FedEx announced its strategic vision through 2029, aiming for $98 billion in revenue and $6 billion in adjusted free cash flow by prioritizing growth in high-margin sectors, expanding digital and AI capabilities, and optimizing its network. The company also provided a third fiscal quarter update, expecting adjusted earnings per share to exceed consensus, and confirmed its FedEx Freight spin-off is on track for June 1, 2026. These initiatives are designed to create a more flexible, efficient, and intelligent network, driving significant profit improvement and stockholder value.
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FedEx bets on smarter supply chains in $98B growth plan to 2029
FedEx announced its strategic vision through 2029, aiming for $98 billion in revenue and $6 billion in adjusted free cash flow by prioritizing growth in high-margin sectors, expanding digital and AI capabilities, and optimizing its network. The company also provided a third fiscal quarter update, expecting adjusted earnings per share to exceed consensus, and confirmed its FedEx Freight spin-off is on track for June 1, 2026. These initiatives are designed to create a more flexible, efficient, and intelligent network, driving significant profit improvement and stockholder value.