8-KRegulation FD

AMERICAN EXPRESS CO 8-K Report, Regulation FD Disclosure (Jan 24, 2006)

Filed January 24, 2006For Securities:AXP

Summary

This 8-K filing by American Express Company (AXP), dated January 24, 2006, provides updated and clarified information regarding U.S., international, and worldwide billed business for the full year 2005 and each quarter of 2005. This disclosure serves to revise certain billed business figures previously reported in conjunction with the company's fourth quarter and full-year 2005 financial results released on January 23, 2006. The primary purpose of this filing is to ensure accuracy and transparency in reported billed business metrics, which are a key indicator of revenue generation and customer activity for American Express. Investors should review the attached Exhibit 99.1 for the specific revised data to understand any impacts on the company's performance trends. This clarification is important for assessing the company's growth trajectory and operational momentum heading into 2006.

Key Highlights

  • 1American Express Company (AXP) filed an 8-K on January 24, 2006.
  • 2The filing provides revised information on U.S., international, and worldwide billed business for 2005.
  • 3This update clarifies billed business figures previously reported on January 23, 2006, alongside Q4 and full-year 2005 results.
  • 4The information is disclosed under Regulation FD.
  • 5Exhibit 99.1 contains the detailed revised billed business information.
  • 6Billed business is a key metric for assessing customer spending and revenue generation for AXP.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide revised and clarified data on American Express's U.S., international, and worldwide billed business for the full year 2005 and each quarter of that year. This update corrects or supplements information previously disclosed on January 23, 2006.

Billed business represents the total dollar amount of transactions charged to American Express cards by customers. It is a key indicator of customer spending volume, card usage, and potential future revenue for the company, making it a crucial metric for assessing business performance and growth.

The specific revised information regarding 2005 quarterly and full-year billed business is provided in Exhibit 99.1, which is attached to this 8-K filing and incorporated by reference.

This filing specifically addresses billed business figures, which are a component of financial performance but not the entirety of it. It is a clarification of previously reported data. Investors should consult the company's full financial results and any subsequent guidance for a comprehensive understanding of financial performance and outlook.