FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue in 1Q -- Update
FedEx cut its outlook after posting lower profit and revenue in its fiscal first quarter after weaker-than-expected demand, particularly in the U.S. domestic package market, dragged down its results. Shares fell 8% to $300.39 a share in after-hours trading on Thursday. The stock was up 19% this year at market close.
FedEx attributed the poor results to higher operating expenses, a reduced demand for priority services and a single fewer ...
Former Memphis officer Emmitt Martin III testified that he and his fellow officers lied about the fatal police beating of ...
MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — FedEx Corp. (FDX) on Thursday reported fiscal first-quarter net income of $794 million. On a per-share basis, the Memphis, Tennessee-based company said it ...
Leadership Memphis/Volunteer Memphis recognized FedEx for our commitment to volunteerism and to making a positive impact in ...
FedEx is scheduled to report its fiscal first-quarter results after the bell on Thursday. Here's what you need to know: EARNINGS: The package-shipping company is expected to post per-share earnings of ...
Three officers face federal civil rights charges in the death of Mr. Nichols in a trial underway in Memphis. By Emily Cochrane Reporting from Memphis The graphic footage of a group of Memphis ...
The Memphis Grizzlies will have their first jersey patch partner since 2021 after agreeing to a multi-year deal with ...
With the return of the FedEx St. Jude Championship, one of the most visible stamps that makes it so uniquely Memphis will ...
Negative headlines about Memphis are all too frequent for Steve Juma's liking ... MAKING A DIFFERENCE: This Bartlett man is ...
FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback