FedEx profit rises on e-commerce boost -Breaking
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© Reuters. FedEx vehicles are driven through Manhattan, New York City (USA), September 3, 2021. REUTERS/Andrew Kelly(Reuters] – FedEx Corp. (NYSE:) saw a greater quarterly profit as the U.S. parcel delivery company benefited greatly from online shopping boom.
From $939m, the adjusted net income of Memphis’ company for its fiscal third quarter was $4.59 per share. It had been $3.47 per shares a year ago.
The quarter’s revenue grew by 9.8% to $23.6 million.
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