Post&Parcel--Second quarter revenue stood at $9.63bn, up from $8.6bn the previous year. The company recorded operating income of $469m, down 18% from $571m last year.
Meanwhile, FedEx’s operating margin was announced at 4.9%, a decrease from 6.6% the previous year. Net income for the quarter was also down 18% from $345m to $283m.
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Meanwhile, FedEx’s operating margin was announced at 4.9%, a decrease from 6.6% the previous year. Net income for the quarter was also down 18% from $345m to $283m.
Read more!