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Franklin Covey Reports Strong Financial Results for Full Year Fiscal 2023 and Fourth Quarter

Retrieved on: 
Wednesday, November 1, 2023
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Paul Walker, President and Chief Executive Officer, commented, “We were really pleased with our results for the fourth quarter and full fiscal 2023 year.

Key Points: 
  • Paul Walker, President and Chief Executive Officer, commented, “We were really pleased with our results for the fourth quarter and full fiscal 2023 year.
  • The following is a summary of financial results for the fourth quarter of fiscal 2023:
    Net Sales: Consolidated sales for the quarter ended August 31, 2023, were $78.0 million compared with $78.8 million in the fourth quarter of fiscal 2022.
  • For the fourth quarter of fiscal 2023, Enterprise Division sales grew to $52.4 million compared with $52.2 million in fiscal 2022.
  • On Wednesday, November 1, 2023, at 5:00 p.m. Eastern (3:00 p.m. Mountain) Franklin Covey will host a conference call to review its fourth quarter and fiscal 2023 full-year financial results.

Franklin Covey Reports Record Sales and Strong Financial Results for the Third Quarter of Fiscal 2023

Retrieved on: 
Wednesday, June 28, 2023
Technology, Consulting, Professional Services, Small Business, Software, Continuing, Training, Data Management, Education, Travel, International, All Access Pass, SG, Telephone, Overalls, Income tax, Technical and Madrasah Education Division, FC, AAP, Walker, International direct dialing, Finance, Person, Organization, Direct, EBITDA, Herd, Investment, Growth, Consolidated, America the Beautiful Pass, COVID-19, NYSE, Behavior, Common, Rare-earth element, Video game, Music, Cryptocurrency, Security (finance), Bank, Adjustment

The Company’s third quarter fiscal 2023 financial performance was very strong, highlighted by the following key metrics:

Key Points: 
  • The Company’s third quarter fiscal 2023 financial performance was very strong, highlighted by the following key metrics:
    The Company’s consolidated sales for the quarter ended May 31, 2023, increased 8% (9% in constant currency) to a third-quarter record $71.4 million, compared with $66.2 million in the third quarter of fiscal 2022.
  • Operating income for the third quarter of fiscal 2023 increased 10% to $6.6 million compared with $5.9 million in the prior year.
  • For the third quarter of fiscal 2023, Enterprise Division sales grew 6%, or $3.2 million, to $53.2 million compared with $50.0 million in fiscal 2022.
  • On Wednesday, June 28, 2023, at 5:00 p.m. Eastern (3:00 p.m. Mountain) Franklin Covey will host a conference call to review its financial results for the third quarter of fiscal 2023.