Affirm Sees Minor Impact on Shopping, Reports Strong Q1

Affirm reports minor shopping decline among federal employees due to government shutdown, but overall, the companys financial results for the fiscal first quarter are strong, surpassing expectations with a 34% revenue increase and a 42% jump in gross merchandise volume. Despite a recent setback with Walmart switching to Klarna, Affirms partnerships with major retailers remain robust. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.