American Express surpasses first-quarter profit estimate; focus turns to small-business strategy

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 17 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 174%
  • Publisher: 66%

Canadian News 뉴스

Canada News,Breaking News Video,Canadian Breaking News

The credit card lender’s high-income clientele has shielded it from a turbulent economic landscape that has troubled peers amid concerns over consumers’ financial well-being

first-quarter profit vaulted past estimates on Friday thanks to its affluent customers, and the company is looking to broaden its appeal among small businesses, the details for which are expected to be laid out at its investor day.

“You’re seeing some softness in SME. As SME comes back, which we look as an opportunity down the road, that will drive some stronger spending,” CEO Stephen Squeri said. CEO Squeri said AmEx will discuss its strategy for its premium consumer base and small business space in the U.S. at its investor day on April 30.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 31. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인