Core Insights - Synchrony has extended its nearly 25-year partnership with JCPenney to include new financing options, specifically the Synchrony Pay Later program, enhancing customer purchasing flexibility [1][2][4] Financing Options - The new Synchrony Pay Later option allows customers to finance fine jewelry purchases over $300 with installment payments of 6, 12, or 24 months, available both in-store and online [2][3] - Customers can apply for Synchrony Pay Later by scanning a QR code at checkout, completing the application on their device, and if approved, selecting their loan terms and using a virtual card for immediate purchase [3] Customer Engagement - JCPenney's CFO highlighted that the partnership with Synchrony has fostered customer loyalty, with cardholders visiting more frequently and spending more per trip compared to other customers [4] - Synchrony aims to help partners like JCPenney build long-term customer relationships that extend beyond single purchases, reflecting their commitment to partner growth and transformation [4] Company Background - JCPenney serves diverse working families in the U.S. and Puerto Rico, offering a wide range of products including fashion, home goods, and jewelry, supported by over 50,000 associates [6] - The company celebrated its 120th anniversary in 2022, emphasizing its legacy of customer connection through shopping and community engagement [7] Synchrony Overview - Synchrony is a leading consumer financial services company, providing a comprehensive suite of digitally enabled products across various industries, including retail and healthcare [8][9]

Core Insights - The Synchrony "Veterinary Specialty Care Study" highlights significant concerns among pet parents regarding the costs associated with specialty and emergency veterinary care, indicating a need for improved communication between general practice and specialty veterinary teams [1][4]. Financial Concerns - 72% of pet parents express high levels of concern about the financial implications of specialty care, with half feeling stressed by bills up to $1,000 and 81% stressed if costs rise to $2,500 [3]. - Nearly 50% of pet parents underestimate the costs of pet care, with unexpected emergency care contributing to this miscalculation [5]. Knowledge Gaps - Over half (54%) of pet parents report having little to no knowledge about specialty care, which underscores the need for better education and communication from veterinarians [3][6]. - Only 25% of specialists believe that pet parents have realistic expectations regarding the costs of care [3]. Communication and Education - The study emphasizes the importance of proactive communication about specialty care costs and available payment options, as 63% of pet parents want this information early in the process [5][6]. - Many pet parents (38%) research costs before seeking specialty care, and 63% go directly to emergency vets without a referral, highlighting the need for accessible information on payment options [7]. CareCredit Insights - CareCredit has been a financing option for pet parents for 30 years, available at over 25,000 veterinary locations, allowing for real-time prequalification and instant credit decisions [8]. - CareCredit offers various financing options, including deferred interest plans and reduced APR for longer-term payments, which can help alleviate financial stress for pet parents [8][9]. Study Methodology - The study involved 305 pet parents, including 255 who visited specialty or emergency veterinarians in the past year, and 118 veterinarians providing emergency or specialty care [10].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 001-36560 (Commission File Number) SYNCHRONY FINANCIAL | --- | --- | |-------------------------------------------------------------------------------------------- ...

Core Points - Synchrony has made a $100,000 donation to Women in HVACR to support scholarships for women in the HVACR industry as part of its Education as an Equalizer initiative [1][2][3] - The donation will be distributed as $50,000 in 2024 and an additional $50,000 in 2025, building on Synchrony's existing support for WHVACR [2] - The initiative aims to enhance diversity and provide opportunities for women in trade industries, which is believed to enrich the industry and provide a broader range of perspectives [2][3] Company and Industry Overview - Synchrony is a premier consumer financial services company that offers a comprehensive suite of digitally enabled products across various industries, including retail, health, and automotive [5] - The Synchrony Foundation's philanthropic efforts include over $19 million donated to more than 400 charitable organizations in 2023, alongside over 19,200 volunteer hours logged by employees [3] - Women in HVACR is an organization focused on improving the lives of its members through networking, mentoring, and education, aimed at empowering women in the HVACR industry [4]

Core Viewpoint - Synchrony Financial (NYSE: SYF) is positioned as a depositor bank that utilizes its capital to underwrite consumer loans, indicating a focus on consumer finance and lending opportunities [1] Company Overview - Synchrony Financial has been highlighted for its high-yield debt opportunities, suggesting a favorable investment environment for income-focused investors [1] Investment Focus - The analysis emphasizes income investing strategies through various financial instruments such as common shares, preferred shares, or bonds, reflecting a diversified approach to investment [1]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Core Insights - The article compares Synchrony (SYF) and Brookfield Asset Management (BAM) to determine which stock is more attractive to value investors [1] - SYF has a stronger Zacks Rank of 2 (Buy) compared to BAM's Zacks Rank of 3 (Hold), indicating a more favorable earnings outlook for SYF [1] Valuation Metrics - SYF has a forward P/E ratio of 9.26, significantly lower than BAM's forward P/E of 36, suggesting SYF is undervalued [2] - The PEG ratio for SYF is 1.26, while BAM's PEG ratio is 2.47, indicating SYF's expected earnings growth is more favorable relative to its valuation [2] - SYF's P/B ratio stands at 1.51, compared to BAM's P/B of 7.02, further highlighting SYF's relative undervaluation [2] Value Grades - SYF has a Value grade of A, while BAM has a Value grade of D, reinforcing the conclusion that SYF is the superior value option at this time [3]

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

When I wrote about Synchrony Financial (NYSE: SYF ) last quarter , the shares had been on a big run, peaking above the rare $50 level only seen in I retired early after 22 years in the energy industry with roles in engineering, planning, and financial analysis. I have managed my own portfolio since 1998 and have met my goal to match the S+P 500 return over the long term with lower volatility and higher income. I mostly write on positions I already hold or am considering changing. I prefer to hold positions ...

Synchrony Financial (SYF) reported third-quarter 2024 adjusted earnings per share (EPS) of $1.94, which comfortably beat the Zacks Consensus Estimate of $1.77. The bottom line also increased from $1.48 per share a year ago. Net interest income improved 5.7% year over year to $4.6 billion in the third quarter. Also, it beat the consensus mark by 2.1%. The strong quarterly results were supported by increased interest and fees on loans and an expanding loan receivables portfolio. While expenses did increase, t ...