News / 'Challenging' third quarter for FedEx as 'tough operational winter' hits revenue

20/03/2019

FedEx has announced disappointing results following a “challenging” third quarter.

As chairman and chief executive Fred Smith noted, the full-year plan had envisaged $6bn in revenue growth – but this was downgraded to $4.5bn, “mostly due to lower economic growth in international regions”.

Reported revenue for Q3 ...

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