{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-048991","form_type":"8-K","ticker":"FDX","cik":"0001048911","company_name":"FEDEX CORP","filed_at":"2023-09-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.013984+00:00","generated_at":"2026-06-10T11:43:01.972651+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"FedEx Q1 adjusted EPS $4.55 beats prior year; raises FY2024 adjusted outlook to $17.00-$18.50","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-048991","json":"https://secwatch.observer/filing/0000950170-23-048991.json","markdown":"https://secwatch.observer/filing/0000950170-23-048991.md","text":"https://secwatch.observer/filing/0000950170-23-048991.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1048911/000095017023048991/0000950170-23-048991-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1048911/000095017023048991/fdx-20230920.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T11:43:01.972651+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0f601fe48b8d497c06f7f3ef9e52332a94f28147","claim":"FEDEX CORP reported the first quarter ended August 31 results: revenue $21.7 billion, net income $1.08 billion, EPS $4.23. Guidance raised.","evidence_excerpt":"exclude the items listed below for the applicable fiscal year): Fiscal 2024 Fiscal 2023 As Reported (GAAP) Adjusted (non-GAAP) As Reported (GAAP) Adjusted (non-GAAP) Revenue $21.7 billion $21.7 billion $23.2 billion $23.2 billion Operating income $1.49 billion $1.59 billion $1.19 billion $1.23 billion Operating margin 6.8% 7.3% 5.1% 5.3% Net income $1.08 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1048911/000095017023048991/0000950170-23-048991-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended August 31"},{"label":"Revenue","value":"$21.7 billion"},{"label":"Net income","value":"$1.08 billion"},{"label":"EPS","value":"$4.23"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}