Visa Inc at Bank of America Global Technology Conference Transcript

Jun 07, 2022 / 03:45PM GMT
Jason Alan Kupferberg - BofA Securities, Research Division - MD in US Equity Research & Senior Analyst

We're going to get started. We are very excited to have the CFO of Visa here, Vasant Prabhu, who is also Vice Chairman of the company. And we're going to run through a whole bunch of fireside chat topics, lots of interesting data points coming out of Visa recently.

Questions and Answers:

Jason Alan Kupferberg - BofA Securities, Research Division - MD in US Equity Research & Senior Analyst

And I guess where I wanted to start with, Vasant, is just we see some of this recent commentary from other companies who are major players in the U.S. economy, a Walmart, a Target. They're talking about consumers making some different choices or maybe trading down in terms of goods that they're buying.

Your 8-K last week showed a continuation of really robust trends in the U.S. from April to May. So is it just that what happens at Walmart and Target is just not significant enough and material enough in the scheme of things to move the needle at Visa? Or
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