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Dec 31, 2021
Bread Financial Q4 2021 Earnings Report
Alliance Data reported a mixed Q4 2021, with increased revenues but decreased net income due to reserve build.
Key Takeaways
Alliance Data Systems Corporation reported Q4 2021 results with a net income of $17 million, or $0.34 per diluted share. Credit sales increased by 15% year-over-year, and the company attracted several new brand partners, including the NFL, B&H Photo, Michaels, and TBC Corporation.
Net income was $17 million, or $0.34 per diluted share, inclusive of one-time costs related to the spinoff of the LoyaltyOne segment.
Credit sales increased 15% year-over-year.
Net loss rate was 4.4% in 4Q21.
Several new brand partners were attracted, including the NFL, B&H Photo, Michaels, and TBC Corporation.