Risk Factors Update Summary
- The response to COVID-19 has caused severe disruptions in the U.S. economy, impacting global commercial activity and contributing to significant inflation and labor shortages over the past two years.
- Credit card receivables grew to $2,411 million at December 31, 2023, from $2,120 million at December 31, 2022.
- Our five largest retail partners accounted for over 70% of our outstanding private label credit receivables as of December 31, 2023.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1464343&owner=exclude
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