United States Nursery Schools Market Analysis, 2014-2029: KinderCare Education and Bright Horizons Family Solutions Dominate in 2024 with Revenues of $206.5M and $197.6M [Yahoo! Finance]
Bright Horizons Family Solutions Inc. (BFAM)
Last bright horizons family solutions inc. earnings: 2/13 04:21 pm
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Source: Yahoo! Finance
The COVID-19 pandemic eliminated the need for many to seek nursery school care, leading to a significant drop in industry revenue. Government assistance through the CARES Act and the American Rescue Plan Act (ARPA) provided a lifeline to nursery schools, leading to a near-full recovery by 2021. As inflation surged in 2022, parents turned to cheaper nursery schools and alternate caregiving methods. Still, a rise in dual-income families and sustained government backing kept growth solid. Revenue has been climbing at a CAGR of 1% to an estimated $17 billion over the five years through 2024, including a 1.7% dip in revenue in 2024 alone. Market share concentration for the Nursery Schools industry in the US is low, which means the top four companies generate less than 40% of industry revenue. The average concentration in the Health Care and Social Assistance sector in the United States is 36%. Report Scope Market Estimates from 2014-2029 Competitive Analysis, Industry Segmentati
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BFAM
Earnings
- 5/2/24 - Beat
BFAM
Sec Filings
- 5/9/24 - Form 4
- 5/8/24 - Form 4
- 5/8/24 - Form 144
- BFAM's page on the SEC website