KinderCare Trims Footprint as Revenue Slips and Net Loss Widens
KinderCare reported Q2 revenue down 0.4% to $697.5 million and a net loss of $8.8 million. The company is planning 80–85 closures expected to lift occupancy by about 1.5 percentage points and cut annual rent by about $7 million. Champions revenue rose 13.4% on 85 net new sites, while Creme School and Learning Adventures expanded and new centers opened in multiple states.