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H&R Block, Inc. - HRB STOCK NEWS

Welcome to our dedicated page for H&R Block news (Ticker: HRB), a resource for investors and traders seeking the latest updates and insights on H&R Block stock.

H&R Block, Inc. (NYSE: HRB) stands as the world's largest tax services provider, having prepared over 650 million tax returns since its inception in 1955. Catering to a diverse clientele, H&R Block operates approximately 12,000 company-owned and franchise retail locations across all 50 U.S. states, Puerto Rico, and other U.S. territories. The company also has a presence in Canada, Australia, India, and on U.S. military bases worldwide. An H&R Block retail office is located within five miles of most Americans.

In the fiscal year 2015, H&R Block reported revenues exceeding $3.1 billion, preparing 24.2 million tax returns globally. The company’s services extend beyond retail locations, including digital tax solutions that have been aiding do-it-yourself clients for over 15 years. In FY 2015 alone, 6.9 million tax returns were completed through H&R Block's digital solutions. Employing around 9,000 bilingual tax professionals, H&R Block provides expert assistance in multiple languages.

Recent Achievements and Projects:

  • AI Tax Assist: In December 2023, H&R Block introduced the H&R Block AI Tax Assist, a generative AI experience designed to streamline the tax preparation process. This innovation combines the company's extensive tax expertise with artificial intelligence to provide real-time, reliable assistance, ensuring accuracy and maximum refunds for individuals, the self-employed, and small business owners.
  • Fiscal Updates: H&R Block will report its fiscal 2024 second quarter results on February 6, 2024. This will be followed by a conference call for stakeholders to discuss results and the company’s outlook.
  • Leadership and Growth: Curtis Campbell, a seasoned executive with vast experience in the tax, fintech, and software industries, joined H&R Block to drive innovation and growth, especially in the consumer tax business.
  • Direct Import Feature: To simplify the tax filing process, H&R Block launched the Direct Import feature, enabling users to seamlessly import prior year tax return data from TurboTax into H&R Block's online products.
  • Minecraft Competitive League (MCL): H&R Block launched a unique Minecraft experience to engage young adult gamers, integrating custom versions of the game with a branded character, Sir Block, and offering in-game skins and avatars.

Beyond tax preparation, H&R Block provides financial products and small-business solutions through Block Advisors and Wave. These services include bookkeeping, payroll, advisory, and payment processing solutions, helping small-business owners thrive year-round. Additionally, H&R Block’s mobile banking app, Spruce, enhances its clients’ financial well-being.

For more detailed information, visit the company's official website at HRBlock.com.

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Block Advisors by H&R Block releases data on small business owners, highlighting their youth, diversity, and motivations. Despite economic uncertainty, over 80% of small business owners report high confidence in day-to-day operations. Challenges in sourcing capital remain for BIPOC, women, and Gen Z owners. Revenue has grown for 40% of surveyed owners in the past three months. Small business owners face difficulties in tax preparation and securing loans.
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H&R Block has been recognized as a Champion of Business by the Kansas City Business Journal. The award is given to businesses that excel in financial performance, innovation, and community involvement. H&R Block supports over 2 million small business owners with tax preparation and has launched a mobile banking app called Spruce. The company has also committed to serving 1 million volunteer hours by 2025 through its community impact program. H&R Block was recently named to Fortune's list of America's Most Innovative Companies and Forbes' Best Employers for Diversity.
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H&R Block, Inc. (HRB) is set to announce its fiscal 2023 third quarter results on May 9, 2023, after the market closes. The results will be available on the company’s investor relations website. A conference call for analysts and investors will take place at 4:30 PM ET the same day, discussing the results and providing a business update. Interested participants need to register in advance to receive dial-in details. The call will also be webcast live for public access, with a replay available for 90 days post-event. H&R Block specializes in tax preparation services and offers various financial and small-business solutions, combining digital tools with expert assistance.

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H&R Block recently inaugurated a sensory room at its Kansas City headquarters, aimed at supporting the mental health and well-being of its associates. This initiative, launched during Autism Awareness Month, signifies the company’s dedication to inclusivity and support for neurodiversity. The sensory room is equipped with calming sound machines, sensory fidgets, and dimmed lighting, providing a safe space for employees to manage stress and improve focus. Founded by associates with neurodivergent children, the room's creation underscores the need for supportive environments in the workplace. According to studies, the unemployment rate for neurodivergent adults can be as high as 30-40%. H&R Block aims to combat stigmas and foster a culture where every associate feels heard and valued.

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FAQ

What is the current stock price of H&R Block (HRB)?

The current stock price of H&R Block (HRB) is $58.3 as of November 22, 2024.

What is the market cap of H&R Block (HRB)?

The market cap of H&R Block (HRB) is approximately 8.1B.

What services does H&R Block provide?

H&R Block offers income tax return preparation services, digital do-it-yourself tax solutions, financial products, and small-business solutions.

How many locations does H&R Block have?

H&R Block operates approximately 12,000 company-owned and franchise retail locations worldwide.

What is H&R Block's AI Tax Assist?

AI Tax Assist is a generative AI experience that streamlines the tax preparation process, combining H&R Block's tax expertise with artificial intelligence.

When will H&R Block report its fiscal 2024 second quarter results?

H&R Block will report its fiscal 2024 second quarter results on February 6, 2024.

Who is Curtis Campbell?

Curtis Campbell is the President of Global Consumer Tax at H&R Block, leading the company’s consumer tax business and driving innovation.

What is the Direct Import feature?

Direct Import allows users to import prior year tax return data from TurboTax into H&R Block's online tax filing products.

What is the Minecraft Competitive League (MCL) by H&R Block?

The MCL is a unique Minecraft experience launched by H&R Block to engage young adult gamers with custom maps, models, and in-game skins.

How long has H&R Block been providing digital tax solutions?

H&R Block has been serving do-it-yourself clients with digital tax solutions for more than 15 years.

How can I access H&R Block’s tax services?

You can visit any of H&R Block’s retail locations, use their online tax software, or explore their mobile banking app, Spruce.

What is the significance of H&R Block’s mobile banking app, Spruce?

Spruce helps users manage their money better by offering financial products and services directly through the app.

H&R Block, Inc.

NYSE:HRB

HRB Rankings

HRB Stock Data

8.14B
135.45M
1.17%
95.29%
7.44%
Personal Services
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United States of America
KANSAS CITY