Olivia Keer
Investor Relations
Replay available
KinderCare Learning Companies, Inc. (NYSE: KLC) Q3 2025 earnings conference call, held 2025-11-12. Replay captured from the company's public earnings webcast.

Investor Relations
Chief Executive Officer
Chief Financial Officer
Analyst, Morgan Stanley
Analyst, J.P. Morgan
Analyst, Barclays
Analyst, Baird
Analyst, BMO Capital Markets
Analyst, Goldman Sachs
Analyst, UBS
Analyst, Deutsche Bank
Good afternoon, ladies and gentlemen, and welcome to the KinderCare third quarter 2025 earnings conference call. At this time, all lines are in listen-only mode, and following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded on Wednesday, November 12, 2025. I would now like to turn the call over to Ms. Olivia Keer. Please go ahead. Thank you and good evening, everyone. Welcome to KinderCare's third quarter 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. 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. which is posted on our investor relations website at investors.kindercare.com under the financials tab. And finally, a reminder 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, which are explained in detail in the risk factor section of our most recent annual report, on Form 10-K and other filings with the SEC. Please refer to these filings for a more detailed discussion of forward-looking statements and the risk and uncertainties of such statements. The actual results of operations or financial condition of the company could differ materially from those expressed or ...