Home / FedEx / FedEx Pulls Back Its Guidance

FedEx Pulls Back Its Guidance

MEMPHIS, Tenn. (TheStreet) — FedEx has cut back its current quarter guidance due to severe weather and rising fuel prices. The company cut guidance by 25 cents. “We experienced significant network disruptions in the U.S. and Europe and unusually high costs from severe winter storms,” said CFO Alan Graf, in a prepared statement. “In addition, fuel prices continued to escalate since we provided …

More: continued here

About admin

Check Also

Amazon.com will stop shipping to Australia from July 1 | afr.com – The Australian Financial Review

The Australian Financial Review Amazon.com will stop shipping to Australia from July 1 | afr.comThe …

Leave a Reply

Your email address will not be published. Required fields are marked *