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Stock impact report

Retailers Enjoyed Strongest Holiday Season in Four Years, According to First Data’s SpendTrend® Report

FIRST DATA CORP (FDC) 
Last first data corp earnings: 7/25 06:50 am Check Earnings Report
US:NYSE Investor Relations: investor.firstdata.com
Company Research Source: Business Wire
Overall sales growth for the full holiday season was 6.2% year-over-year, accelerating from last year’s 4.7% Retail spending grew 5.4% compared to 3.6% last year eCommerce represented 29% of total transactions, up from 26% in 2016 NEW YORK--(BUSINESS WIRE)-- Given the favorable consumer backdrop, spending grew by 6.2% this holiday season (October 28-January 1), the highest in four years, according to First Data (NYSE: FDC). The company, a global leader in commerce-enabling technology, analyzed consumer spending at more than 1.3 million merchant locations in the U.S. Throughout the holiday season, retail spending was up 5.4%, a solid increase from last year’s growth rate of 3.6%. For online sales, eCommerce accounted for 29% of all transactions, up from 26% in 2016. Additionally, this holiday season marked the highest share of spend for eCommerce transactions to date. “A varie Show less Read more
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