Bread Financial Holdings Inc (FRA:LID)
€ 58.56 1.1 (1.91%) Market Cap: 2.90 Bil Enterprise Value: 6.54 Bil PE Ratio: 9.69 PB Ratio: 0.98 GF Score: 60/100

Alliance Data Systems Corp at Goldman Sachs U.S. Financial Services Conference Transcript

Dec 11, 2019 / 02:20PM GMT
Release Date Price: €73.09 (-1.06%)
Ryan Matthew Nash
Goldman Sachs Group Inc., Research Division - MD

We're just waiting for one person. He's here now. So we're going to get started. Once again, we are happy to have Alliance Data Systems joining us. It's been a busy year for ADS as it's continued its transformation towards becoming a card-centric company. As it's exited its Epsilon business, it's been through several management changes. However, at its core, ADS continues to be a provider, a leading provider of private-label credit cards to retailers with an incredibly high return on equity.

Here to tell us about their plans is Chief Financial Officer, Tim King. Today's presentation is going to be fireside chat.

Questions & Answers

Ryan Matthew Nash
Goldman Sachs Group Inc., Research Division - MD

So I'm going to start off, Tim, the company has undergone a significant amount of change over the past 18 months, including the sale of Epsilon, the pruning of several underperforming partnerships, and of course, we've now had 2 CEO changes. Can you just give us an update as to

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot