INTU

Intuit Announces its Coalfield Solar Fund First Year Winners, Building a More Sustainable Future for Virginia and West Virginia

Retrieved on: 
Tuesday, October 10, 2023

In partnership with Secure Solar Futures and the NEED project , the initiative is designed to advance renewable energy and create new career pathways for Coalfield communities in Virginia and West Virginia.

Key Points: 
  • In partnership with Secure Solar Futures and the NEED project , the initiative is designed to advance renewable energy and create new career pathways for Coalfield communities in Virginia and West Virginia.
  • The program has granted $375,000 across Virginia and West Virginia to incentivize solar energy projects across their school districts.
  • The Coalfield Solar Fund launched in March 2023 to support underserved school districts and community colleges in Virginia and West Virginia and surrounding regions facing economic challenges.
  • “We are excited to continue supporting eligible educational institutions in designated Coalfield counties in Virginia and West Virginia.

New Intuit QuickBooks Small Business Index Annual Report: UK Small Business Credit Card Spending up by 22% Since the Pandemic Amidst Funding Challenges

Retrieved on: 
Thursday, October 5, 2023

Intuit (NASDAQ: INTU), the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp , has released the 2023 Intuit QuickBooks Small Business Index Annual Report .

Key Points: 
  • Intuit (NASDAQ: INTU), the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp , has released the 2023 Intuit QuickBooks Small Business Index Annual Report .
  • These pressures are affecting jobs: in the UK, small business job vacancy growth rates declined in all of the first eight months of 2023.
  • Access to funding is essential for small business growth, but roughly half of small businesses in the UK, US, and Canada, are self-funded by the owner.
  • Self-funding amidst UK small business’ challenges in accessing credit: Nearly half (48%) of small business owners have used personal savings at some point to fund their business.

New Intuit QuickBooks Small Business Index Annual Report: US Small Business Credit Card Spending Increases 20% Post Pandemic Amid Inflation and Funding Challenges

Retrieved on: 
Thursday, October 5, 2023

Intuit (NASDAQ: INTU), the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp , has released the 2023 Intuit QuickBooks Small Business Index Annual Report .

Key Points: 
  • Intuit (NASDAQ: INTU), the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp , has released the 2023 Intuit QuickBooks Small Business Index Annual Report .
  • Since that low point, employment has rebounded to 13.1 million as of September 2023 (source: Intuit QuickBooks Small Business Index ).
  • Small business finances: Monthly small business credit card spending is currently 20% higher, on average, than before the pandemic, equivalent to $3,000 per business.
  • To stay up to date on the latest monthly Index releases, visit the Intuit QuickBooks Small Business Index interactive hub .

Intuit Mailchimp Announces Wix Partnership and New E-Commerce Features Ahead of the Holiday Shopping Season

Retrieved on: 
Tuesday, October 3, 2023

Intuit is the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp .

Key Points: 
  • Intuit is the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp .
  • View the full release here: https://www.businesswire.com/news/home/20231003376910/en/
    Four in five customers prefer email over any other form of communication, according to a new holiday report from Mailchimp, “This Holiday, It’s Personal."
  • Notable speakers include e-commerce author and podcast host Ian Hammersly and Rohit Bhargava, author, multiple-startup founder and marketing expert, among others.
  • “We’re thrilled to announce a multi-year, strategic partnership with Wix to deliver a single source of truth for marketers and small businesses.

Intuit Mailchimp and Wix Enter a Strategic Multi-Year Partnership

Retrieved on: 
Tuesday, October 3, 2023

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- Today, Intuit Mailchimp (Nasdaq: INTU), the #1 email marketing and automation brand1, and Wix.com Ltd. (Nasdaq: WIX), a leading global SaaS platform to create, manage and grow an online presence, announced a multi-year bi-lateral strategic partnership. Through the upcoming collaboration between the platforms, users will benefit from stronger functionality and ease of use of marketing activities by connecting CRM data between the platforms, bolstering their marketing capabilities to drive customer engagement and increase sales growth.

Key Points: 
  • The partnership will enhance the companies' advanced offerings, providing Wix and  Mailchimp users with industry-leading capabilities in a seamless experience
    NEW YORK, Oct. 3, 2023 /PRNewswire/ -- Today, Intuit Mailchimp (Nasdaq: INTU), the #1 email marketing and automation brand1, and Wix.com Ltd. (Nasdaq: WIX), a leading global SaaS platform to create, manage and grow an online presence, announced a multi-year bi-lateral strategic partnership.
  • For self-creators using Wix and Mailchimp, the integration will provide greater functionality and ease of use.
  • Agencies and freelancers using Wix Studio will benefit from offering their clients a complete email marketing suite with the industry's leading marketing tools.
  • "We are very excited to embark on this collaboration with Intuit Mailchimp," said Yaniv Vakrat, Chief Business Officer at Wix.

