We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Alliance Data Unit Extends Ties with Restoration Hardware
Read MoreHide Full Article
Alliance Data Systems Corporation’s Columbus, OH-based card services unit recently entered into a long-term renewal agreement with Restoration Hardware (“RH”). According to the deal, RH will receive private label card services from the Alliance Data affiliate.
Based in San Francisco Bay Area, RH is one of the most creative and fastest growing luxury brands in the home furnishings marketplace. The company offers an unparalleled mix of inspiring design to its customers with unique perspective, superior quality and excellent value. The collections are available through the company’s retail galleries in the United States and Canada, online and through its Source Books.
This agreement is expected to benefit RH immensely in improving its growth strategies. This is because Alliance Data’s cards services unit has the required experience in catering to the credit needs of RH’s highly affluent customer base.
Also, the card services business will continue to offer an array of credit and marketing services for the RH card program. This program offers some unique benefits to those under the RH Membership Program alongside flexible financing and payment options.
Investors should note that the latest agreement is an extension of the 14-year long solid relationship between Alliance Data’s card services unit and RH. The deal is undoubtedly a boon for RH customers as they can now avail the broad range of innovative financing alternatives offered by the Alliance Data card services unit.
Alliance Data’s card services business is renowned for the customized marketing and loyalty solutions that it provides through branded credit programs. These solutions drive profitable relationships between its brand partners and card members.
Alliance Data expects to boost its sales growth over the next several years through such strategic partnerships. Also, the company boasts strong fundamentals that are supported by a stable credit environment, low funding costs and expense leverage. We anticipate the card services segment to continue improving with the help of such revenue enhancing moves.
Currently, Alliance Data carries a Zacks Rank #4 (Sell).
Some better-ranked stocks from the same space include JetPay Corporation , Mastercard Incorporated (MA - Free Report) and Equifax Inc. (EFX - Free Report) .
JetPay Corporation, a financial transaction services provider, delivered positive surprises in two of the last four quarters, with an average beat of 3.43%. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Mastercard Incorporated, a financial transaction services provider, delivered positive surprises in all of the last four quarters, with an average beat of 6.86%. The company holds a Zacks Rank #2 (Buy).
Equifax Inc, another financial transaction services provider, delivered positive surprises in all of the last four quarters, with an average beat of 4.38%. The company holds a Zacks Rank #2.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Alliance Data Unit Extends Ties with Restoration Hardware
Alliance Data Systems Corporation’s Columbus, OH-based card services unit recently entered into a long-term renewal agreement with Restoration Hardware (“RH”). According to the deal, RH will receive private label card services from the Alliance Data affiliate.
Based in San Francisco Bay Area, RH is one of the most creative and fastest growing luxury brands in the home furnishings marketplace. The company offers an unparalleled mix of inspiring design to its customers with unique perspective, superior quality and excellent value. The collections are available through the company’s retail galleries in the United States and Canada, online and through its Source Books.
This agreement is expected to benefit RH immensely in improving its growth strategies. This is because Alliance Data’s cards services unit has the required experience in catering to the credit needs of RH’s highly affluent customer base.
Also, the card services business will continue to offer an array of credit and marketing services for the RH card program. This program offers some unique benefits to those under the RH Membership Program alongside flexible financing and payment options.
Investors should note that the latest agreement is an extension of the 14-year long solid relationship between Alliance Data’s card services unit and RH. The deal is undoubtedly a boon for RH customers as they can now avail the broad range of innovative financing alternatives offered by the Alliance Data card services unit.
Alliance Data’s card services business is renowned for the customized marketing and loyalty solutions that it provides through branded credit programs. These solutions drive profitable relationships between its brand partners and card members.
Alliance Data expects to boost its sales growth over the next several years through such strategic partnerships. Also, the company boasts strong fundamentals that are supported by a stable credit environment, low funding costs and expense leverage. We anticipate the card services segment to continue improving with the help of such revenue enhancing moves.
Currently, Alliance Data carries a Zacks Rank #4 (Sell).
ALLIANCE DATA Price
ALLIANCE DATA Price | ALLIANCE DATA Quote
Stocks to Consider
Some better-ranked stocks from the same space include JetPay Corporation , Mastercard Incorporated (MA - Free Report) and Equifax Inc. (EFX - Free Report) .
JetPay Corporation, a financial transaction services provider, delivered positive surprises in two of the last four quarters, with an average beat of 3.43%. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Mastercard Incorporated, a financial transaction services provider, delivered positive surprises in all of the last four quarters, with an average beat of 6.86%. The company holds a Zacks Rank #2 (Buy).
Equifax Inc, another financial transaction services provider, delivered positive surprises in all of the last four quarters, with an average beat of 4.38%. The company holds a Zacks Rank #2.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>