FedEx Cuts Sales Forecast on Weak Demand, Shares Drop Sharply

News Analysis FedEx expects lower sales and earnings for the remainder of fiscal year 2025 due to weak demand for business-to-business services, reduced weight per shipment, and fewer shipments. Its shares dropped sharply on Wall Street during morning trading on March 21. FedEx often keeps Wall Street on its toes with its earnings reports. In […]