H&R Block, Inc. (NYSE:HRB) Q1 2021 Earnings Conference Call - Final Transcript

Sep 01, 2020 • 04:30 pm ET

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H&R Block, Inc. (NYSE:HRB) Q1 2021 Earnings Conference Call - Final Transcript

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Q & A
Executive
Jeffrey J. Jones II

right price value and continue to make it easier. In Wave business, for example, they are laser-like focused on that small business, zero to nine employees, that is currently not using any product. It's much like the DIY tax business would have been years ago where those small businesses are using pencil, paper, spreadsheet, shoebox and Wave as a core free accounting product, has a low cost of entry to get them off the sidelines. So each business is a little bit different, as we think about moving more into the small business. Those are other examples where there is more industry tailwind than headwind. And we know from the customer that the H&R Block brand building on the 2 million small business clients we serve today has a great right to win. So more to come in December, but each business has a slightly different dynamic.

Analyst
Henry Chien

Got it. Okay. Thanks so much.

Executive
Jeffrey J. Jones II

Yeah. Thanks, Henry.

Operator
Operator

Thank you. At this time, I'd like to turn the call back over to Colby Brown for closing remarks. Sir?

Executive
Colby Brown

Thank you, Latif, and thanks everyone for joining. This concludes today's call.

Operator
Operator

[Operator Closing Remarks]