The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
It wasn’t a strong report, and lower demand for premium services contributed to the disappointment. Industrial customers are ...
FedEx (NYSE:FDX) missed FQ1 profit and sales expectations and dropped its outlook for FY25, driving shares sharply lower in ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
FedEx reported drops in operating income and revenue during its first quarter of Fiscal Year 2025. In the Memphis-based ...
FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...
FedEx lowered its revenue and earnings outlook for fiscal 2025. The company's fiscal first-quarter results missed analysts' ...
FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer ...
The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
STORY: FedEx shares tumbled almost 11% in U.S. after-hours trade on Thursday. The plunge came after the delivery giant ...