Visa CFO Chris Suh: Did not see signs of lower spend consumer weakening
V•Visa CFO Chris Suh said U.S. discretionary and non-discretionary spending growth remained strong and he saw no signs of consumer weakening from lower spending. Visa expects low-to-mid-20s VAS growth in fiscal 2027 and a step-up in client incentive growth from 2026.
1. Spending and outlook
Suh said U.S. discretionary and non-discretionary spending growth remained strong, with no signs of consumer weakening from lower spending. Visa expects VAS growth in the low to mid-20s in fiscal 2027; it also expects client incentive growth to step up from 2026, while benefits from new pricing should be similar in magnitude and timing to fiscal 2026.
