---
schema_version: "secwatch.filing_event.v1"
accession: "0001090727-23-000035"
form_type: "8-K"
ticker: "UPS"
cik: "0001090727"
company_name: "UNITED PARCEL SERVICE INC"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T00:31:34.609810+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# UPS Q2 revenue down 10.9% to $22.1B; EPS $2.54 adjusted vs $3.29 prior; Teamsters deal reached

## Summary
- Consolidated revenues $22.1B (down 10.9% YoY); adj. diluted EPS $2.54 (down 22.8% from $3.29).
- U.S. Domestic revenue $14.4B (down 6.9%); avg daily volume down 9.9%.
- International revenue $4.4B (down 13.0%); softness on Asia trade lanes.
- Supply Chain Solutions revenue $3.2B (down 23.4%); forwarding declines partly offset by logistics growth.
- FY2023 guidance: revenue ~$93B, adj. operating margin ~11.8%; Teamsters tentative agreement reached covering >300,000 employees.

## SEC filing metadata
- accession: 0001090727-23-000035
- form_type: 8-K
- ticker: UPS
- cik: 0001090727
- company_name: UNITED PARCEL SERVICE INC
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090727/000109072723000035/0001090727-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090727/000109072723000035/ups-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001090727-23-000035
- JSON: https://secwatch.observer/filing/0001090727-23-000035.json
- Plain text: https://secwatch.observer/filing/0001090727-23-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.