- Execs with FedEx (FDX) laid out the case that the future is very bright for the company during a wide-ranging post-earnings conference call this morning.
- One of the biggest takeaways from the commentary was that the operating margin decline in FQ2 was largely due to timing of Cyber Week this year which pushed the results into FQ3.
- The company also highlighted the investment it will make in three to five more hubs for ground delivery. FedEx expects a high ROIC off the spend.
- Earnings call transcript
Highlights from FedEx's earnings call
Dec 18 2013, 11:37 ET