UPS CFO Says Shipper Using Tax Savings for Investments

The video discusses the company's plans to grow earnings by 20% next year, leveraging tax reforms to invest in strategic initiatives and capital expenditures. The company aims to sustain growth by reinvesting in the business, with a focus on revenue growth and market opportunities. Financial planning includes using 80% of tax benefits for the bottom line and 20% for strategic initiatives, supported by favorable depreciation deductions.

What is the company's plan for growing its earnings next year?

• Increase earnings by 10%

• Grow earnings above historical guidance at 20%

• Maintain current earnings level

• Reduce earnings to focus on sustainability

How much of the tax reform benefit is allocated to strategic initiatives?

• 10%

• 50%

• 20%

• 80%

What percentage of the tax reform benefit is expected to impact the bottom line?

• 100%

• 80%

• 50%

• 20%

What is the company's strategy for capital expenditures?

• Invest in short-term projects

• Avoid any new investments

• Leverage 100% depreciation deduction for five years

• Focus on reducing costs

What recent announcement did the company make regarding business expansion?

• Opening new retail stores

• Hiring additional staff

• Acquiring new technology firms

• Purchasing new planes