FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer ...
FedEx (NYSE:FDX) missed FQ1 profit and sales expectations and dropped its outlook for FY25, driving shares sharply lower in ...
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 came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
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 ...