marinebob
Oct 3, 6:37 AM
$FISV gentlemen! Have you read the report “Americas Payment Technology: Consumer spending update: September Fiserv SMB spend healthy, supported by gas reacceleration” from GS!? And fuck you shorts! “Key data
SMB expenditure growth (SA): 2.2% in September and 1.2% in August.
Retail Sales Growth: 3.0% YoY In September And 0.7% YoY In August.
Growth in catering expenditure: -1.0% YoY in September and -0.7% YoY in August.
The unit price of the gas station increased: 21% YoY in September.
Changes In Passenger Flow: Retail Passenger Flow In September Is 2.5% YoY (0.7% In August); Catering Passenger Flow In September Is -3.9% YoY (August -3.3%).
Recommended asset target
FISV/GPN/XYZ: Be optimistic. Retail growth has accelerated again, passenger flow and pricing have improved, and the increase in gasoline spending is conducive to its high-rate business model.
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