By Connor Hart

Shares of KinderCare Learning fell to an all-time low after the company cut its full-year outlook and logged lower third-quarter earnings.

The stock was down 16% to $4.19 shortly after Thursday's opening bell, on pace for its lowest closing value since its initial public offering last year, and earlier hit a record low of $3.80. Shares have lost more than three-quarters of their value in the past 12 months.

The provider of early-childhood education said late Wednesday that it now expects adjusted earnings of 64 cents to 67 cents a share on revenue of $2.72 billion to $2.74 billion in 2025. The Lake Oswego, Ore., company had previously guided for adjusted earnings of 77 cents to 82 cents a share on revenue of $2.75 billion to $2.8 billion.

Analysts polled by FactSet were looking for adjusted earnings of 77 cents a share on revenue of $2.76 billion.

"While we are operating in a more complex economic environment, we believe the influence these factors have on our results are near-term in nature," Chief Executive Paul Thompson said.

For its three months ended Sept. 27, KinderCare posted a profit of $4.55 million, or 4 cents a share, compared with $14 million, or 15 cents a share, a year earlier.

Stripping out one-time items, adjusted earnings were 13 cents a share. Analysts had expected adjusted earnings of 12 cents a share.

Revenue ticked up 0.8% to $676.8 million but missed the $682.6 million that Wall Street modeled.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

November 13, 2025 10:05 ET (15:05 GMT)

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