{"filings":[{"id":1581516,"accession_number":"0001104659-26-082672","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-07-10T20:29:07+00:00","items":["8.01","9.01"],"status":"ready","headline":"FedEx announces early tender results for $4.15B cash tender offers; to accept notes up to priority level 13","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["FedEx will accept full amount of notes with Acceptance Priority Levels 1-12 and a portion of 5.100% Notes due 2044 (proration factor ~41.3%).","Notes with priority levels 14-19 (3.100% due 2029, 5.250% due 2050, etc.) will not be accepted.","Purchase price funded by ~$4.1B dividend from FedEx Freight spin-off plus cash on hand; early settlement expected July 14, 2026.","No final settlement date; no notes tendered after early tender time will be accepted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1259396,"accession_number":"0001104659-26-077558","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-06-25T12:38:25+00:00","items":["8.01","9.01"],"status":"ready","headline":"FedEx launches $4.15B cash tender offer for 19 note series using Freight spin-off dividend","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Fedex commences tender offers to purchase up to $4.15B aggregate principal (excl. accrued interest) of 19 outstanding note series.","Offers funded by ~$4.1B cash dividend from FedEx Freight spin-off (completed June 1, 2026) plus cash on hand.","Early tender premium of $30 per $1,000 principal; early tender deadline July 9, 2026; final expiration July 24, 2026.","Acceptance priority levels per series; no financing condition; settlement expected July 14 (early) and July 28 (final).","Goldman Sachs, JPMorgan, BofA, Citi, Wells Fargo lead dealers; Morgan Stanley and Scotia co-dealers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1222116,"accession_number":"0001048911-26-000050","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-06-23T20:07:29+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q4 revenue $25B (+12.6% YoY), adjusted EPS $6.31; FY2026 revenue $94.7B; Freight spin-off closed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $25.0B vs $22.2B YoY; GAAP diluted EPS $6.60, adjusted $6.31.","Full-year fiscal 2026 revenue $94.7B, adjusted diluted EPS $20.24, operating income $6.61B.","FedEx Freight spin-off completed June 1; FedEx received $4.1B cash dividend.","Capital spending $3.8B (lowest % of revenue in history); returned $2.2B via buybacks and dividends.","CY2026 outlook: revenue growth ~11%, adjusted EPS $16.90-$18.10, capex $3.9B."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":919278,"accession_number":"0001104659-26-071411","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-06-08T20:34:35+00:00","items":["5.02","9.01"],"status":"ready","headline":"FedEx elects Mark A. Edmunds to board as Audit Chair; Silvia Davila resigns","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mark A. Edmunds elected to FedEx board effective June 8, 2026; will chair Audit and Finance Committee and serve on Cyber and Tech Oversight.","Edmunds is retired vice chairman and senior partner of Deloitte; also serves on Westrock Coffee board, previously Chesapeake Energy.","Silvia Davila resigned effective June 8, 2026 due to change in principal employment; no disagreement cited.","Edmunds receives prorated compensation: RSU target $60,450, annual retainer $43,400, Audit Chair payment $9,300."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":759076,"accession_number":"0001104659-26-068519","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-06-01T10:42:52+00:00","items":["1.01","2.01","5.02","8.01","9.01"],"status":"ready","headline":"FedEx completes spin-off of FedEx Freight; 80.1% distributed to FDX stockholders","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each FDX stockholder received 1 FDXF share per 2 FDX shares held as of May 15, 2026; fractional shares paid in cash.","FedEx retains 19.9% of FDXF; plans to dispose within 24 months via debt repayment or distributions.","FedEx Freight paid $4.1B pre-spin dividend to FedEx, funded by $3.7B notes and a delayed-draw term loan.","Stephen Gorman resigned from FedEx board and John Smith resigned as COO US/Canada to join FDXF leadership.","Transition, tax, employee, IP, trademark, and registration rights agreements govern post-spin relationship."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":610436,"accession_number":"0001104659-26-065767","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-05-22T20:33:07+00:00","items":["8.01"],"status":"ready","headline":"FedEx to redeem EUR 354.9M of 1.300% Notes due 2031 on May 28, 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["FedEx issued full redemption notice for EUR 354,878,000 of 1.300% Notes due 2031 (CUSIP 31428XBX3).","Redemption price is EUR 358,619,289.16, including EUR 3,741,289.16 accrued interest.","Redemption date is May 28, 2026; notes traded as FDX 31 on NYSE."