Good day, and welcome to the FedEx fiscal year 2025 first quarter earnings call. All participants are in listen-only mode.
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
FedEx Corp ( NYSE:FDX) has implemented significant new pricing actions, including demand and fuel surcharges, which are ...
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
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The weekly inflation hit a record 48.35pc year-on-year in early May 2023. It then decelerated as low as 24.4pc in late August 2023 before surging past 40pc during the week ending Nov 16, 2023.
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If management's predictions are accurate, the company is in for a period of sustained growth.