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Cardlytics to Present at the 2019 Wells Fargo TMT Summit

6 Minute Read

Atlanta, GA – Nov. 25, 2019 – Cardlytics, Inc., (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today announced it will present at the 2019 Wells Fargo TMT Summit.

Chief Financial Officer, David Evans, will conduct a moderated Q&A session on Tuesday, December 3, 2019 at 12:05 p.m. Eastern Time and it will be webcast live. The live audio webcast will be available on the Cardlytics Investor Relations website at http://ir.cardlytics.com/. After the event, an archive of the webcast will also be available for a limited time on the Cardlytics Investor Relations website.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, and Visakhapatnam. Learn more at www.cardlytics.com.

Cardlytics to Present at the Raymond James Technology Investors Conference

6 Minute Read

Atlanta, GA – Dec. 2, 2019 – Cardlytics, Inc., (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today announced it will present at the Raymond James Technology Investors Conference.

Chief Executive Officer and Co-Founder, Scott Grimes, and Chief Operating Officer and Co-Founder, Lynne Laube, will present on Monday, December 9, 2019 at 1:15 p.m. Eastern Time and it will be webcast live. The live audio webcast will be available on the Cardlytics Investor Relations website at http://ir.cardlytics.com/. After the event, an archive of the webcast will also be available for a limited time on the Cardlytics Investor Relations website.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, and Visakhapatnam. Learn more at www.cardlytics.com.

Cardlytics Releases Annual Holiday Spend Trends

6 Minute Read

Findings show nearly 40% of all holiday spend occurs in the four weeks leading into Black Friday

ATLANTA, GA – Oct. 28, 2019 – Cardlytics, Inc., (Nasdaq: CDLX), a native ad platform built within banks’ digital channels, today released its annual holiday spend trends. With more than 120 million monthly active bank customers on its platform, the company has a view into $2.8 trillion in annual spend or every 2 in 5 card swipes. This allows retailers a clear view into exactly when, where, and how much consumers are spending, information that is particularly compelling as we enter the busiest shopping season of the year.

Based on actual purchase data, the findings show that last year nearly 40% of total holiday spend occurred in the four weeks leading into Black Friday, signaling the start of the 2019 shopping season is upon us. Other key findings from the annual report show:

  • Holiday spend is on the rise: Holiday spend increased 2% from 2017 to 2018. Convenient benefits, such as free shipping, seemingly infinite choices, and buy-online-pickup-in-store options resulted in a larger number of transactions and higher spend overall, but they also led to a 0.7% decrease in individual basket size.
  • Omni shoppers spend more: Customers who shop with a retailer both in-store and online spend twice as much during the holidays as those who favor one channel. However, these valuable omni customers only comprise 10.3% of the current retail customer base, presenting a huge opportunity for brands to capture additional spend.
  • In-store shopping still dominates but continues to lose share: From 2017 to 2018, brick-and-mortar’s (B&M’s) share of spend declined 1.6% to 78.6%. B&M’s are losing their share of spend to online-only merchants, whose share increased 1.3% to 12.9%. However, they’re making up for some of this lost spend by investing in their own online properties, which increased slightly to 8.4% in 2018 from 8.2% in 2017.
  • Fewer spikes in spend: The changing retail landscape has led to a flattening and stretching of the holiday shopping season. Consumers are spending more consistently throughout the months of October through December instead of saving their shopping for the week of Thanksgiving or the week leading into Christmas.
  • Loyals drive the bulk of spend: On average, repeat customers drive 70% of holiday sales and spend 43% more than new customers acquired during the holiday season.

“As shopping preferences continue to change, it’s important for retailers to understand the trends,” said Cardlytics’ Chief Marketing Officer, Dani Cushion. “Marketers typically have a clear view into how their customers are shopping with them, but it’s difficult to see how they are shopping with their competitors. By analyzing actual purchase data, we give retailers a full view of holiday spend, then help them capture incremental sales and drive loyalty through our native ad platform.”

Now in its fifth year, the Cardlytics holiday spend trends report looks at consumer spend across more than 2,000 retailers during the months of October through December. For more information, including supporting infographics illustrating these findings, visit cardlytics.com/holiday2019.

About Cardlytics

Cardlytics (Nasdaq: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, and Visakhapatnam. Learn more at www.cardlytics.com.

Cardlytics Announces Timing of Its Third Quarter 2019 Financial Results Conference Call and Webcast

6 Minute Read

Atlanta, GA – October 29, 2019 – Cardlytics, Inc., (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today announced that its third quarter financial results, ended September 30, 2019, will be released on Tuesday, November 12, 2019, after market close. The company will host a conference call and webcast at 5:00 PM (ET) / 2:00 PM (PT) to discuss the company’s financial results.

A live audio webcast of the event will be available on the Cardlytics Investor Relations website at http://ir.cardlytics.com/.

A live dial-in will be available at (866) 385-4179 (domestic) or (210) 874-7775 (international). The conference ID number is 3768916. Shortly after the conclusion of the call, a replay of this conference call will be available through 8:00 PM ET on November 19, 2019 at (855) 859-2056 (domestic) or (404) 537-3406 (international). The replay passcode is 3768916.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, and Visakhapatnam. Learn more at www.cardlytics.com.

 

Cardlytics to Discuss the Value of Omni Consumers and Performance Marketing at Advertising Week in New York

6 Minute Read

Executives to Speak Alongside Lowe’s, Gap, and Advance Auto Parts;
Host Nasdaq Closing Bell Ceremony

Atlanta, GA, September 19, 2019Cardlytics, Inc., (Nasdaq: CDLX), a purchase intelligence platform that helps make marketing more relevant and measurable, will join key executives from Lowe’s, Gap, and Advance Auto Parts on-stage at Advertising Week New York, September 23-26. Cardlytics will share insights on critical topics for brand and retail marketers—such as the inherent value of the omni consumer and merging passion and performance marketing to drive revenue growth.