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":499396,"accession_number":"0001104659-26-063198","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-05-18T20:15:24+00:00","items":["5.02"],"status":"ready","headline":"FedEx CAO Erwin resigns effective May 31; Russ named interim CAO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Guy M. Erwin II resigns as CAO effective May 31, 2026 to join FedEx Freight as SVP–CAO.","Claude F. Russ, Enterprise VP Finance and interim CFO, appointed interim CAO effective June 1, 2026.","Erwin's resignation not due to any disagreement on financial controls, statements, or policies.","Board seeks permanent successor for CAO role; Russ will serve until appointment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":68001,"accession_number":"0001104659-26-060233","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-05-13T20:06:11+00:00","items":["8.01","9.01"],"status":"ready","headline":"FedEx Board approves spin-off of FedEx Freight; distribution ratio 1:2; trading starts June 1","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sec declared effective Form 10 for FedEx Freight on May 11, 2026.","Board declared pro rata dividend of 80.1% of FDXF shares; record date May 15, 2026.","FedEx stockholders get 1 share of FDXF for every 2 FDX shares held; FDXF to trade on NYSE under symbol FDXF from June 1, 2026.","FedEx will retain 19.9% of FDXF shares and dispose within 24 months via debt repayment or distributions.","FedEx Freight to pay $4.1B cash dividend to FedEx pre-separation; FedEx to redeem €354.9M 1.300% notes due 2031 on May 28, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90885,"accession_number":"0001104659-26-058006","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K/A","filed_at":"2026-05-08T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"CFO John W. Dietrich to depart June 1; separation includes $2.2M cash payment","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dietrich steps down as EVP & CFO effective June 1, 2026; employment ends July 31, 2026.","Lump sum cash payment of $2,209,276 (1x base salary + target bonus) paid by Aug 31, 2026.","Two-year non-compete covering UPS, DHL, USPS, Amazon; mutual non-disparagement agreement.","Equity: vested stock options exercisable, restricted stock vests, performance stock units forfeited.","Company pays transition services and reimburses 2026 tax return preparation costs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90886,"accession_number":"0001104659-26-042617","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-04-13T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"FedEx CFO John W. Dietrich to step down June 1; Claude F. Russ named interim CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John W. Dietrich will step down as EVP & CFO on June 1, 2026, and leave the company on July 31, 2026.","Departure is not the result of any disagreement with the company regarding financial controls, operations, or practices.","Claude F. Russ, currently Enterprise VP, Finance, appointed Interim CFO effective June 1, 2026, retaining his current role.","Company will conduct internal and external search for permanent successor; separation agreement expected.","Russ will receive additional compensation of $25k/month and $50k RSU grant for interim CFO role."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100726,"accession_number":"0001048911-26-000010","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-03-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q3 adjusted EPS $5.25 beats, raises full-year outlook, Freight spin-off on track for June 1","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $24.0B vs $22.2B YoY; GAAP diluted EPS $4.41, adjusted $5.25 (up from $4.51).","Raises FY2026 adjusted EPS forecast to $19.30-$20.10 (prior $17.80-$19.00); revenue growth outlook raised to 6-6.5%.","FedEx Freight spin-off on track for June 1, 2026; completed $3.7B senior notes, Investor Day April 8.","Conditional all-cash offer for InPost at €15.60/share with partners; expected close H2 2026, accretive first year.","Federal Express segment ops improved; Freight segment down on spin-off costs, lower shipments."],"consensus_eps_estimate":null,"consensus_eps_actual":11.91,"consensus_revenue_estimate":null,"consensus_revenue_actual":69713000000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100725,"accession_number":"0001104659-26-027156","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"FedEx adjusts LTI plans for Spin-off and fiscal year change: actual performance through FY26, target thereafter","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Measure actual performance through end of FY26 (May 31, 2026) using original goals; target for remainder of plan periods.","FY25–FY27 LTI: payout based 67% actual (FY25-26) and 33% target (FY27).","FY26–FY28 LTI: payout based 33% actual (FY26) and 67% target (FY27-28).","Amendments effective for all participants including NEOs, triggered by planned FedEx Freight spin-off on June 1, 2026 and fiscal year change to Dec 31.","No changes to performance metrics or payout opportunities other than this adjustment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100724,"accession_number":"0001104659-26-012106","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-02-09T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FedEx to join consortium in €15.60/share all-cash offer for InPost S.A.; $2.6B investment for 37% stake","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Consortium includes FedEx (37%), Advent (37%), A&R Investments (16%), PPF (10%); InPost remains standalone.","Offer price €15.60 per share (cum dividend); FedEx's investment valued at approximately $2.6 billion.","Closing subject to customary regulatory approvals; FedEx to fund from cash, existing or new liquidity sources.","Post-completion, FedEx and InPost plan to enter arm's-length commercial agreements to leverage complementary strengths."