• FranklinCovey signed a definitive agreement to sell its direct China operations to Shanghai Hanquan Trading.
• The buyer is led by Yvonne Feng, who has headed the China business for approximately 10 years.
• Closing is expected by the end of the second quarter of fiscal 2027.
• The China business will become a locally owned licensee partner, with the seller expecting royalty payments under a license agreement.
• The transaction is not expected to materially affect overall profitability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Franklin Covey Company published the original content used to generate this news brief via Business Wire (Ref. ID: 202611021615BIZWIRE_USPR_____20261102_BW380523) on November 02, 2026, and is solely responsible for the information contained therein.