A customer pushes a shopping cart at a Walmart store in Chicago, Illinois, U.S. November 23, 2016. (REUTERS/Kamil Krzaczynski/File Photo)
Shares of H&R Block (HRB) jumped in trading Tuesday after the tax services company announced an exclusive partnership with Walmart (WMT) ahead of tax season.
The partnership establishes H&R Block as the “exclusive [do-it-yourself] desktop tax software provider available at Walmart stores nationwide, and sold directly by Walmart on walmart.com,” according to a press release. H&R Block will also provide Walmart customers with perks, such as free in-person audit representation.
“In addition to better prices, the value H&R Block can offer Walmart shoppers with our support features, such as free in-person audit representation and unlimited free tax advice, is among the many reasons we are so pleased to expand our partnership with Walmart this year,” H&R Block senior vice president Heather Watts said in a statement.
By