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100723,"accession_number":"0001104659-26-011069","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["8.01","2.03","9.01"],"status":"ready","headline":"FedEx Freight issues $3.7B senior notes in four tranches; parent guarantees until spin-off","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$1B 4.300% notes due 2029, $1B 4.650% due 2031, $700M 4.950% due 2033, $1B 5.250% due 2036 issued Feb 5, 2026.","Notes are senior unsecured obligations of FedEx Freight Holding; initially guaranteed by FedEx Corp and FedEx Freight Inc.","FedEx Corp guarantee will be automatically released upon completion of planned spin-off distributing ≥80.1% of FedEx Freight common stock.","Interest payable semi-annually on March 15 and September 15, starting September 15, 2026.","Issued under Rule 144A and Regulation S; registration rights agreement for exchange or shelf registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100722,"accession_number":"0001104659-26-007986","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-01-29T23:59:59+00:00","items":["2.05","5.02","9.01"],"status":"ready","headline":"FedEx France restructuring: up to 500 job cuts, $175M-$275M costs; names new COO for US/Canada","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["FedEx France proposes reducing stations from 103 to 86; up to 500 operational positions cut, 800 affected.","Pre-tax costs estimated at $175M-$275M (cash) through fiscal 2028; €78M investment in new infrastructure and scanning tech.","Scott L. Ray appointed COO US & Canada - Elect (Feb 1, 2026), full COO (June 1); John A. Smith to lead FedEx Freight post spin-off.","Restructuring subject to consultation with French social partners; no changes to CDG international hub."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100721,"accession_number":"0001104659-26-004325","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2026-01-16T23:59:59+00:00","items":["1.01","2.03","5.02","9.01"],"status":"ready","headline":"FedEx Freight secures $1.8B in credit facilities for spin-off; director resigns to join Freight board","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["FedEx Freight entered a $1.2B revolving credit facility (incl. $50M LC sub-facility) and a $600M term loan on Jan 15, 2026.","Proceeds to finance a cash distribution to FedEx and pay spin-off fees; facilities conditioned on spin-off consummation.","Director Stephen E. Gorman resigned from FedEx board effective upon joining FedEx Freight board after spin-off; no disagreements.","Revolving credit facility matures 5 years from closing; term loan matures 3 years after funding; no scheduled amortization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117023,"accession_number":"0001048911-25-000076","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-12-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q2 EPS $4.82 adjusted vs $4.05 YoY; raises FY revenue and EPS outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $23.5B (+6.8% YoY); GAAP EPS $4.04, adjusted EPS $4.82 (up 19% YoY).","Operating income $1.38B GAAP, $1.61B adjusted; operating margin 5.9% GAAP, 6.9% adjusted.","Raises FY26 revenue growth forecast to 5-6% (from 4-6%); adj. EPS guidance $17.80-$19.00 (from $17.20-$19.00).","FedEx Freight spin-off on track for June 1, 2026; incurred $152M spin-off costs in Q2.","Completed $276M in share repurchases in Q2; $1.3B remaining under authorization."],"consensus_eps_estimate":null,"consensus_eps_actual":7.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":45713000000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117022,"accession_number":"0001193125-25-269610","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"FedEx amends $3.5B credit facilities in preparation for Freight spin-off by June 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amended $1.75B three-year and $1.75B five-year credit agreements to facilitate planned FedEx Freight spin-off.","FedEx Freight guarantees will be released upon consummation of spin-off, expected by June 2026.","Covenant calculation excludes up to $600M in spin-off-related debt and costs from EBITDA.","Lender commitments extended to March 2028 (three-year) and March 2030 (five-year); 10bps credit spread removed.","Pricing grid margins modified; banks include JPMorgan, Bank of America, Citi, and others."