FedEx revenue falls 10.2% in Q4
Company expects DRIVE to create savings of $1.8B next year
FedEx revenue fell 10.2% year over year to $21.9 billion in the fourth quarter this year compared with $24.4 billion in Q4 2022. In fiscal 2023, FedEx saw revenue of $90.2 billion, a 3.6% drop from 2022’s revenue of $93.5 billion. In its Q4 earnings released today, FedEx’s operating margins for Q4, from March 1 […]
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