FedEx Reports Increases in Revenue, Income

FedEx yesterday reported that fiscal fourth quarter revenue was up 11% to $4.9 billion while operating income increased 9% to $426 million and net income by 11% to $245 million. For the full fiscal year, FedEx said revenue was up 9% to $18.3 billion, operating income was up 5% to $1.2 billion and...

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