Liberty Tax (TAX) Tops Q2 EPS by 14c

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Liberty Tax Service Announces Fiscal 2016 Second Quarter Results

December 9, 2015 6:30 AM EST

VIRGINIA BEACH, VA -- (Marketwired) -- 12/09/15 -- Liberty Tax, Inc. (NASDAQ: TAX) (the "Company"), the parent company of Liberty Tax Service, today reported results for the second quarter ended October 31, 2015.

"We are looking forward to the coming tax season," said John Hewitt, CEO. "We expect to see expansion in our store count and strong growth in existing store return counts reflecting a good market environment for paid tax preparation and new product offerings."

Due to the highly seasonal nature of the tax industry, the Company typically reports a loss in... More