PayPal CFO Says Saw Pressure Across Retail Merchant Portfolio - Conference Call

Feb 3 (Reuters) - PayPal Holdings Inc PYPL.O:

• PAYPAL CFO SAYS RESULTS ARE NOT YET WHERE WE EXPECTED THEM OR WANT THEM TO BE - CONFERENCE CALL

• PAYPAL CFO SAYS SAW PRESSURE ACROSS RETAIL MERCHANT PORTFOLIO, PARTICULARLY AMONG LOWER AND MIDDLE-INCOME CONSUMERS

• PAYPAL CFO SAYS SAW DECELERATION IN SEVERAL HIGH-GROWTH VERTICALS, SPECIFICALLY IN TRAVEL, TICKETING, CRYPTO, AND GAMING IN Q4

• PAYPAL CFO SAYS WE NEED TO DO MORE TO WIN WITH KEY MERCHANTS, PARTICULARLY DURING HIGH-VOLUME SHOPPING PERIODS

• PAYPAL CFO SAYS WHILE CHALLENGES IN THE MACRO ENVIRONMENT ARE REAL, WE HAVEN’T EXECUTED AS WELL AS WE NEED TO

• PAYPAL CFO SAYS ECOMMERCE GROWTH HAS BEEN CHALLENGING IN KEY VERTICALS AND MARKETS

• PAYPAL CFO SAYS WE ARE NO LONGER COMMITTING TO A SPECIFIC OUTLOOK FOR 2027 THAT WAS LAID OUT AT INVESTOR DAY LAST YEAR

• PAYPAL CFO SAYS CO THINKS IT IS PRUDENT FOR NOW TO PROVIDE GUIDANCE ONE YEAR AT A TIME

• PAYPAL EXEC SAYS HARD TO CALL THE PRECISE TIME FRAME WHEN CO WILL SEE AN OVERALL INFLECTION POINT FOR BRANDED

• PAYPAL CFO ON MANAGEMENT CHANGE SAYS "OUR EXECUTION IS TOO SLOW"

• PAYPAL CFO SAYS DUE TO ITS FOCUS ON MIDDLE-INCOME DEMOGRAPHIC CO FELT THE IMPACT OF THE K-SHAPED ECONOMY

Source text: [ID:]