Our industry continues to experience lower consumer demand due to the pandemic pull forward of tech purchases and the shift back into services spend outside the home, like travel and entertainment.

Aug 29, 2023 / CEO / receipt, needs a key / Cori Berry, CEO | earnings call 2023-08-29 | transcript 73728551-1be4-490a-bd35-7776a8fbdc21 | chars 2597-2794 | segment 2

In addition, we expected to see some impact to our business as customers broadly shifted their wallet spend back into experience areas such as travel and entertainment.

Aug 30, 2022 / CEO / receipt, needs a key / Cori Berry, CEO | earnings call 2022-08-30 | transcript c83891ab-1f38-4154-bfae-b70fc2b15d70 | chars 4043-4211 | segment 4

As we think more short term, specifically the back half of this year, we expect shopping behavior will continue to evolve as customers are able to spend more time on activities like eating out, traveling, and other events, And there remains uncertainty as to how this may impact our business, especially as we lack particularly strong sales in the back half of last year.

May 27, 2021 / CEO / receipt, needs a key / Cori Berry, CEO | earnings call 2021-05-27 | transcript 7ab1d92c-ad2c-40f7-917e-ac04e4cf6a2f | chars 19351-19722 | segment 19