Zip Co Riding Out The Storm

Small Caps | 2:51 PM

BNPL company Zip Co’s update provides brokers with confidence the company is coping well in an uncertain macroeconomic climate.

  • Zip Co posted a 'beat' on March quarter earnings
  • US bad debts are low despite tough conditions
  • Consumers spending on non-discretionary items
  • June quarter guidance upgraded

By Greg Peel

Zip Co's quarterly update suggests no bad news scenarios are unfolding among US consumers


The full story is for FNArena subscribers only. To read the full story plus enjoy a free two-week trial to our service SIGN UP HERE

If you already had your free trial, why not join as a paying subscriber? CLICK HERE

MEMBER LOGIN

Australian investors stay informed with FNArena – your trusted source for Australian financial news. We deliver expert analysis, daily updates on the ASX and commodity markets, and deep insights into companies on the ASX200 and ASX300, and beyond. Whether you're seeking a reliable financial newsletter or comprehensive finance news and detailed insights, FNArena offers unmatched coverage of the stock market news that matters. As a leading financial online newspaper, we help you stay ahead in the fast-moving world of Australian finance news.