Dafinchi AI

AXP

Financial Services

American Express has achieved four points of operating leverage since 2023, reducing expenses as a percentage of revenue.
Q2 expenses grew slightly faster than revenue, driven by investments in risk management and technology.
The company plans to keep OpEx growth in the mid-single digits for the year, balancing investment and efficiency.
Product refreshes and new benefits are managed with careful expense timing, with costs amortized over 12 months.
Management remains confident in its ability to generate sustainable value through disciplined expense management.

EZPW

Financial Services

EZCORP emphasizes its primary strategy of scaling store footprint and profit, with a focus on disciplined acquisitions and de novo store growth.
The company has a robust acquisition pipeline, especially in Mexico, Latin America, and potential new markets like India and the Philippines.
Management highlights the need for substantial capital to match the large global opportunity, indicating a preference for growth over share buybacks.
Recent financing has strengthened their balance sheet, enabling aggressive expansion and acquisitions, with plans to deploy significantly more capital in the next 12-18 months.

Earnings Feed