Key presentations and events include:

  • Omni Customer is the New Omni Channel: Dani Cushion, Cardlytics’ Chief Marketing Officer, will moderate this seminar with executives from Lowe’s and Advance Auto Parts on Monday, September 23, at 1:30 p.m. on the Insight Drivers Stage. The panel will discuss the value omni customers bring to any business, as well as how to build a successful omni strategy.
  • Nasdaq MarketSite Closing Bell Ceremony: Cardlytics will celebrate the start of Advertising Week by ringing the closing bell on Monday, September 23, at 4:00 p.m. at the Nasdaq MarketSite in Times Square.
  • Brand Innovators Fireside Chat: Dani Cushion, Cardlytics’ Chief Marketing Officer, will host the Chief Marketing Officer from Gap in a fireside chat on Wednesday, September 25, at 11:30 a.m. as part of Brand Innovators’ Women in Brand Marketing

“Advertising Week always inspires, celebrates great industry work, and highlights what marketers need to know to grow their business,” says Cardlytics CMO, Dani Cushion. “As a native advertising platform with a view into $2.8 trillion in annual spend, we help our partners understand and act on consumer shopping trends. We look forward to discussing these trends and how we’re collaborating with advertisers to solve their biggest challenges.”

For more information on Advertising Week New York, visit www.newyork.advertisingweek.com.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, and Visakhapatnam. Learn more at www.cardlytics.com.

Cardlytics Bolsters Leadership Team with Appointment of Industry Veterans

6 Minute Read

Jared Luskin Joins Cardlytics as SVP, Growth Verticals; John Hider Named VP of Ad Partnerships, Grocery

ATLANTA, GA – Feb. 18, 2019 – Cardlytics (NASDAQ: CDLX), a purchase intelligence platform that helps make marketing more relevant and measurable, today announced the appointment of two new executive hires to its leadership team: Jared Luskin as senior vice president for growth verticals and John Hider as vice president of grocery ad partnerships.

In his new role, Luskin will develop and expand advertising partnerships and product offerings across the ecommerce / direct-to-consumer, grocery, travel, and entertainment verticals. Hider will establish and nurture new and existing relationships within Cardlytics’ expanding grocery business.

“Cardlytics is focused on attracting high-quality leaders who are committed to driving incremental and measurable sales for our advertisers,” said COO and co-founder Lynne Laube. “We’re pleased to welcome Jared to the Cardlytics family to drive the strategy for these important new growth verticals, and to have John’s expertise to further advance our thriving grocery vertical.”

Luskin re-joins Cardlytics after running his own sales consulting business for the past year, which helped companies expand their client base and grow revenues. From 2010 through 2017, Luskin led Cardlytics’ retail, channel, and agency partnerships, where he drove significant company revenue growth, and helped establish the groundwork for Cardlytics’ early vertical sales efforts. Prior to Cardlytics, he spent six years at Yahoo!, overseeing sales and business development for their data feed-based advertising programs. Luskin began his digital advertising career in sales and business development at Overture Services and AltaVista.

Hider brings more than 25 years of experience in sales and management and joins Cardlytics from SavingStar, Inc., where he was vice president of partner management and one of the company’s six founding members. Previously, Hider held a variety of positions in marketing and sales at Upromise Inc., Catalina Marketing, and The Kroger Company.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with more than 2,000 financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, and Visakhapatnam. Learn more at www.cardlytics.com.

Cardlytics Announces Pricing of Public Offering of Common Stock

6 Minute Read

Atlanta, GA – September 10, 2019Cardlytics, Inc., (NASDAQ: CDLX), a purchase intelligence platform that helps make marketing more relevant and measurable, today announced the pricing of an underwritten public offering of 2,694,365 shares of its common stock, including 1,500,000 shares offered by Cardlytics and 1,194,365 shares offered by selling stockholders, at a price to the public of $34.00 per share. The gross proceeds to Cardlytics from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $51.0 million. Cardlytics will not receive any proceeds from the sale of shares of common stock by the selling stockholders. The offering is expected to close on or about September 13, 2019, subject to customary closing conditions. In addition, Cardlytics has granted the underwriters a 30-day option to purchase up to an additional 404,154 shares of common stock from it at the public offering price, less underwriting discounts and commissions.

J.P. Morgan and BofA Merrill Lynch are acting as joint book-running managers and representatives of the underwriters for the offering. Wells Fargo Securities, SunTrust Robinson Humphrey and Raymond James are also acting as book-running managers for the offering. KeyBanc Capital Markets is acting as co-manager for the offering. The offering is being made pursuant to a shelf registration statement, including a base prospectus, filed by Cardlytics with the Securities and Exchange Commission (SEC), which was declared effective by the SEC on August 29, 2019. The offering may be made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A final prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus may also be obtained, when available, from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or telephone at 866-803-9204 or email at prospectus-eq_fi@jpmchase.com; or BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, or by email at dg.prospectus_requests@baml.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, and Visakhapatnam.

Forward Looking Statements

This press release includes certain disclosures which contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding Cardlytics’ expectations regarding the closing of the public offering. The words “anticipate,” “expect,” “intend,” “may,” “will” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on Cardlytics’ current expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include risks related to the satisfaction of closing conditions and other factors that are set forth in Cardlytics’ filings with the SEC, including Cardlytics’ Quarterly Report on Form 10-Q for the quarter ended June 30, 2019 and other filings Cardlytics makes with the SEC from time to time, under the caption “Risk Factors.” The forward-looking statements speak only as of the date made and, other than as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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