FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
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Hold rating with short-term gain potential, but long-term investment remains unattractive. Explore more details here.
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Darden Restaurants, Inc. (NYSE:DRI) shares are trading higher. The company reported first-quarter financial results today.
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Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period.
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FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...