By Baselinemag  |  Posted 2002-05-01 Print this article Print

Tax season's finale brings a thundershower of cash—and it's Block that cleans up. But Intuit is grabbing the future.

&R Block Base Case">

H&R Block Base Case

Headquarters: 4400 Main Street, Kansas City, Mo.

Business: Block is one of the largest tax- consulting and financial-services companies. Best known for its ubiquitous tax-preparation offices, it has branched out to provide products for the do-it-yourself crowd, including TaxCut software and online tax preparation services

Chief Information Officer: Jeff Brandmaier

Fiscal 2001 sales: $3 billion

Challenge faced: To keep the company's brand relevant by expanding from its traditional offerings into other financial-service areas and by letting customers do business with Block in whatever way they like

Baseline goals:

  • Revenue growth of 10% to 15% over the next several years
  • Raise earnings-per-share growth from 13% to 18%
  • Achieve return on equity in excess of 20%

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