American Express Surpasses Earnings Expectations on Strong Luxury Retail Growth
Luxury retail spending increased by 18% this quarter, significantly boosting American Express's revenue by 10% to $18.9 billion and raising profit to $4.28 per share.
Luxury retail spending increased by 18% this quarter, significantly boosting American Express's revenue by 10% to $18.9 billion and raising profit to $4.28 per share.