American Express Reports 9% Revenue Growth, Affluent Spending Surges 7%
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最新报道：American Express reported a 9% revenue growth in its latest quarter, driven by a surge in spending by affluent customers. The company's cardholder spending increased by 7%, with strong performance in travel and entertainment sectors. CEO Stephen Squeri highlighted resilient consumer demand despite economic uncertainties. AmEx also noted higher credit card loan balances, reflecting continued consumer confidence. The firm reaffirmed its full-year revenue growth forecast of 15%-17%, signaling optimism in sustained high-end spending trends. Shares rose slightly post-earnings as investors welcomed the robust results.
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