Management blamed the weak economy for the warning, not increased competition. Our share of retail sales for QuickBooks and TurboTax has remained steady and strong, but the categories are simply growing more slowly, ... We're disappointed to see a sluggish economy worsening in the past few weeks with a further decrease in customer spending in all our categories.
Quotes about turbotax (5 Quotes)
With two more weeks of strong TurboTax sales -- especially TurboTax Online -- the tax season is turning out better than we expected. As a result, we're raising our guidance for both total company and TurboTax growth for the year.
Intuit delivered another strong quarter and we're on track for another strong year. Our two largest businesses -- QuickBooks and TurboTax -- continued to perform very well as we successfully execute strategies to expand our customer base and solve more of our customers' needs.
Once again, Intuit is proving its ability to execute and deliver, ... We are taking guidance up because of the strength of both our QuickBooks and TurboTax businesses.
Although retail sales continue to be softer than we'd hoped, we continue to be very pleased with the growth of TurboTax Online.