Earnings roundup: H&R Block, 5 Below
Earnings roundup: H&R Block's 4Q results misses expectations; 5 Below swings to a profit
Among the earnings stories for Wednesday, June 12, from AP Business News:
— H&R Block Inc. said last-minute changes to the tax law, a delayed start to the filing season and new fraud controls were hurdles for this year's tax season. The tax preparation company was able to cut costs to help offset weaker revenue stemming from these conditions, but it reported fiscal fourth-quarter results that fell short of market expectations.
— Discount retailer Five Below Inc., which sells games, candy and other goods for $5 or less, said it swung to a profit in the fiscal first quarter as sales increased more than 30 percent.
