American Express Says Used Part Of Gain From Global Business Travel Group Stake Sale To Invest In Efficiency Initiatives, Resulting In $336M Restructuring Charge In Q3
Business PerformanceWe delivered strong results for the third quarter of 2026, reflecting the strength of our premium customer base, success of our product refresh strategy and power of our differentiated Membership
American Express sold part of a travel business and used the money to improve how it runs. This caused a big one-time cost of $336 million in the quarter.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.