FedEx outlines $2.7 bn cost-cut plan after profits slide
The company reported that earnings per share fell 21.3% for the quarter ended Aug. 31, in line with the warning it delivered last week
Source: businesstoday.in
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The company reported that earnings per share fell 21.3% for the quarter ended Aug. 31, in line with the warning it delivered last week
NEW YORK, Dec 17 ― The US courier giant FedEx reported higher than expected turnover and profit yesterday, despite rising labour costs, and raised its earnings forecast for the year. Although lockdowns and restrictions are no longer in place in the United States, e-commerce continues to grow,...