FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx attributed the poor results to higher operating expenses, a reduced demand for priority services and a single fewer ...
MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — FedEx Corp. (FDX) on Thursday reported fiscal first-quarter net income of $794 million. On a per-share basis, the Memphis, Tennessee-based company said it ...
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The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.
FedEx cut its outlook after posting lower profit and revenue in its fiscal first quarter after weaker-than-expected demand, particularly in the U.S. domestic package market, dragged down its results.
FedEx is scheduled to report its fiscal first-quarter results after the bell on Thursday. Here's what you need to know: EARNINGS: The package-shipping company is expected to post per-share earnings of ...
Andrew Graham, managing partner at Jackson Square Capital, shares his take on FedEx's latest financial results and its ...
FedEx and its competitors are still adapting to a world without as much online shopping, and Subramaniam has had to make ...
FedEx is undergoing a significant transformation under CEO Raj Subramaniam, aiming to cut costs. Read why I upgrade FDX stock ...