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ground ser
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2023 Q2
21 Dec 22
FedEx Ground, where, despite volume being down 9% in the quarter
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2023 Q2
21 Dec 22
FedEx Express segment $10,864 $11,605
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8-K
20 Dec 22
Second quarter fiscal 2022 net income included a pre-tax, noncash MTM net loss of $260 million ($195 million, net of tax, or $0.73 per diluted share) related to the termination of a TNT Express European pension plan and a curtailment charge related to the U.S. FedEx Freight pension plan.
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8-K
20 Dec 22
Commitments
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10-Q
2023 Q1
11 Dec 22
expecting revenue of between $23.5 billion to $24 billion in the fiscal second quarter, and adjusted earnings per share, excluding costs related to business optimization and realignment initiatives of $2.75 or greater in the second quarter.
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2023 Q1
11 Dec 22
plan to repurchase $1.5 billion of stock in fiscal 2023.
We expect to purchase $1 billion in the second quarter.
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2023 Q1
11 Dec 22
we have reduced our forecast for capital spend for fiscal 2023 to $6.3 billion compared to our prior $6.8 billion forecast.
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2023 Q1
11 Dec 22
Starting with fiscal year ‘23, we are prioritizing cost actions to generate $2.2 billion to $2.7 billion of savings, of which about $1 billion will be permanent.
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2023 Q1
11 Dec 22
our service at Ground as we head here into the peak season for e-commerce.
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2023 Q1
27 Sep 22
Asia and here in the United States is two things, is their demand actually wasn’t there and our customers missed their own forecasts.
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2023 Q1
27 Sep 22
consumer spending has slowed as inflation remains a challenge
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2023 Q1
27 Sep 22