Kaplan Keeps Holding Graham Holdings Back
Among the various businesses within Graham Holdings (NYSE: GHC), most people know the Kaplan education division the best. Sometimes, though, the best-known business within a conglomerate isn't the most successful, and in this case, poor performance from Kaplan has been an obstacle to growth opportunities elsewhere for Graham.
Coming into Wednesday's second-quarter financial report, Graham Holdings investors were hoping that Kaplan would finally get itself into better shape and allow the rest of the business to thrive. Kaplan's downward impact didn't go away, but Graham kept taking steps to try to improve the education business and get itself into a better place going forward. Let's look more closely at Graham Holdings and see what we can learn from its latest report.
Image source: Kaplan.
Source: Fool.com
