Computeruser.com
Latest News

Alliance Data Provides Private Label Performance Update for June 2011

DALLAS July 15, 2011

http://photos.prnewswire.com/prnh/20051024/ADSLOGO

In conjunction with the release of the Company’s Master Trust Monthly Noteholder’s Statement, the Company is releasing similar metrics for the overall total managed portfolio. The Master Trust data represents a subset of the Company’s total managed portfolio, and the Company believes the information presented below provides a more complete view of the Private Label segment.

For the month

ended

For the three months

ended

June 30, 2011

June 30, 2011

(dollars in thousands)

Average receivables

$  4,871,946

$  4,848,715

Year over year change in average receivables

(3)%

(3)%

Net charge-offs

$  27,904

$  87,066

Net charge-offs as a percentage of average receivables(1)

6.9%

7.2%

June 30, 2010

As of

June 30, 2011

As of

June 30, 2010

(dollars in thousands)

30 days + delinquencies – principal

$  214,367

$  262,165

Period ended receivables – principal

$  4,716,196

$  4,815,324

Delinquency rate

4.5%

5.4%

About Alliance Data

North America Dallas

Canada www.AllianceData.com www.Twitter.com/AllianceData

Alliance Data’s Safe Harbor Statement/Forward Looking Statements

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements may use words such as "anticipate," "believe," "estimate," "expect," "intend," "predict," "project" and similar expressions as they relate to us or our management. When we make forward-looking statements, we are basing them on our management’s beliefs and assumptions, using information currently available to us. Although we believe that the expectations reflected in the forward-looking statements are reasonable, these forward-looking statements are subject to risks, uncertainties and assumptions, including the anticipated effects of the CARD Act, potential effects of the Epsilon data theft incident, and those discussed in our filings with the Securities and Exchange Commission.

If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary materially from what we projected. Any forward-looking statements contained in this presentation reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We have no intention, and disclaim any obligation, to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this presentation regarding Alliance Data Systems Corporation’s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company’s Annual Report on Form 10-K for the most recently ended fiscal year. Risk factors may be updated in Item 1A in each of the Company’s Quarterly Reports on Form 10-Q for each quarterly period subsequent to the Company’s most recent Form 10-K.

SOURCE Alliance Data Systems Corporation

Leave a comment

seks shop - izolasyon
basic theory test book basic theory test