FedEx maps out strategy to increase earnings, operating income

By , Daily Memphian Published: June 29, 2022 8:24 PM CT

New CEO Raj Subramaniam faces soaring inflation, increasing competition from Amazon and an activist investor demanding shakeups to the board, but plans to grow earnings per share by as much as 19% over the next three years, as well as increase operating income by as much as $4.5 billion. 

Topics

FedEx Raj Subramaniam FedEx Ground FedEx Freight Brie Carere FedEx Express
Rob Moore

Rob Moore

Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.


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