Intuit Hosts Investor Day, Reaffirms First-quarter and Fiscal 2024 Guidance

Retrieved on: 
Thursday, September 28, 2023

(Nasdaq: INTU) the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp , reaffirmed its financial guidance for the first quarter and full fiscal year 2024 in conjunction with its Investor Day, being held today at the company's Mountain View, CA, headquarters.

Key Points: 
  • (Nasdaq: INTU) the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp , reaffirmed its financial guidance for the first quarter and full fiscal year 2024 in conjunction with its Investor Day, being held today at the company's Mountain View, CA, headquarters.
  • Intuit leaders will discuss the company's plan to accelerate innovation and drive durable growth.
  • For the full fiscal year, the company expects:
    Revenue of $15.890 billion to $16.105 billion, growth of approximately 11 to 12 percent.
  • For the first quarter of fiscal year 2024, which ends Oct. 31, the company expects:
    Revenue growth of approximately 10 to 11 percent.

Intuit Launches Food Truck Program to Empower Underserved Youth with Vital Financial, Technical and Entrepreneurial Skills

Retrieved on: 
Friday, September 22, 2023

The food trucks are equipped with commercial-grade kitchens, allowing students to build real-world, hands-on skills and experiences in a professional context and setting.

Key Points: 
  • The food trucks are equipped with commercial-grade kitchens, allowing students to build real-world, hands-on skills and experiences in a professional context and setting.
  • These school districts were selected for the program based on the company's commitment to helping underserved students in its Prosperity Hub School Districts .
  • “We launched our Prosperity Hub School Districts program to address the disparity in educational equity including access to financial and entrepreneurial education programs.
  • The program will engage students from multiple career pathway programs by managing a fully operational food truck.

Intuit Introduces QuickBooks Money, a New Subscription-Free Payments and Banking Solution for Small Businesses

Retrieved on: 
Wednesday, September 13, 2023

QuickBooks Money builds on QuickBooks’ earlier fintech innovation to deliver the platform’s powerful payments and money management capabilities to small businesses in a streamlined mobile and web-enabled experience without a subscription.

Key Points: 
  • QuickBooks Money builds on QuickBooks’ earlier fintech innovation to deliver the platform’s powerful payments and money management capabilities to small businesses in a streamlined mobile and web-enabled experience without a subscription.
  • QuickBooks Money currently combines two industry-leading financial services - QuickBooks Checking and QuickBooks Payments .
  • Processing more than $125 billion in volume annually, QuickBooks Payments allows small businesses to manage all of their payments in one place.
  • Future planned enhancements to QuickBooks Money include subscription-free access to other QuickBooks small business solutions such as bill pay, in-person payments, and lending.

Intuit Announces Pricing of Senior Notes Offering

Retrieved on: 
Tuesday, September 12, 2023

Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that it has priced its offering of $4.0 billion aggregate principal amount of senior notes, consisting of $750.0 million aggregate principal amount of 5.250% notes due 2026, $750.0 million aggregate principal amount of 5.125% notes due 2028, $1.25 billion aggregate principal amount of 5.200% notes due 2033 and $1.25 billion aggregate principal amount of 5.500% notes due 2053.

Key Points: 
  • Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that it has priced its offering of $4.0 billion aggregate principal amount of senior notes, consisting of $750.0 million aggregate principal amount of 5.250% notes due 2026, $750.0 million aggregate principal amount of 5.125% notes due 2028, $1.25 billion aggregate principal amount of 5.200% notes due 2033 and $1.25 billion aggregate principal amount of 5.500% notes due 2053.
  • The offering is expected to close September 15, 2023, subject to the satisfaction of customary closing conditions.
  • Intuit intends to use the net proceeds from this offering to repay amounts outstanding under the unsecured term loan under our unsecured credit facility.
  • Before you invest, you should read the prospectus supplement and accompanying prospectus, as well as other documents Intuit has filed or will file with the SEC for more complete information about Intuit and this offering.

Intuit Hosts Annual Investor Day on Sept. 28

Retrieved on: 
Thursday, September 7, 2023

Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks , and Mailchimp , will host its annual Investor Day on Sept. 28 at 8:00 a.m. Pacific Time, at its headquarters in Mountain View, CA.

Key Points: 
  • Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks , and Mailchimp , will host its annual Investor Day on Sept. 28 at 8:00 a.m. Pacific Time, at its headquarters in Mountain View, CA.
  • Chief Executive Officer Sasan Goodarzi and Chief Financial Officer Sandeep Aujla will be joined by other business leaders to discuss Intuit’s strategy for fiscal year 2024.
  • The half-day event will be broadcast live via webcast on Intuit’s website and can be heard at https://investors.intuit.com/events-and-presentations/default.aspx .
  • A replay of the video broadcast will be available on Intuit’s website approximately two hours after the meeting ends.