FedEx leadership uncertain about 2026 outlook
A moment of reflection for FedEx founder Fred Smith opened the company’s annual earnings call Tuesday, June 24.
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A moment of reflection for FedEx founder Fred Smith opened the company’s annual earnings call Tuesday, June 24.
The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
Tuesday’s earnings call is expected to focus on how effective the company’s sweeping cost-cutting initiatives announced in September have been so far.
COVID-19, trade wars and efforts to increase efficiency and lower costs in residential deliveries are expected to be front and center when FedEx reports fiscal 2020 and quarterly earnings.
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