AMX Positioned for Strong Growth in a K-Shaped Economy

4 days ago

"AMX, uh, AMX is just in the absolute sweet spot of this K-shaped economy. They are a premium product for premium spenders and they are killing it. Their total build business shows 6% to 8% year-over-year growth. Goods and services, as well as travel and entertainment, are up 9% and 8% respectively this quarter. Look at the year-over-year growth among younger demographics: Gen Z is growing at 39%, while millennials are growing at 12% compared to baby boomers at only 4%. Moreover, millennials now represent 30% of total spending, surpassing baby boomers. How crazy is this?"

The speaker offers strong company commentary on AMX, noting robust year-over-year growth across various business segments. The metrics indicate that AMX is capturing an increasing share of spending among younger consumers, suggesting a bullish outlook for the company in a K-shaped economy.

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