Supply chain radar: FedEx’s breaking bad moment

December 19, 2018 Alessandro Pasetti

The interim results of FedEx (FDX), which reported after the bell on Tuesday, confirmed what we knew already: it’s bad out there.
Just how bad, though?
Daily chats 
Squeezed between more expensive growth and a slew of other competitive hurdles, FedEx’s easier choice is to cut costs (which it is doing) while placing less emphasis, in my view, on unadjusted non-GAAP numbers, while perhaps also ditching guidance, which was heavily cut this week.
Talking of FedEx expectations ...

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