ALLIANCE DATA SYSTEMS CORPORATION (NYSE:ADS) Files An 8-K Regulation FD Disclosure

ME Staff 8-k
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ALLIANCE DATA SYSTEMS CORPORATION (NYSE:ADS) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.

In response to numerous investor questions regarding its press release issued January 16, 2018 providing an update on its Card Services segment that reported a December 2017 year over year increase in average receivables of 10% to $17.77 billion, Alliance Data Systems Corporation is providing the following additional information. Excluding the December 2017 sale of two non-core credit card portfolios totaling approximately $800 million in average receivables, the year over year increase in average receivables would have been 15%. These sales had a temporary negative impact to December 2017 and our guidance for receivables growth in 2018 remains 15%.

The information contained in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such a filing.


About ALLIANCE DATA SYSTEMS CORPORATION (NYSE:ADS)

Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a range of industries. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs. The Company operates through three segments: LoyaltyOne, which provides coalition and short-term loyalty programs through the Company’s Canadian AIR MILES Reward Program and BrandLoyalty; Epsilon, which provides end-to-end, integrated marketing solutions, and Card Services, which provides risk management solutions, account origination, funding, transaction processing, customer care, collections and marketing services for the Company’s private label and co-brand retail credit card programs.