8-KEarnings & ResultsLeadership ChangesOther Events+1

INTUIT INC. 8-K Report, Financial Results (May 24, 2022)

Filed May 24, 2022For Securities:INTU

Summary

Intuit Inc. (INTU) filed an 8-K on May 24, 2022, reporting its financial results for the fiscal quarter ended April 30, 2022. While the 8-K itself does not detail the specific financial figures, it references a press release (Exhibit 99.01) that contains this information and forward-looking guidance. Investors should refer to this press release for a comprehensive understanding of the company's performance during the quarter. Additionally, the filing announced a leadership change within the Consumer Group and the approval of a quarterly cash dividend.

Key Highlights

  • 1Intuit announced its financial results for the fiscal quarter ended April 30, 2022, with details available in an accompanying press release (Exhibit 99.01).
  • 2The company provided forward-looking guidance alongside its quarterly financial results.
  • 3Gregory Johnson is stepping down as Executive Vice President and General Manager of the Consumer Group, effective May 31, 2022, to become CEO of McAfee, Inc.
  • 4Varun Krishna, currently SVP and GM of Growth Products, Consumer Group, will be appointed as the new EVP and General Manager of the Consumer Group, effective May 31, 2022.
  • 5Intuit's Board of Directors approved a quarterly cash dividend of $0.68 per share.
  • 6The cash dividend is scheduled to be paid on July 18, 2022, to shareholders of record as of July 11, 2022.

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