FedEx Corporation : Valued at ten-year lows - InvestingChannel

FedEx Corporation : Valued at ten-year lows

While expectations for fiscal year 2024 have been revised upwards, in the immediate term, quarterly sales are down $1.6 billion on the same time last year.
However, operating profit rose by $294 million, thanks to the effects of restructuring in the Ground Services segment – the parcel and less-tha…
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