FedEx Cuts Outlook on Trade War, Global Growth Slowdown

The video discusses FedEx's financial challenges, including a significant drop in stock value due to trade tensions and a global slowdown. The CEO's statement highlights the impact of a weakening macro environment. FedEx faces scrutiny in China and pressure from Amazon, affecting its strategic decisions. The company plans cost-cutting measures and strategic changes, including ending contracts with Amazon and expanding delivery services.

How has the trade war affected FedEx's earnings?

What factors are negatively impacting FedEx's performance according to the CEO?

What percentage drop in adjusted earnings is FedEx forecasting for fiscal 2020?

What significant changes is FedEx planning to make in response to its financial pressures?

What impact does FedEx expect from its decision to walk away from its business with Amazon?