"US economic barometer" FedEx (FDX.US) operating profit increased by 31%, raising performance outlook
Wisdom Financial News app learned that Federal Express Corporation (FDX.US), also known as the "barometer of the U.S. economy", unexpectedly raised the lower limit of its full-year profit and sales outlook range, indicating that with the continuous improvement of domestic demand in the United States, the company's efforts to reduce costs and streamline its logistics and delivery network are paying off. For a long time, Federal Express has been regarded by analysts and investors as a "barometer/indicator/economic pendulum" of the U.S. and even global economy, so Federal Express's stronger-than-expected performance and future outlook undoubtedly highlight the increasing likelihood of the U.S. economy achieving a so-called "soft landing" in 2026.
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