FedEx (FDX) Stock Jumps 7% Following Q2 'Beat and Raise'

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FedEx Corp. Reports Higher Second Quarter Operating Income

December 16, 2021 4:02 PM EST

Operating Income of $1.6 Billion, Up 9% Year Over Year; Up 11% on an Adjusted Basis

New $5 Billion Share Repurchase Program Authorized, Including $1.5 Billion Accelerated Share Repurchase Program

MEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX) today reported financial results for the quarter ended November 30.

Our operating income increased during the quarter, thanks to the enormous efforts of our team members. We are nearing the finish line of another robust peak shipping season, and we salute our more than 600,000 team members worldwide for their dedication in delivering the holidays to... More