FedEx earnings miss could signal a slowing economy
WEB1 day ago · Published 11:08 AM EDT, Fri September 20, 2024. Link Copied! FedEx trimmed its outlook for the upcoming second quarter after a weaker-than-expected earnings report. STAR MAX/AP. CNN —. FedEx ...
FedEx Reports First Quarter Diluted EPS of $3.21 and Adjusted …
WEB2 days ago · FedEx Seamlessly Transitioned to One FedEx at the Start of Fiscal 2025 $1 Billion Share Repurchase Completed During Quarter Full-Year Fiscal 2025 Earnings Outlook Range Narrowed FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the first quarter ended August 31 (adjusted measures exclude the item listed below): Fiscal 2025 Fiscal 2024 As Reported (GAAP) Adjusted ...
Why Q1 was a 'challenging quarter' for FedEx and what's next for …
WEB3 days ago · In the Memphis-based shipping giant's quarterly report released Thursday, FedEx said revenue dipped slightly to $21.6 billion from $21.7 billion in the same quarter last year, and its reported ...
FedEx quarterly profit disappoints as demand for speedy delivery …
WEB2 days ago · FedEx's unprofitable USPS air contract, which accounted for about $1.75 billion in revenue to FedEx during the postal service's latest fiscal year, will end on Sept. 29. UPS picked up that business.
FedEx newsroom
WEBMay 29, 2024 · FedEx Announces Expansion of FedEx Fulfillment With Nimble Alliance. Sep 5, 2024. FedEx makes a strategic investment in Nimble to scale the FedEx Fulfillment offering across North America. Global (English)
FedEx Launches the fdx Platform
WEB3 days ago · MEMPHIS, Tenn., September 18, 2024 – FedEx Corporation (NYSE: FDX) today announced that fdx.com is now live and available to FedEx customers in the U.S. fdx is a data-driven commerce platform that leverages powerful FedEx network insights to connect the entire customer journey—making it easier for companies to grow demand, increase conversion, optimize fulfillment, and streamline returns.
FedEx shares jump after hours as massive cost-cutting measures …
WEBJun 25, 2024 · FedEx shares jumped 15% after hours as the company begins to bear the fruits of its $4 billion cost-cutting plan.
FedEx Announces Planned Consolidation of Operating Companies
WEBNew operating structure will create even greater flexibility, efficiency, and intelligence to unlock value for customers, team members, and stockholders. Company hosts DRIVE Investor Event to provide further detail on progress toward $4 billion in benefits from transformation. Announces 10% dividend increase.
FedEx consolidation: What we know about restructuring plan
WEBApr 5, 2023 · FedEx has announced a series of cost-cutting measures over recent months due to continually decreasing demand and high operating costs with Wednesday’s news being the latest one. The new single...
FedEx’s stock soars toward a 3-year high after a profit beat, $5 ...
WEBMar 22, 2024 · FedEx Corp.’s stock soared Friday, after the logistics company beat profit expectations, announced a new $5 billion share repurchase program and said it would continue to cut costs and trim its...
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