Comment / FedEx – mind the $1bn headwind

headwinds
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The last call of the year, as usual, was held by the FedEx management team after yesterday’s release of fiscal Q2 numbers to 30 November.

One word dominated the event: headwinds.

(Not that different from the ’Showtime’ update at the end of fiscal Q1…)

Yet FedEx is delivering… 

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