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117021,"accession_number":"0001193125-25-228346","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-10-02T23:59:59+00:00","items":["5.02","5.07","8.01","9.01"],"status":"ready","headline":"FedEx approves FY26 AIC Plan, PSU grants, and stock plan amendment; say-on-pay passes with 63% support","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["FY26 AIC Plan metrics: adjusted op income (50%), structural cost cuts (25%), on-time service (25%); CEO target 200% of base salary.","One-time PSUs tied to fiscal 2028 adj. operating margin improvement over 2025; CEO target value $2,787,500; others $825,000.","Stockholders approved 2.1M additional shares for 2019 Stock Incentive Plan (2M full-value awards) with 93.1% support.","Outside director retainer unchanged at $140k; Lead Independent Director fee increased $20k to $50k; RSU grant $195k vesting one year.","Say-on-pay advisory vote passed 63.3% in favor; independent chairman proposal rejected 57.3%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133458,"accession_number":"0001048911-25-000042","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-09-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q1 GAAP EPS $3.46, adjusted $3.83; revenue $22.2B, up 2.8% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $0.82B, adjusted net income $0.91B; operating margin 5.3% GAAP, 5.8% adjusted.","Federal Express segment improved on higher yields and cost cuts; Freight segment declined on lower revenue and higher wages.","Completed $500M share repurchases (2.2M shares); $1.6B remaining under authorization.","Spin-off of FedEx Freight on track for June 2026; confidential Form 10 filed, IRS ruling requested.","FY2026 outlook: adj. EPS $17.20-$19.00; revenue growth 4-6%; capex $4.5B; permanent cost cuts $1B."],"consensus_eps_estimate":4.1768,"consensus_eps_actual":3.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":22244000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133454,"accession_number":"0001193125-25-178556","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K/A","filed_at":"2025-08-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"FedEx EVP Chief Digital Officer Krishnasamy departs; separation deal includes $3.27M cash","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Krishnasamy stepped down as EVP Chief Digital and Information Officer effective July 17, 2025; will serve as Executive Advisor until Oct 31, 2025.","Separation cash payment of $3,272,711 (24 months base pay + 150% of FY2025 AIP target) to be paid on or before Sept 30, 2025.","Unvested equity awards (stock options and restricted stock) accelerated to vest on separation date; no future annual or long-term incentive payments.","Agreement includes 2-year non-compete covering UPS, DHL, USPS, Amazon; non-solicitation of employees and customers.","Company states Krishnasamy successfully delivered $4B DRIVE structural cost reduction target and led FedEx Dataworks digital transformation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133457,"accession_number":"0001104659-25-072164","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-07-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"FedEx issues €500M 3.5% notes due 2032 and €350M 4.125% notes due 2037","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued €500M aggregate principal of 3.500% Notes due 2032 on July 30, 2025.","Issued €350M aggregate principal of 4.125% Notes due 2037 on July 30, 2025.","Notes issued under Supplemental Indenture No. 17 dated July 30, 2025.","Proceeds not specified; filing incorporates notes into existing S-3 registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133456,"accession_number":"0001104659-25-070392","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"FedEx issues €850M in two tranches: 3.500% Notes due 2032 and 4.125% Notes due 2037","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["€500M of 3.500% Notes due 2032 and €350M of 4.125% Notes due 2037.","Underwriters include BNP Paribas, Goldman Sachs & Co. LLC, and J.P. Morgan Securities plc.","Underwriting agreement dated July 23, 2025; notes registered under Form S-3 shelf.","No use of proceeds stated in the filing; debt adds to FedEx's long-term obligations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133455,"accession_number":"0001193125-25-160599","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-07-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"FedEx CDIO/CTO Sriram Krishnasamy steps down effective July 17, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sriram Krishnasamy, EVP Chief Digital and Information Officer and Chief Transformation Officer, departed on July 17, 2025.","He will serve as an Executive Advisor through October 31, 2025, unless earlier agreed.","Compensation and terms of departure are being finalized; an 8-K amendment will be filed within four business days.","No successor has been announced for the CDIO and CTO roles."