MAAT INDEX

CLAIM #32626 · Intuit Inc (INTU) · 2024Q1 earnings call · Nov 28, 2023 · due Jul 31, 2024

I would not expect any meaningful shift in the seasonality of our marketing spend, which I think is the question that you're asking.

Sandeep Aujla · CFO

PENDING
graded after results covering Jul 31, 2024 are reported

In context

just the numbers game. It's the value of these customers. We, of course, will measure a number of customers and ARPC, but ARPC will have the largest impact to our outcomes this year and in the future because now we do your taxes for you as a consumer and as a business. Kartik Mehta: Perfect. And Sandeep just one quick question. You talked about not wanting to focus on one quarter for margins. But I'm wondering, as you look at the year, any differentiation or movement in marketing especially as the tax season unfolds? Sandeep Aujla: Kartik, we are continuing to invest across our product, across the Big Bet, across GenAI, across marketing and particularly as we go to Full Service, we want to make sure that we are expanding our brand's equity beyond the DIY category to the Full Service. But I would not expect any meaningful shift in the seasonality of our marketing spend, which I think is the question that you're asking. So -- and I feel pretty good about the campaigns and the investments we've been making across the go-to-market motion across tax as well as the other segments. Kartik Mehta: Thank you. Yes. That was the question I was asking. I just did a poor job of it. So thank you. Sasan Goodarzi: Thank you. Operator: Our next question will come from Brad Sills with Bank of America. Brad Sills: Great. Thank you so much. Another question here on TurboTax as you're kind of heading into the next tax season here. Now that the focus is more on full service and TurboTax Live, is there something different about the end user, the end consumer filer that you're targeting now, say, going after that CPA segment that's different from traditionally, where you've gone after that tax store, you've had tremendous succ

Verify independently

SEC filings for INTU · Claim quote is verbatim from the 2024Q1 earnings call.