Latest news with #CaliPass
Yahoo
21-05-2025
- Business
- Yahoo
Affirm Partners With Cali Pass to Expand in a High-Spending Segment
A growing player in the buy now pay later (BNPL) space, Affirm Holdings, Inc. AFRM, recently teamed up with Cali Pass. This partnership aims to introduce flexible and customer-friendly payment options to the winter sports market, a high-spending, experience-driven consumer segment. Starting with the 2025-2026 ski season, Cali Pass customers can choose between interest-free biweekly payments or extended monthly terms while purchasing their passes or lift tickets. Cali Pass clients can avail this plan online at checkout by choosing Affirm or in-store by scanning a QR code with their phones. They need to go through a real-time eligibility check, and approved customers can select their preferred payment plan, with transparent terms and no hidden charges. If this plan turns out to be a hit, we might see Affirm expand into similar seasonal markets. By incorporating Affirm's clear payment model, Cali Pass is not only making skiing adventures affordable but also expanding its market by appealing to more budget-minded skiers and first-time participants. It joins Affirm's growing network of retail partners of 358,000. The latest move is likely to strengthen AFRM's position in the leisure and travel market and help diversify its revenue sources. In recent trends, it is seen that Gen Z and Millennials are leaning toward flexible payment options, and AFRM is stepping up when they're needed the most. It not only caters to this rising trend but also helps ski resorts balance out revenues during off-seasons by encouraging early-pass purchases. According to Grand View Research, the U.S. winter sporting goods market is projected to generate $145 billion in revenues by 2028. In the past year, AFRM shares have rallied 54.1%, outperforming the industry's growth of 30.7%. Image Source: Zacks Investment Research AFRM currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the computer and technology space are Oddity Tech Ltd. ODD, StoneCo Ltd STNE and Paylocity Holding Corp PCTY, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Oddity Tech's current-year earnings of $1.64 per share has witnessed two upward revisions in the past 30 days against none in the opposite direction. Oddity beat earnings estimates in three of the trailing four quarters and missed once, with the average surprise being 24.38%. The consensus estimate for current-year revenues is pegged at $796.4 million, implying 23.1% year-over-year growth. The Zacks Consensus Estimate for StoneCo's current-year earnings of $1.43 per share has witnessed one upward revision in the past seven days against none in the opposite direction. StoneCo beat earnings estimates in three of the trailing four quarters and missed once, with the average surprise being 6.4%. The consensus estimate for the current year's revenues is pegged at $2.8 billion, indicating 12.2% year-over-year growth. The Zacks Consensus Estimate for Paylocity Holding's current-year earnings of $4.79 per share has witnessed six upward revisions in the past 30 days against none in the opposite direction. Paylocity Holding beat earnings estimates in three of the trailing four quarters and missed once, with the average surprise being 13.9%. The consensus estimate for current-year revenues is pegged at $1.6 billion, calling for 12.7% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paylocity Holding Corporation (PCTY) : Free Stock Analysis Report StoneCo Ltd. (STNE) : Free Stock Analysis Report Affirm Holdings, Inc. (AFRM) : Free Stock Analysis Report ODDITY Tech Ltd. (ODD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Wire
20-05-2025
- Business
- Business Wire
Cali Pass and Affirm partner to offer flexible payment options for ski passes and lift tickets
SACRAMENTO, Calif.--(BUSINESS WIRE)--Cali Pass, California's premier multi-resort pass, today announced a new partnership with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. Through this partnership, Affirm's transparent, flexible payment options are now available to purchase Cali Passes and lift tickets. This gives skiers and riders more choice in how they pay and plan for the season ahead, with access to 20 unique winter destinations. Cali Pass customers can split purchases into interest-free biweekly payments or longer-term monthly payments—at checkout online by selecting Affirm, or in-store by scanning a QR code with their smartphone. Customers will always go through a quick eligibility check, and if approved, can choose a personalized plan and complete their purchase. Affirm ensures the total cost is clear, with no late or hidden fees—ever. "At Cali Pass, we constantly seek to enhance our customer's experience, making it as seamless and rewarding as possible," said John McColly, VP of Sales and Marketing. "Partnering with Affirm introduces greater payment flexibility for our customers, offering longer terms ideal for seasonal purchases and, crucially, no hidden fees. This aligns with our mutual commitment to a customer-first approach. Whether our customers are securing a pass early or planning a spontaneous trip, we provide options so they can focus on the snow.' 