We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.2 billion as of fiscal year-end 2024, which ended May, similar to levels posted in fiscal 2023 and fiscal 2022 ...
FedEx has switched from downsizing to incrementally growing its air cargo fleet by ordering large 777 freighters and ...
Wall Street analysts slashed their price targets for FedEx stock after the company cut its profit outlook for the year due to ...
FedEx CFO John Dietrich said he assumes the macroeconomic environment won't significantly improve through the first half of ...
FedEx reported higher revenue and operating income in the third quarter than last year but says shipping business could slow this quarter because of weakness and uncertainty in manufacturing.
FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in ...