secwatch.observer — SEC 8-K summary
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Issuer:     FEDEX CORP (FDX)
CIK:        0001048911
Form:       8-K
Filed at:   2025-09-18T23:59:59+00:00
Accession:  0001048911-25-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FedEx Q1 GAAP EPS $3.46, adjusted $3.83; revenue $22.2B, up 2.8% YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048911/000104891125000042/0001048911-25-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048911/000104891125000042/fdx-20250918.htm
  HTML page:      https://secwatch.observer/filing/0001048911-25-000042

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