DALLAS, June 15, 2015 /PRNewswire/ -- Alliance Data
Systems Corporation (NYSE: ADS), a leading global provider of
data-driven marketing and loyalty solutions, today provided an
update on its Card Services segment.
In conjunction with the release of the Company's Master Trust
Monthly Noteholder's Statement, the Company is releasing similar
metrics for the overall total managed portfolio. The Master Trust
data represents a subset of the Company's total managed portfolio,
and the Company believes the information presented below provides a
more complete view of the Card Services segment.
|
For
the
month ended
|
|
For
the
month ended
|
|
May 31,
2015
|
|
May 31,
2014
|
|
(dollars in
thousands)
|
|
Average
receivables
|
$ 10,871,335
|
|
$ 8,186,293
|
|
Year over year change
in average receivables
|
33%
|
|
18%
|
|
Net
charge-offs
|
$ 41,193
|
|
$ 30,419
|
|
Net charge-offs as a
percentage of average receivables
|
4.5%
|
|
4.5%
|
|
|
|
|
|
As
of
|
|
As
of
|
|
May 31,
2015
|
|
May 31,
2014
|
|
(dollars in
thousands)
|
|
30 days +
delinquencies - principal
|
$ 417,993
|
|
$ 301,299
|
|
Period ended
receivables - principal
|
$ 10,695,418
|
|
$ 8,043,664
|
|
Delinquency
rate
|
3.9%
|
|
3.7%
|
About Alliance Data
Alliance Data® (NYSE: ADS) is a leading global
provider of data-driven marketing and loyalty solutions serving
large, consumer-based industries. The Company creates and deploys
customized solutions, enhancing the critical customer marketing
experience; the result is measurably changing consumer behavior
while driving business growth and profitability for some of today's
most recognizable brands. Alliance Data helps its clients create
and increase customer loyalty through solutions that engage
millions of customers each day across multiple touch points using
traditional, digital, mobile and emerging technologies. An S&P
500 and Fortune 500 company headquartered in Plano, Texas, Alliance Data consists of three
businesses that together employ more than 15,000 associates at
approximately 100 locations worldwide.
Alliance Data's Card Services business is a leading provider of
marketing-driven branded credit card programs.
1TUEpsilonU1TP®P is a leading provider of multichannel,
data-driven technologies and marketing services and also includes
Conversant®, the leader in personalized digital
marketing. 1TULoyaltyOneU1TP®P owns and operates the
1TUAIR MILESU1TP®P Reward Program, Canada's premier coalition loyalty program,
and holds a majority interest in Netherlands-based BrandLoyalty, a global
provider of tailor-made loyalty programs for grocers.
Follow Alliance Data on Twitter, Facebook, Linked In and
YouTube.
Alliance Data's Safe Harbor Statement/Forward Looking
Statements
This release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Such statements may use words such as "anticipate," "believe,"
"continue, " "could," "estimate," "expect," "intend, " "may, "
"predict," "project," "would," and similar expressions as they
relate to us or our management. When we make forward-looking
statements, we are basing them on our management's beliefs and
assumptions, using information currently available to us. Although
we believe that the expectations reflected in the forward-looking
statements are reasonable, these forward-looking statements are
subject to risks, uncertainties and assumptions, including those
discussed in our filings with the Securities and Exchange
Commission.
If one or more of these or other risks or uncertainties
materialize, or if our underlying assumptions prove to be
incorrect, actual results may vary materially from what we
projected. Any forward-looking statements contained in this
presentation reflect our current views with respect to future
events and are subject to these and other risks, uncertainties and
assumptions relating to our operations, results of operations,
growth strategy and liquidity. We have no intention, and disclaim
any obligation, to update or revise any forward-looking statements,
whether as a result of new information, future results or
otherwise, except as required by law.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this presentation regarding
Alliance Data Systems Corporation's business which are not
historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see "Risk
Factors" in the Company's Annual Report on Form 10-K for the most
recently ended fiscal year. Risk factors may be updated in Item 1A
in each of the Company's Quarterly Reports on Form 10-Q for each
quarterly period subsequent to the Company's most recent Form
10-K.
|
Contact:
|
Investors/Analysts
|
|
Tiffany
Louder
|
|
Alliance
Data
|
|
214-494-3048
|
|
Tiffany.Louder@AllianceData.com
|
|
|
|
Media
|
|
Shelley
Whiddon
|
|
Alliance
Data
|
|
214-494-3811
|
|
Shelley.Whiddon@AllianceData.com
|
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SOURCE Alliance Data Systems Corporation