FRANKLIN COVEY CO (FC) reported that executive vice president of operations Colleen D. Dom had 535 common shares disposed on September 2, 2026 as a payment of exercise price or tax liability by delivering or withholding securities in connection with the "2024 LTIP." The shares were valued at $20.35 per share, and she now holds 58,546 common shares directly. No Rule 10b5-1 trading plan is reported for this transaction.
FRANKLIN COVEY CO (FC) reported that CEO Paul S. Walker had 4,344 common shares delivered or withheld on September 2, 2026 for payment of exercise price or tax liability, valued at $20.35 per share under the company’s 2024 LTIP. Following this transaction, he holds 136,920 common shares directly. No Rule 10b5-1 trading plan is reported for this transaction.
FRANKLIN COVEY CO (FC) reported several leadership changes and an upcoming retirement. Effective September 1, 2026, M. Sean Covey transitions from President, Education Division to Chief Product Officer; his compensation remains unchanged. On the same date, John Buchanan joins as Executive Vice President, Education, bringing prior leadership experience from GoGuardian, Care.com, LegalZoom, the NFL, Adobe, and Electronic Arts.
After more than 40 years with the company, Colleen Dom will retire as Executive Vice President, Operations effective June 1, 2027, under a Transition and Separation Agreement providing $98,000 plus an incremental short-term incentive award for additional service through August 31, 2027. Adam Sherman, currently Senior Vice President, Revenue and Customer Operations, will succeed her as of June 1, 2027.
Franklin Covey Co. received an amended beneficial ownership report from Askeladden Capital Management LLC and Samir Patel. They report beneficial ownership of 345,108 shares of Franklin Covey common stock, representing 3.1% of the class, based on 11,293,873 shares outstanding as of June 30, 2026. All reported shares are held in separately managed accounts for Askeladden’s advisory clients, with Askeladden and Mr. Patel holding shared voting and dispositive power over these shares and no sole voting or dispositive power. The filers emphasize that their statements do not constitute an admission of beneficial ownership or that they are part of a group under Section 13(d) or 13(g).
Royce & Associates, a New York corporation, reports beneficial ownership of Franklin Covey Co. common stock on an amended Schedule 13G. The firm holds 881,362 shares, representing 7.82% of the outstanding common stock, with sole voting and sole dispositive power over all reported shares.
The shares are held in investment management accounts of clients of Royce & Associates, LP, an indirect majority-owned subsidiary of Franklin Resources, Inc. Royce & Associates states the holdings are maintained in the ordinary course of business and disclaims any intent to change or influence control of Franklin Covey, as well as any pecuniary interest or group status with Franklin Resources affiliates or their principal shareholders.
Franklin Covey Co COO Colleen D. Dom reported a bona fide gift transfer of 1,999 common shares on July 13, 2026. Following this non-derivative transaction, she directly owns 59,081 common shares of the company.
Franklin Covey reported a stronger quarter ended May 31, 2026, with revenue of $67.8 million, up slightly from $67.1 million a year earlier. Operating income improved to $4.2 million from a prior loss, and net income reached $3.1 million, or $0.27 per share, versus a loss of $1.4 million, or $(0.11) per share.
For the first three quarters of fiscal 2026, revenue was $191.5 million, down modestly from $195.8 million, and the company posted a net loss of $2.2 million. Operating cash flow remained solid at $17.5 million, but cash declined to $12.0 million after $28.1 million of share repurchases. Deferred revenue was $96.0 million with $157.1 million of remaining performance obligations, reflecting a substantial subscription and services backlog.
Franklin Covey reported third quarter fiscal 2026 revenue of $67.8 million, up slightly from $67.1 million a year ago. Net income improved to $3.1 million, or $0.27 per diluted share, compared with a loss of $1.4 million, helped by lower selling, general and administrative expenses and reduced restructuring costs.
Adjusted EBITDA rose 14% to $8.3 million, and consolidated deferred revenue increased 7% year-over-year to $96.0 million, indicating a growing base of contracted business. Year-to-date revenue was $191.5 million, down from $195.8 million, as Enterprise North America and Education both grew modestly in the quarter while international remained soft.
The company ended the quarter with $12.0 million in cash and total liquidity of over $74 million, including a fully available $62.5 million credit facility. Management revised fiscal 2026 revenue guidance to $260–$267 million, from $265–$275 million, citing service delivery timing shifts, state budget reductions affecting Education, and a challenging international environment, while maintaining Adjusted EBITDA guidance at $28–$31 million through cost discipline.
Franklin Covey Co. announced that it will host a conference call to review its third quarter 2026 financial results on Wednesday, July 1, 2026, at 5:00 p.m. ET (3:00 p.m. MT). The company expects to release its results after the market closes that same day.
Investors can listen via a live webcast or participate by telephone after completing an online registration process. A replay of the webcast will be available on the company’s website for at least 30 days.
Franklin Covey Co executive Holly Procter, President of the Enterprise Division, reported routine equity compensation activity in company common shares. She received a grant of 3,385 common shares at no cost as a signing bonus with one-third vesting. To cover associated tax obligations, 989 shares were disposed of through a tax-withholding mechanism at $23.30 per share. After these transactions, she directly holds 12,737 common shares of Franklin Covey.