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KinderCare Learning Companies, Inc. (KLC) Q4 2024 Earnings Call Transcript

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KinderCare Learning Companies, Inc. (NYSE:KLC) Q4 2024 Results Earnings Conference Call March 20, 2025 5:00 PM ET

Company Participants

Olivia Kirrer – Vice President, Growth Finance and M&A
Paul Thompson – Chief Executive Officer
Tony Amandi – Chief Financial Officer

Conference Call Participants

Andrew Steinerman – J.P. Morgan
Toni Kaplan – Morgan Stanley
Ronan Kennedy – Barclays
George Tong – Goldman Sachs
Jeff Silber – BMO
Faiza Alwy – Deutsche Bank
Jeffrey Meuler – Baird
Joshua Chan – UBS

Operator

Welcome to KinderCare’s fourth quarter earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers remark, there will be a question and answer session. [Operator Instructions].

It is now my pleasure to introduce Olivia Kirrer, KinderCare’s VP of Investor Relations. Ms. Kirrer, you may begin your conference.

Olivia Kirrer

Thank you. And good evening, everyone. Welcome to KinderCare’s fourth quarter and full year 2024 earnings call. Joining me from the company are Chief Executive Officer, Paul Thompson, and Chief Financial Officer, Tony Amandi. Following Paul and Tony’s comments today, we will have a question-and-answer session.

After market closed today, we released our financial results for the fourth quarter and full year 2024. You can find our earnings release and supplemental information in the Investor Relations section of our website at investors.kindercare.com.

During this call, we will be discussing non-GAAP financial measures. The most directly comparable GAAP financial measures and a reconciliation of the differences between the GAAP and non-GAAP financial measures are available in our earnings release.

Before we start the prepared remarks, note that certain statements made today may be forward-looking statements. These statements are made based upon management’s current expectations and beliefs concerning future events impacting the company and involve a number of uncertainties and risks, including, but not limited to, those described in our

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