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150137,"accession_number":"0001048911-25-000005","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-06-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q4 adj EPS $6.07, FY25 DRIVE target met; founder Frederick Smith dies; FY26 guidance issued","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 adj diluted EPS $6.07, GAAP $6.88; revenue $22.2B; adj op income $2.02B, margin 9.1%.","FY25 adj EPS $18.19 (GAAP $16.81), rev $87.9B; achieved $2.2B DRIVE cost cuts; capex $4.1B (4.6% of rev, lowest).","Returned $4.3B to shareholders: $3.0B buybacks, $1.3B dividends; $2.1B remaining auth; dividend raised 5% to $5.80.","Founder/exec chairman Frederick W. Smith passed; CEO Subramaniam cites his visionary leadership and impact.","FY2026 guide: Q1 EPS $2.90-3.50 (adj $3.40-4.00); FY26 $1B cost cuts, $4.5B capex, pension contributions ≤$600M."],"consensus_eps_estimate":4.1462,"consensus_eps_actual":16.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":87926000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150136,"accession_number":"0001193125-25-144345","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-06-23T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FedEx founder Frederick W. Smith passes away; R. Brad Martin elected Chairman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Frederick W. Smith, FedEx founder and Executive Chairman, passed away on June 21, 2025.","Board reduced to 12 members; R. Brad Martin elected Chairman effective June 23, 2025.","Martin previously served as Vice Chairman and continues as Chairman of Audit and Finance Committee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150135,"accession_number":"0001193125-25-117791","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"FedEx board member David P. Steiner resigns to become US Postmaster General","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David P. Steiner resigned from the FedEx Board effective May 9, 2025.","Resignation follows his appointment as United States Postmaster General.","No replacement director has been announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169141,"accession_number":"0000950170-25-042661","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q3 adj EPS $4.51 vs $3.86 YoY; cuts FY25 adj EPS guidance to $18.00-$18.60 from $19.00-$20.00","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS $3.76, adjusted diluted EPS $4.51; revenue $22.2B (+2.3% YoY).","FY25 adjusted EPS outlook lowered to $18.00-$18.60 (prior $19.00-$20.00); revenue now expected flat to slightly down.","Completed $500M in share repurchases during Q3; $2.6B remains under the 2024 stock repurchase authorization.","FedEx Freight spin-off preparation progressing; DRIVE permanent cost reductions of $2.2B reaffirmed.","Q3 operating income improved on DRIVE savings and higher yields, but U.S. industrial economy weakness cited as headwind."],"consensus_eps_estimate":3.6297,"consensus_eps_actual":9.99,"consensus_revenue_estimate":null,"consensus_revenue_actual":65706000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169140,"accession_number":"0001193125-25-036894","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-02-26T23:59:59+00:00","items":["2.03","8.01","9.01"],"status":"ready","headline":"FedEx completes $10.7B bond exchange to facilitate FedEx Freight separation; removes Freight guarantee.","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["FedEx accepted $10.72B of USD notes and €940M of Euro notes in exchange for new notes with identical interest rates and maturities.","Supplemental indentures executed to automatically release FedEx Freight guarantee upon its separation from FedEx.","Consent obtained for all series except 1.300% Notes due 2031, which saw only 29.02% tender.","Settlement expected Feb 26, 2025; separation of FedEx Freight is not conditioned on the exchange offers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169139,"accession_number":"0001193125-25-022292","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"FedEx extends senior notes exchange offer to Feb 21; amends terms for four series","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Expiration date extended from Feb 6 to Feb 21, 2025 for all series of existing notes.","Amended terms for 3.875% notes due 2042, 4.050% due 2048, 4.950% due 2048, and 5.250% due 2050: no cash early participation after prior expiration.","Majority consents (over 50%) obtained for 19 series of notes; non-majority consents for 4.200% due 2028, 4.250% due 2030, 1.300% due 2031.","Exchange offers and consent solicitations are part of the planned separation of FedEx Freight into a new publicly traded company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169138,"accession_number":"0001193125-25-017263","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-01-30T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"FedEx changes fiscal year end from May 31 to December 31, effective June 1, 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved fiscal year change from May 31 to Dec 31, effective June 1, 2026.","Transition period June 1, 2026 to Dec 31, 2026 (7 months) will be reported on a Transition Report on Form 10-K.","Fiscal 2026 (June 2025-May 2026) will be a full-year report; subsequent quarters follow calendar quarters.","Quarterly reports after the change will include one-month comparable periods for