17/03/2023
FedEx Q3 revenue down 6%, operating income drops 20%
17/03/2023
Operating income declined 20% to $1.2 billion, negatively affected by the effects of global inflation, partially offset by U.S. domestic yield improvement and cost-reduction actions. Net income declined 28% to $865 million.
17/03/2023
We’ve continued to move with urgency to improve efficiency, and our cost actions are taking hold, driving an improved outlook for the current fiscal year: Raj Subramaniam, FedEx
 Subscribe Now
17/03/2023
FedEx Express operating results declined due to lower global volumes, partially offset by a 3% increase in revenue per package
17/03/2023
Our improved earnings outlook demonstrates confidence in our ability to execute while managing the continued global volume softness we are experiencing across the business: Mike Lenz, FedEx
17/03/2023
Click here to read more.
Click Here For More Stories