1815 ET - High-earning consumers are continuing to lead the way with spending, but lower-income shoppers aren't pulling back, Visa Chief Financial Officer Christopher Suh says on a call with analysts. Spending growth was fastest among high-earners during Visa's first quarter, keeping in line with the quarter before, Suh says. Retail holiday-spending growth was slightly higher than the year before, driven by e-commerce, Suh says. There was no deterioration in spending among lower-income consumers and both discretionary and non-discretionary spending remained strong, he says.(katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

January 29, 2026 18:15 ET (23:15 GMT)

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