'We know ski season is a major highlight for many, and with Affirm, skiers and riders can now lock in their Cali Pass early and potentially pay it off before their first day on the mountain,' said Pat Suh, SVP of Revenue at Affirm. 'That same flexibility applies to spontaneous single-day adventures—giving people the ability to spread the cost of a lift ticket over time and stick to their budgets. We're thrilled to partner with Cali Pass to make planning and paying for those eagerly anticipated snow days easier and more transparent than ever.' Cali Pass joins over 358,000 retail partners, including leading brands across travel, gear and fashion like JD Sports, Amazon, StockX, Canada Goose, American Airlines, Priceline, and more. About Cali Pass The Cali Pass is your new pass to good times at California's closest winter resorts. Unlock adventure at 20 unique destinations including 6 in California with 45,000+ vertical feet and 30,000+ skiable acres to explore. Benefits include discounts on food, retail, lodging, and more. Experience what winter was meant to be with the Cali Pass. About Affirm Affirm's mission is to deliver honest financial products that improve lives. By building a new kind of payment network—one based on trust, transparency, and putting people first—we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X. AFRM-PA Payment options through Affirm are subject to eligibility, and are provided by these lending partners: CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to California Finance Lender license 60DBO-111681.
National Post
20-05-2025
- Business
- National Post
Cali Pass and Affirm partner to offer flexible payment options for ski passes and lift tickets
Article content Skiers and riders can now pay over time with Affirm when buying Cali Pass season passes and lift tickets for the 2025–2026 season and beyond Article content Article content SACRAMENTO, Calif. — Cali Pass, California's premier multi-resort pass, today announced a new partnership with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. Through this partnership, Affirm's transparent, flexible payment options are now available to purchase Cali Passes and lift tickets. This gives skiers and riders more choice in how they pay and plan for the season ahead, with access to 20 unique winter destinations. Article content Cali Pass customers can split purchases into interest-free biweekly payments or longer-term monthly payments—at checkout online by selecting Affirm, or in-store by scanning a QR code with their smartphone. Customers will always go through a quick eligibility check, and if approved, can choose a personalized plan and complete their purchase. Affirm ensures the total cost is clear, with no late or hidden fees—ever. 'At Cali Pass, we constantly seek to enhance our customer's experience, making it as seamless and rewarding as possible,' said John McColly, VP of Sales and Marketing. 'Partnering with Affirm introduces greater payment flexibility for our customers, offering longer terms ideal for seasonal purchases and, crucially, no hidden fees. This aligns with our mutual commitment to a customer-first approach. Whether our customers are securing a pass early or planning a spontaneous trip, we provide options so they can focus on the snow.' Article content 'We know ski season is a major highlight for many, and with Affirm, skiers and riders can now lock in their Cali Pass early and potentially pay it off before their first day on the mountain,' said Pat Suh, SVP of Revenue at Affirm. 'That same flexibility applies to spontaneous single-day adventures—giving people the ability to spread the cost of a lift ticket over time and stick to their budgets. We're thrilled to partner with Cali Pass to make planning and paying for those eagerly anticipated snow days easier and more transparent than ever.' Article content Cali Pass joins over 358,000 retail partners, including leading brands across travel, gear and fashion like JD Sports, Amazon, StockX, Canada Goose, American Airlines, Priceline, and more. Article content About Cali Pass Article content The Cali Pass is your new pass to good times at California's closest winter resorts. Unlock adventure at 20 unique destinations including 6 in California with 45,000+ vertical feet and 30,000+ skiable acres to explore. Benefits include discounts on food, retail, lodging, and more. Experience what winter was meant to be with the Cali Pass. Article content Affirm's mission is to deliver honest financial products that improve lives. By building a new kind of payment network—one based on trust, transparency, and putting people first—we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X. Article content Article content Article content Article content Article content Article content
