users. $29M Raised. Shares Still at $0.79 — Learn How to Invest Before the Deadline
#coverage #benzinga #miss #users
A couple, 37 and 39, spent three rounds of IVF over two years before a successful pregnancy, financing each round on credit cards and a fertility specific loan when insurance covered almost none of it. The balance now sits at $52,000, and with a baby due in four months, they're trying to figure out how to pay it down before childcare costs stack on top of it.
Fertility treatment coverage varies enormously by state and employer, and only a limited number of states currently mandate any insurance coverage for IVF specifically. Most couples paying out of pocket are covering costs that can run $15,000 to $20,000 per round once medications, monitoring, and the procedure itself are included.
Don't Miss:
1.5M+ Users. $29M Raised. Shares Still at $0.79 — Learn How to Invest Before the Deadline
#coverage #benzinga #miss #users
3 months ago
By Kanishka Singh
WASHINGTON, July 20 (Reuters) - Civil rights groups said they filed a lawsuit against President Donald Trump's administration on Monday over the government's attempt to restrict federal childcare and family ******* istance funding.
The American Civil Liberties Union, the National Women's Law Center and the National Center for Law and Economic Justice said in the lawsuit against the federal Department of Health and Human Services (HHS) that they sought correspondence between federal officials and pro-Trump right-wing online influencer Nick Shirley.
A viral video by Shirley in late 2025 was publicly amplified and credited by senior administration officials as the basis for the attempted funding restrictions.
The video alleged some childcare centers in Minnesota were fraudulent. News reports subsequently said the claims were misleading and exaggerated.
#administration #childcare
WASHINGTON, July 20 (Reuters) - Civil rights groups said they filed a lawsuit against President Donald Trump's administration on Monday over the government's attempt to restrict federal childcare and family ******* istance funding.
The American Civil Liberties Union, the National Women's Law Center and the National Center for Law and Economic Justice said in the lawsuit against the federal Department of Health and Human Services (HHS) that they sought correspondence between federal officials and pro-Trump right-wing online influencer Nick Shirley.
A viral video by Shirley in late 2025 was publicly amplified and credited by senior administration officials as the basis for the attempted funding restrictions.
The video alleged some childcare centers in Minnesota were fraudulent. News reports subsequently said the claims were misleading and exaggerated.
#administration #childcare
3 months ago
A California couple is suing a luxury country club daycare center after they say their 23-month-old son suffered a traumatic brain injury when an employee swung him through her legs, tossed him several feet into the air and failed to catch him, according to a lawsuit.
Matthew Kittle, Elena Kittle and their minor son, identified in the complaint only as C.K., filed the lawsuit against The Bay Clubs Company, LLC in Los Angeles County Superior Court.
The lawsuit paints a disturbing picture of what the Kittle family says happened March 17, inside The Clubhouse at Bay Club El Segundo, a 14,000-square-foot childcare center advertised as a place for children to participate in supervised play and organized activities.
Family Of Toddler Found Alive In Morgue After Being Declared Dead Plans Legal Action
Surveillance video, provided to Fox News Digital by Rosen Saba, LLP, captured the heart-stopping moment a toddler was thrown into the air by a worker, crashing to the ground just before the adult fell on top of the child.
Matthew Kittle, Elena Kittle and their minor son, identified in the complaint only as C.K., filed the lawsuit against The Bay Clubs Company, LLC in Los Angeles County Superior Court.
The lawsuit paints a disturbing picture of what the Kittle family says happened March 17, inside The Clubhouse at Bay Club El Segundo, a 14,000-square-foot childcare center advertised as a place for children to participate in supervised play and organized activities.
Family Of Toddler Found Alive In Morgue After Being Declared Dead Plans Legal Action
Surveillance video, provided to Fox News Digital by Rosen Saba, LLP, captured the heart-stopping moment a toddler was thrown into the air by a worker, crashing to the ground just before the adult fell on top of the child.
3 months ago
A California family is suing a fitness club after video appeared to show a childcare worker throwing and dropping their son. According to the lawsuit, the toddler suffered a traumatic brain injury and vision issues as a result. The Bay Club gym facility tells NBC News that it will not comment while the investigation is ongoing, but that the safety of members is its "highest priority."