transitions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169137,"accession_number":"0001193125-25-010837","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-01-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"FedEx announces early results of debt exchange offers linked to FedEx Freight spin-off","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Requisite consents received for 15 series of Majority Existing Notes (~$10.95B total); 6 Non-Majority series still below threshold.","Amended terms: later tenders of Majority Notes get $1,000 new notes/$1,000 old (no cash); Non-Majority get full consideration including cash.","Exchange offers and consent solicitations expire Feb 6, 2025; part of planned separation of FedEx Freight into new public company.","Separation not conditioned on exchange offers; none of the offers conditioned on separation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169136,"accession_number":"0001193125-25-002886","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2025-01-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"FedEx launches exchange offers for $16B+ senior notes to facilitate Freight separation","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchange offers cover 22 series of outstanding notes: $14.4B USD and €1.75B Euro total principal.","Holders tendering by Jan 22, 2025 receive $30/$970 principal per $1,000 plus $2.50 cash as early incentive.","Consents sought to automatically release FedEx Freight's guarantee upon its separation from FedEx.","Freight separation expected within 18 months; intended to be tax-free; capital structure not levered.","Each exchange offer is independent; no minimum tender required; separation not conditioned on offers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186196,"accession_number":"0000950170-24-138448","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2024-12-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q2 adjusted EPS $4.05 misses prior year, cuts FY25 outlook, plans FedEx Freight spin-off","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 GAAP diluted EPS $3.03, adjusted $4.05 vs $3.99 adjusted in prior year; revenue $22.0B flat YoY.","Revised FY25 outlook: adjusted EPS $19.00-$20.00 (down from $20.00-$21.00); flat revenue vs prior low single-digit growth.","Completed $1B share repurchases in Q2; expects additional $500M buybacks in FY25 for total $2.5B.","Board approves full separation of FedEx Freight into new publicly traded LTL company within 18 months.","DRIVE permanent cost reductions reaffirmed at $2.2B; capex $5.2B."],"consensus_eps_estimate":5.8715,"consensus_eps_actual":6.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":43546000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202830,"accession_number":"0001193125-24-224857","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2024-09-24T23:59:59+00:00","items":["5.03","5.07","8.01","9.01"],"status":"ready","headline":"FedEx shareholders approve officer liability exculpation, remove pass-through voting; director pay unchanged","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved charter amendment to limit officer liability per Delaware law (72.1% of outstanding shares for).","Stockholders approved removal of pass-through voting provision from Federal Express charter (78.0% of outstanding shares for).","All 14 director nominees elected; say-on-pay approved with 90.6% of voted shares; EY ratified as auditor for FY2025.","Outside director compensation unchanged: annual retainer $140,000; RSU grant of $195,000 per director elected at 2024 meeting.","Stockholder proposals on Just Transition report and lobbying alignment failed to pass."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202829,"accession_number":"0000950170-24-108098","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2024-09-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q1 adjusted EPS $3.60 vs $4.55 YoY; 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FedEx Custom Critical will move to Freight segment from fiscal 2025.","Recast financials show FY2024 total revenue $87.7B, operating income $5.56B, and net income $4.33B.","FY2024 diluted EPS rose to $17.41 from $15.60 in FY2023.","Business optimization costs totaled $582M in FY2024, including $218M in Q4, due to consolidation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219007,"accession_number":"0000950170-24-077290","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2024-06-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx full-year adjusted EPS $17.80, forecasts FY2025 adjusted EPS $20-$22, to review Freight role","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2024 revenue $87.7B (down from $90.2B), GAAP diluted EPS $17.21, adjusted $17.80, up from $14.96 adjusted prior year.","FY2025 outlook: low-to-mid single-digit revenue growth, adjusted EPS $20-$22, DRIVE cost savings $2.2B.","Assessing role of FedEx Freight in portfolio; results expected by end of calendar year 2024.","Returned $3.8B ($2.5B buybacks, $1.3B dividends); plans $2.5B buybacks in FY2025, 10% dividend increase to $5.52/share.","Q4 revenue $22.1B, operating margin 8.5% adjusted; EPS $5.41 adjusted vs $4.94 prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":17.