FedEx is the latest company to sound the alarm on the U.S. economy
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FedEx has lowered its fiscal 2025 profit outlook for the third consecutive quarter, citing continued weakness in the U.S. industrial economy. The company expects sales to be flat to slightly down, and adjusted profit expectations have been reduced from $19-$20 to $18-$18.60 per share.
March 20, 2025 | 9:00 pm
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FedEx reduced its profit expectations and sales forecast, reflecting weakening business-to-business demand and broader industrial economy challenges.
The company's reduced profit outlook and weak economic signals suggest potential negative short-term stock performance due to decreased investor confidence and potential earnings challenges.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100