C. H. Robinson Worldwide (CHRW) Misses Q2 EPS by 1c

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C.H. Robinson Reports 2023 Second Quarter Results

August 2, 2023 4:05 PM EDT

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- C.H. Robinson Worldwide, Inc. (C.H. Robinson) (Nasdaq: CHRW) today reported financial results for the quarter ended June 30, 2023.

Second Quarter Key Metrics:

Gross profits decreased 35.9% to $656.7 million Income from operations decreased 71.8% to $132.6 million Adjusted operating margin(1) decreased 2,560 basis points to 19.9% Diluted earnings per share (EPS) decreased 69.7% to $0.81 Adjusted EPS(1) decreased 64.3% to... More