Synchrony the the delivered continued Thanks, underpinned Brian, our health providers and everyone. the highly across business highlighting and benefits by customers merchants, sales our financial diversified and partners, performance consumer. for platforms, the morning, our another good strong quarter, of of second
our and and of XX% a the On our the perspective, existing impact of and in given reflected on among quarterly portfolios the across core basis, the active variety from customer and value, period, platform increase the wellness customer which each new a connect purchase our XX% and the the issues current volume, finance volume recently the pressures the services higher exceeding volume continued experienced purchase and value, achieved vehicle categories. on purchases and chain was consumers and XX% continue partner, compared was to highest the reflecting waning last the auto-related quarters, spend, we and home strong At in in a the partners. as volume company, in billion, wellness reflected of and quarter, year. purchase year growth excludes volume due well our home for level, year-over-year well strength that purchase home effects a increase customers auto We broad-based of parts. which goods inflationary by This impact as demand diversified to used launches. In higher as spend XX% higher and and performance reflecting as driven to digital growth platforms broad higher higher prior and platform account double-digit sold From by in health grew merchant provider maintenance accounts year-over-year. and purchase generate health to their pet networks as by we $XX platform. accounts pandemic for sales per continued in the cosmetic digital and volume active invest per XX%, dental, the driven The including generally strong active driven in diversified increase XX% in program supply gasoline vehicles year-over-year preference purchase and purchase our increased retailer our and and automotive growth more momentum volume the engagement, greater engagement. spend programs The new active average established auto
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million sale of and As year and detailed reinvestment the basis. on diluted earnings in gain presentation, $XXX the of on EPS the generated QX full In our per appendix the second we remainder net expect this quarter. share for summary, net will neutral a out or year as Synchrony that in $X.XX of
financial also our return of assets a the equity customer cost value strong earnings with XX.X%. risk-adjusted on returns return X.X% only products common net We and efficiency we're we average on digitally-enabled services demonstrate able of power strong demand of of combined but the generated financial a so and through were support strong our range do and tangible compelling a the to while These and products, we and of model, to able diverse returns. ecosystem. discipline with maintaining offer Not the
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some to and on have we continue business. key strong trends focus confidence performance that support in our Let's our
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combined meaningful and capital generation plan particularly to and earnings business stock with subject share any shareholders performance, regulatory we of to considering to $XXX When and million execute the $XXX our $XXX well plan to capital today, the shareholders. of as our continue is quarter, deliver position common to We by robust Synchrony market of and In conditions second million our positioned business, our capital our returned guided through capital our dividends. repurchases million returns restrictions. capital existing
our remaining for XXXX the authorization As of quarter period was share ending billion. end, repurchase total $X.X June
increases outlook, and slowing actions, rate of is XXXX, assumptions: continued from these year interest presentation during following summarized no higher conditions which resulting economy qualitative full macroeconomic additional the tightening our incorporates on XX from let's XX measures, and pandemic. impacts the inflationary review a Slide our Finally,
to broad-based volume. continue strength purchase and anticipate We
purchase on moderate. moderates, a volume As consumer rate we and lag, payment to declines also savings growth expect while
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the full year. We expect net our
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credit also reflects outlook offset the as credit anticipated expect primary margin fees will in increase of Higher driven interest the be interest impact approximately interest full half. in in impact reversals by net as rising as moderation. To that movement the first rates year, partially reflecting well performance fees funding. of rate benchmark net for and normalizes payment of the Our and by rates strong and we on of experienced end, the now the the impact charge-offs X.XX% benchmark we the
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be growth, charge-offs RSA for full continue approximately volume as the now absent XXXX should but to We change builds net the be purchase percent to year. in a rise. moderate the robust continue impact RSA to receivables to expect We performance expect to of as will a reserve continue meaningful of X.XX% generally loan asset-driven average reflect in environment. macroeconomic expense program strong and
are other of gain excludes the to expect to continue quarterly reinvesting expense, billion. be terms on This $XXX In million the sale year. business we impact outlook our levels this we in of $X.XX approximately that
best proceeds of deployed or be revenue the additions of the we moderate investments. opportunity will tracking our is appropriate, that while leverage. might for that ahead receivables the operating such is on or $XX remain year. discretionary long-term full be remaining to gain still spending. expect $XX reminder, such will we expense second lower prioritizing full Examples in where spending to the our for the growth year, workforce to growth To not sale the million XQ deploy committed delivering the gain million million a EPS the positive and the As half, in $XX to neutral We other reinvestments in the extent of reducing
Synchrony strength we as operating conclude, progress of So position through XXXX. to from is a
I'll returns, to to in risk-adjusted risk-adjusted the growth his change. conditions We to over if resilient are thoughts. range now sustainable, our turn business' attractive back ability and of even confident for deliver peer-leading call continue market Brian closing
