Franklin Covey shares tumbled 12% in premarket trading Thursday after the company missed earnings and cut its full-year revenue outlook. Management now expects fiscal 2026 revenue between $260 million and $267 million, citing service-delivery timing shifts, an education state funding cut, and international and geopolitical pressures. CEO Paul Walker said the company is evaluating different options for its China operations amid ongoing tensions. The company maintained its adjusted EBITDA guidance of $28 million to $31 million, supported by cost reductions. The stock remains up 49% year-to-date.
Franklin Covey CompanyCut full-year revenue outlook due to service-delivery timing shifts, education state funding cut, and international/geopolitical pressures.