4 months ago
The International Cricket Council (ICC) has introduced comprehensive Return to Play Post-Pregnancy Guidelines aimed at helping female cricketers safely resume their careers after childbirth. The framework is intended to support players, national boards, coaches and medical teams as more women balance elite cricket with motherhood.
As women’s cricket continues its rapid professional growth and offers longer-term career opportunities, an increasing number of players are opting to start families while remaining active in the sport. Recognising this shift, the ICC has developed the guidelines as part of its wider focus on player welfare and the advancement of the women’s game.
Player health and wellbeing remain key priorities within the ICC’s strategy for women’s cricket. The governing body has also expanded its women’s health initiatives through its 100% Cricket movement, which seeks to improve education, encourage awareness and promote open discussions around health-related topics in cricketing environments.
The newly launched guidelines are designed to ***** ist Member Boards in creating their own pregnancy and return-to-play policies that align with local laws while prioritising player welfare. They provide practical recommendations covering both physical and mental aspects of recovery and reintegration into the sport.
Central to the framework is a six-stage model known as the "6 Rs" — Ready, Review, Restore, Recondition, Return and Refine. The process covers the period immediately after childbirth, medical ***** sments, wellbeing reviews, progressive training plans, cricket-specific preparation, a return to competition and ongoing monitoring once players re-enter the professional setup.
For more info:
The project was led by ICC Medical Advisory Committee member and Australia team doctor Dr. Philippa Inge. The guidelines also highlight practical support measures such as flexible training arrangements, continued access to facilities and services, childcare considerations, dedicated ***** es for feeding or caring for infants at venues, and travel ***** istance where possible.
Dr. Inge said the initiative was designed to reassure players that motherhood does not have to signal the end of a cricket career. She explained that the framework gives Member Boards a flexible template that can be adapted to different environments while ensuring support is tailored to the individual needs of each athlete and her family.
West Indies spinner Afy Fletcher, who returned to international cricket after giving birth to her son in 2021 and is currently playing at the ICC Women’s World Cup 2026, welcomed the move. Fletcher said the guidelines would help more women pursue both family life and professional cricket, describing it as one of the most significant steps taken for the women’s game.
Reflecting on her own experience, Fletcher acknowledged that the physical recovery process was demanding, but said the emotional challenge of spending t
As women’s cricket continues its rapid professional growth and offers longer-term career opportunities, an increasing number of players are opting to start families while remaining active in the sport. Recognising this shift, the ICC has developed the guidelines as part of its wider focus on player welfare and the advancement of the women’s game.
Player health and wellbeing remain key priorities within the ICC’s strategy for women’s cricket. The governing body has also expanded its women’s health initiatives through its 100% Cricket movement, which seeks to improve education, encourage awareness and promote open discussions around health-related topics in cricketing environments.
The newly launched guidelines are designed to ***** ist Member Boards in creating their own pregnancy and return-to-play policies that align with local laws while prioritising player welfare. They provide practical recommendations covering both physical and mental aspects of recovery and reintegration into the sport.
Central to the framework is a six-stage model known as the "6 Rs" — Ready, Review, Restore, Recondition, Return and Refine. The process covers the period immediately after childbirth, medical ***** sments, wellbeing reviews, progressive training plans, cricket-specific preparation, a return to competition and ongoing monitoring once players re-enter the professional setup.
For more info:
The project was led by ICC Medical Advisory Committee member and Australia team doctor Dr. Philippa Inge. The guidelines also highlight practical support measures such as flexible training arrangements, continued access to facilities and services, childcare considerations, dedicated ***** es for feeding or caring for infants at venues, and travel ***** istance where possible.
Dr. Inge said the initiative was designed to reassure players that motherhood does not have to signal the end of a cricket career. She explained that the framework gives Member Boards a flexible template that can be adapted to different environments while ensuring support is tailored to the individual needs of each athlete and her family.
West Indies spinner Afy Fletcher, who returned to international cricket after giving birth to her son in 2021 and is currently playing at the ICC Women’s World Cup 2026, welcomed the move. Fletcher said the guidelines would help more women pursue both family life and professional cricket, describing it as one of the most significant steps taken for the women’s game.
Reflecting on her own experience, Fletcher acknowledged that the physical recovery process was demanding, but said the emotional challenge of spending t
