{"id":51470,"date":"2017-03-15t15:00:29","date_gmt":"2017-03-15t19:00:29","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=51470"},"modified":"2017-03-17t09:20:44","modified_gmt":"2017-03-17t13:20:44","slug":"liberty-tax-earnings-48-founder-hewitt-wants","status":"publish","type":"post","link":"\/\/www.g005e.com\/2017\/03\/15\/liberty-tax-earnings-48-founder-hewitt-wants\/","title":{"rendered":"liberty tax earnings down 48%. founder hewitt wants out."},"content":{"rendered":"
hewitt<\/figcaption><\/figure>\n

liberty tax inc. reports results for the third quarter ended jan. 31<\/strong><\/p>\n

by 卡塔尔世界杯常规比赛时间 research<\/em><\/p>\n

liberty tax, the chain of almost 4,000 tax prep offices, is suffering from a variety of problems, both internal and external, according to founder and ceo john hewitt.<\/p>\n

\u201cthe 2017 tax season marks another period of change for the industry as filing patterns continue to shift later into the season,\u201d says hewitt in a statement.\u00a0\u201cthe whole industry has been slow, but we are clearly not satisfied with how we have performed in comparison to the market. there is still a lot of season in front of us and we are focused on delivering a strong second half and on implementing the appropriate changes to be successful in an evolving landscape.\u201d<\/p>\n

through feb. 28, the company said it had prepared 915,000 u.s. tax returns, as compared to 1,094,000 u.s. tax returns prepared in the comparable prior year period, representing a decline of 16.4%.\u00a0the company operated 3,823 offices in the u.s. in fiscal 2017, down from 4,225 offices in 2016.\u00a0 the decrease represents a decline of 250 permanent office locations, as well as a reduction of 152 seasonal and processing center locations, some stemming from compliance problems.<\/p>\n

hewitt surprised listeners on the company’s quarterly earnings conference call by saying he’s looking to turn over the reins. \u201cit\u2019s time i have a backup in the company,\u201d he said.<\/p>\n

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