American Express Sees Leverage in Marketing Budget to React to Macro Environment -- Market Talk
Dow Jones04-17
11:53 ET -- American Express hasn't made changes to its market budget, but it is in a position to increase expenses in an environment of uncertainty, CEO Stephen Squeri says on a call with analysts. "Our marketing budget is a lot bigger than it ever has been," Squeri says. "We have several levers across our marketing and operating expense lines, enabling us to quickly pivot if the environment changes," the executive says. Overall, the credit card company has a tremendous amount of expense flexibility within those lines, Squeri adds. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
April 17, 2025 11:53 ET (15:53 GMT)
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