FedEx Corporation (NYSE: FDX) reported first-quarter 2022 earnings results today.
Total revenues increased to $22 billion from $19.3 billion in the same period a year ago.
The company reported a GAAP net income of $1.11 billion, or $4.09 per share, compared to $1.25 billion, or $4.72 per share, in the year-ago quarter.
Adjusted net income was $1.19 billion, or $4.87 per share.
For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected
Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales
Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to