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":87693000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219006,"accession_number":"0001193125-24-159578","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2024-06-12T23:59:59+00:00","items":["2.05","9.01"],"status":"ready","headline":"FedEx announces European workforce reduction of 1,700-2,000; pre-tax cost $250M-$375M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Workforce reduction of 1,700-2,000 positions in Europe across back-office and commercial functions.","Pre-tax cash charges of $250M-$375M, classified as business optimization expenses through fiscal 2026.","Expected annualized savings of $125M-$175M beginning in fiscal 2027.","Consultation process with social partners expected over 18 months per local regulations.","Customers and service levels are not affected by the changes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219004,"accession_number":"0001193125-24-118085","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K/A","filed_at":"2024-04-26T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"FedEx appoints Guy Erwin as Corporate VP – Chief Accounting Officer effective May 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Guy M. Erwin II, 47, appointed Corporate VP – Chief Accounting Officer effective May 1, 2024, by the Board.","Previously served as Interim Principal Accounting Officer since Oct 21, 2023, and Staff VP & Corporate Controller since Sept 2021.","Will receive promotional bonus, base salary, and be eligible for annual/long-term incentive plans, stock options, and restricted stock awards.","No family relationships with directors/executive officers; no reportable transactions under Item 404(a)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219005,"accession_number":"0001193125-24-082664","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2024-04-01T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FedEx Express USPS contract to expire Sept 29, 2024 after no deal reached","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["FedEx Express USPS domestic air transportation contract expires Sept 29, 2024; negotiations concluded March 29, 2024.","Parties unable to agree on mutually beneficial terms; FedEx will continue service through expiration.","Loss of USPS contract is a previously identified risk in FedEx's 10-K and 10-Q, potentially harming profitability.","No financial terms disclosed; contract expiration may reduce FedEx Express revenue and network utilization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238895,"accession_number":"0000950170-24-034726","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2024-03-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q3 adjusted EPS $3.86 beats $3.41 YoY; narrows FY guidance, cuts capex to $5.4B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $21.7B (-2% YoY); GAAP operating income $1.24B (+19%), adjusted $1.36B (+16%).","GAAP diluted EPS $3.51; adjusted $3.86 vs. $3.41 last year, aided by $0.09 from share repurchases.","FY2024 adjusted EPS outlook narrowed to $17.25-$18.25 (prior $17.00-$18.50); capex cut to $5.4B.","Board authorized new $5B share repurchase program; $500M additional buyback planned in Q4.","DRIVE program delivered $1.8B in permanent cost reductions, driving margin expansion."],"consensus_eps_estimate":null,"consensus_eps_actual":11.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":65584000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238894,"accession_number":"0001193125-24-064820","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2024-03-11T23:59:59+00:00","items":["5.02","5.03","9.01"],"status":"ready","headline":"FedEx CIO Robert Carter to retire; Sriram Krishnasamy named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Robert B. Carter steps down as EVP, FedEx Information Services and CIO effective June 30, 2024, retiring Dec 31, 2024.","Sriram Krishnasamy becomes EVP – Chief Digital and Information Officer-Elect and Chief Transformation Officer effective March 11, 2024.","Krishnasamy to assume full role as EVP – Chief Digital and Information Officer and Chief Transformation Officer July 1, 2024.","Board amends bylaws to permit CEO/president to elect, remove, and fill vacancies for certain non-Section 16 officers.","Bylaw amendments include administrative and clarifying changes; no material governance shift."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256380,"accession_number":"0001193125-23-302139","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2023-12-22T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"FedEx elects Silvia Davila to Board of Directors; she brings LatAm and digital transformation expertise","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Silvia Davila elected to FedEx Board effective Dec 22, 2023; serves as Regional President Latin America for Danone S.A.","She previously held leadership roles at Mars, Procter & Gamble, and McDonald's, with experience in digital transformation and ESG.","Appointed to Compensation/Human Resources and Cyber/Technology Oversight Committees.","Board expands to 14 directors, 12 of whom are independent; Davila deemed independent under NYSE rules.","Received prorated RSUs of $146,250 and prorated annual retainer of $105,000 per non-management director compensation program."