News / FedEx numbers and its tepid market outlook disappoint Wall Street

FedEx Ground Photo 143836619 © Andreistanescu Dreamstime.com

21/06/2023

The latest earnings numbers from FedEx were greeted on Wall Street with a drop in its stock value in after-hours trading, despite management holding course through the choppy waters of the quarter ended 31 May.

Over the previous two quarters, FedEx efforts to slash costs and ...

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