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American Express Q4 Earnings Call Highlights
Yahoo Finance· 2026-01-30 16:28
Management also emphasized continued traction with younger customers. Le Caillec said that as of the fourth quarter, Millennials and Gen Z made up the largest share of U.S. consumer spending and remained the fastest-growing cohorts. He cited an average age of 33 for new U.S. Consumer Platinum customers and 29 for new U.S. Consumer Gold customers.Restaurant spending was up 9% again in the quarter, and spend at U.S. Resy restaurants by U.S. consumer customers rose by more than 20%.Retail spending rose 10% in ...