FedEx Earnings Report to Detail How It Deals With Lower Demand

by | Sep 22, 2022 | Business

Listen to article(2 minutes)FedEx said a slowdown in the global economy has hurt its business. Investors, analysts and customers said they are seeking clarity on how much the company’s own operating strategies are contributing to the problem and how it will respond.The carrier is due to report its first-quarter earnings after U.S. stock markets close Thursday, a week after cutting its full-year financial outlook and revealing that package-delivery volumes in Europe, Asia and the U.S. were weaker than it expected in recent months. 

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