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256379,"accession_number":"0000950170-23-071485","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2023-12-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q2 EPS $3.55 GAAP ($3.99 adj); rev $22.2B; FY rev outlook trimmed to down low-single-digit","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 GAAP diluted EPS $3.55 vs $3.07 YoY; adjusted EPS $3.99 vs $3.18 YoY.","Revenue $22.2B, down ~2.6% YoY; operating income $1.28B GAAP ($1.42B adj).","FedEx Ground cost per package down 2%; Freight operating income rose despite lower revenue.","FY2024 revenue forecast revised to low-single-digit decline from approximately flat.","FY2024 adjusted EPS outlook reaffirmed $17.00-$18.50; additional $1B share repurchase planned."],"consensus_eps_estimate":null,"consensus_eps_actual":7.79,"consensus_revenue_estimate":null,"consensus_revenue_actual":43846000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256376,"accession_number":"0001193125-23-292588","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K/A","filed_at":"2023-12-11T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"FedEx board adopts annual say-on-pay vote through 2029","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Majority of votes at Sept 21, 2023 annual meeting favored annual advisory votes on exec compensation.","Board determined to hold annual say-on-pay vote until next frequency vote no later than 2029.","This 8-K/A only adds the frequency determination; no other changes to original meeting results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256378,"accession_number":"0001193125-23-258496","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2023-10-18T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"FedEx principal accounting officer resigns; Guy Erwin named interim successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jennifer L. Johnson resigns as Corporate VP and Principal Accounting Officer, effective Oct 20, 2023.","Guy M. Erwin II appointed Interim Principal Accounting Officer from Oct 21, 2023.","Erwin, 47, is Staff VP and Corporate Controller since September 2021 (FedEx employee since 2001).","No family relationships or reportable transactions with Erwin under Item 404(a).","Permanent successor search underway; Erwin serves until then."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256377,"accession_number":"0001193125-23-251539","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2023-10-05T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"FedEx Principal Accounting Officer Jennifer Johnson resigns, effective Oct 20","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jennifer L. Johnson, Corporate VP and Principal Accounting Officer, resigns to pursue another opportunity.","Last day at FedEx is October 20, 2023; resignation not due to any disagreement on financial controls or operations.","Company will appoint an interim Principal Accounting Officer effective upon her departure until a permanent successor is named."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273783,"accession_number":"0001193125-23-240637","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2023-09-22T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"FedEx annual meeting elects all 13 directors; shareholder proposals all fail; director compensation updated","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 13 director nominees elected; advisory say-on-pay approved with 89.7% support.","All four stockholder proposals defeated (clawback policy, just transition, paid sick leave, climate risk report).","Ernst & Young ratified as independent auditor for fiscal 2024 with 94.7% approval.","Outside director annual retainer unchanged at $140,000; committee chair fees increased by $5,000–$10,000.","RSU grant for new directors increased to $195,000 target fair value (up $15,000)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273782,"accession_number":"0000950170-23-048991","cik":1048911,"company_name":"FEDEX CORP","ticker":"FDX","form_type":"8-K","filed_at":"2023-09-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FedEx Q1 adjusted EPS $4.55 beats prior year; raises FY2024 adjusted outlook to $17.00-$18.50","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 GAAP EPS $4.23, adjusted $4.55 vs $3.44 adjusted a year ago; revenue $21.7B, down 6% YoY.","FedEx Ground operating income +59% YoY; Express +18%; Freight -26% with 29 terminal closures.","FY2024 adjusted EPS outlook raised to $17.00-$18.50 (prior $16.50-$18.50); revenue now expected flat YoY.","Completed $500M ASR (1.95M shares); plans additional $1.5B buyback in FY2024.","Cash on hand $7.1B; DRIVE program targeting $1.8B in permanent cost reductions."],"consensus_eps_estimate":null,"consensus_eps_actual":4.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":21681000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":96473481071.63048,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-09-20T23:59:59+00:00|273782"}