The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
FedEx and its competitors are still adapting to a world without as much online shopping, and Subramaniam has had to make ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
FedEx reported a sharp decline in quarterly profits and lowered its full-year revenue forecast as customers shifted from ...
U.S. stock index futures dipped on Friday following a strong rally, fueled by the Federal Reserve's recent interest rate cut.
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...