Welcome to our dedicated page for Block (H.&R.) news (Ticker: HRB), a resource for investors and traders seeking the latest updates and insights on Block (H.&R.) stock.
H&R Block, Inc. (NYSE: HRB) generates a steady stream of news related to its global tax preparation services, financial products, and small-business solutions. This HRB news page on Stock Titan aggregates company press releases and third-party coverage so readers can follow how H&R Block evolves its offerings, communicates with shareholders, and manages leadership transitions.
Recent news highlights include updates on the company’s digital tax ecosystem, such as the inclusion of Tax Pro Review at no additional cost for new clients using paid DIY online tax products for a limited period. H&R Block has also announced tools like AI Tax Assist, Unlimited Expert Help, and tax calculators, reflecting its focus on combining digital experiences with human tax professional support.
Investors and customers can track announcements about financial products tied to the Emerald Card, Spruce mobile banking, and Emerald Advance loans, as well as initiatives like the Saving Surge Sweepstakes that encourage better saving habits through Spruce. Coverage also includes small-business-focused programs, such as Block Advisors’ Fund Her Future grant program for women-owned small businesses, which provides grants and access to Block Advisors services.
From an investor perspective, HRB news includes quarterly and annual earnings releases, capital allocation updates on dividends and share repurchases, and information on debt offerings through Block Financial LLC. Governance and leadership developments—such as CEO succession plans, new senior technology and operations leaders, and board-related announcements—are also common topics.
By reviewing the HRB news feed, readers can see how H&R Block communicates its strategy around tax seasonality, digital innovation, small-business services, and financial tools like Spruce, all of which shape the company’s profile in the tax preparation and financial services landscape.
H&R Block reported fiscal year 2022 results with revenues of $3.46 billion, a 3.5% decrease compared to the previous year. The company achieved a net income of $554 million and EPS of $3.26, reflecting an 11.2% decline. Despite lower revenues, H&R Block announced a 7% increase in its quarterly dividend to $0.29 per share and a new share repurchase program of $1.25 billion. Looking ahead, the company forecasts fiscal year 2023 revenues between $3.535 billion and $3.585 billion, with EPS guidance of $3.70 to $3.95.
Kansas City, Mo. designated July 30 as Make Every Block Better Day in honor of the late co-founder of H&R Block (NYSE: HRB), Henry W. Bloch on his 100th birthday. The company's community impact platform aims to enhance 500 communities nationwide by 2025. H&R Block will promote volunteering and supports small business initiatives through sponsorship of the Keystone Sessions. CEO Jeff Jones emphasized Bloch's legacy of community service.
H&R Block has been recognized in Forbes’ list of America’s Best Employers for Women for the second consecutive year, reflecting its commitment to fostering an inclusive workplace culture. This recognition stems from an independent survey involving 50,000 employees across companies with over 1,000 U.S. staff. H&R Block is among the top four companies in Kansas City, ranked in the top 200 out of 400 total. The Belonging@Block initiative and the Women’s Network are pivotal in this achievement, focusing on gender diversity and providing supportive benefits such as expanded paid leave and reproductive healthcare reimbursements.
KANSAS CITY, Mo., July 19, 2022 – H&R Block (NYSE: HRB) will announce its fourth quarter and fiscal year 2022 results on August 9, 2022, after the market closes. A conference call will follow at 4:30 p.m. ET, discussing fiscal results and outlooks. Interested participants must register to access the call, which will also be available via webcast. H&R Block aims to support clients with tax preparation services, financial products, and small-business solutions through innovative solutions like mobile banking and bookkeeping.
H&R Block (NYSE: HRB) has appointed Amy Labroo as Vice President of Growth Marketing and Engagement, enhancing its marketing strategy under Chief Marketing Officer Jill Cress. Labroo, previously at Revlon, will leverage her extensive experience in digital and performance marketing to drive customer engagement. The appointment aligns with Block's 'Horizons 2025' growth strategy, focusing on data to improve customer acquisition and retention. H&R Block aims to bolster its marketing capabilities to achieve long-term business growth.
Kirk Simpson, co-founder and CEO of Wave Financial Inc., will step down at the end of June 2022 after 12 years. Zahir Khoja, former General Manager at Afterpay and with extensive experience at MasterCard, will take over as CEO on July 1. Under Simpson's leadership, Wave achieved a significant milestone of $100 million CAD in annual revenue. Simpson will serve in an advisory role for 90 days post-departure, while the current leadership team remains intact. This leadership transition underscores Wave's commitment to supporting small business owners and driving innovation in the fintech sector.
H&R Block (NYSE: HRB) has initiated its summer internship program, hosting over two dozen interns from 10 universities. The program focuses on four key pillars: professional development, community giveback, social, and networking. Interns will engage in workshops for skill enhancement and participate in community service projects. The initiative aims to foster confidence and readiness for future careers while promoting a sense of belonging within the company culture.
H&R Block awarded $150,000 in scholarships to 15 high school seniors through its Children of Associates Premier Scholarship (CAPS) program. Each recipient will receive $10,000, contributing to the over $1.1 million awarded in the last 11 years. The winners, chosen for their leadership and community service, include students who developed climate literacy campaigns, created educational resources during the pandemic, and initiated sustainable projects. These scholarships underscore H&R Block's commitment to enhancing community ties and fostering future leaders.
H&R Block (NYSE: HRB) is set to host investor meetings at the Baird 2022 Global Consumer, Technology & Services Conference on June 7, 2022. The company's CFO, Tony Bowen, will participate in a fireside chat at 11:25 a.m. ET that day, with a live stream available online. A replay will be accessible by 12:30 p.m. ET for 90 days. H&R Block offers tax preparation and financial services, blending digital innovation with expert support to assist clients.
H&R Block (NYSE: HRB) partners with Nextdoor for the third consecutive year to support community projects across the U.S. The initiative, dubbed Make Every Block Better, aims to energize neighborhoods with 11 selected projects in 2022. These projects, driven by community nominations, will enhance local gathering spaces and promote community interaction. H&R Block’s goal is to positively impact 500 communities by 2025, fostering connections and reducing social isolation through collaboration with local residents and businesses.
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