FedEx Posts Growth, Subdued Outlook Amid Tariffs, Inflation
FedEx FDX 0.12%increase; green up pointing triangle had a higher top and bottom line in the fiscal fourth quarter, but shared a mixed outlook for the current quarter amid tariff and inflation challenges.
The package-shipping company on Tuesday posted a profit of $1.65 billion, or $6.88 a share, in the quarter ended May 31, compared with $1.47 billion, or $5.94 a share, a year earlier.
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