Franklin Covey Plunges 12.15% on Missed Revenue Estimates

On April 3, 2025, Franklin Covey's stock experienced a significant drop of 12.15% in pre-market trading, marking a notable decline in its share price.

Franklin Covey's stock fell nearly 9% in premarket trading on Thursday after the company missed Wall Street's estimates for quarterly revenue. The company reported a decrease in Q2 fiscal 2025 revenue to $59.6 million, which was slightly down from the previous year's $61.3 million. This decline in revenue has contributed to the overall performance of the company, which has shown a slight decrease in earnings compared to the same period last year.

Franklin Covey shares have lost about 25.5% since the beginning of the year, reflecting a broader trend of underperformance in the market. The company's earnings call transcript for Q2 2025 highlighted the challenges faced in meeting revenue expectations, which has led to a dour forecast for the future. Despite the setbacks, Franklin Covey remains optimistic about its new North America sales strategy, aiming to improve its financial performance in the coming quarters.