FedEx Forecasts Profit Below Estimates as Demand Weakens
FedEx Corp. gave a 2024 profit outlook below analyst expectations as a drop in package demand offsets CEO Raj Subramaniam’s $4 billion cost-cutting plan.
FedEx Corp. gave a 2024 profit outlook below analyst expectations as a drop in package demand offsets CEO Raj Subramaniam’s $4 billion cost-cutting plan.
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