FedEx Corporation that generated USD$87.7 billion in annual revenue during its fiscal year 2024 has been in the news lately reportedly forecasting a loss of one billion of those billions due to the global trade environment, particularly influenced by the end of the de minimis exemption on smaller packages. 
  This exemption allowed packages valued at less than $800 to enter the U.S. duty free, which ended for packages from China and Hong Kong on May 2 and for packages from all other countries on August 29. 
  The company expects a $150 million headwind per quarter for the fiscal year, with $300 million in incremental expenses. 
  Rough year for FedEx that also lost its visionary founder Fred Smith who died June 25, 2025 at the age of 80.
  Smith shepherded that company to greatness.
  Can only wonder what the outspoken air cargo pioneer would have thought of all of this.
  Despite these challenges, FedEx has reinstated its financial outlook, projecting revenue growth between 4% and 6% for the current fiscal year, surpassing Wall Street expectations. The company reportedly anticipates adjusted earnings per share in fiscal 2026 will range from $17.20 to $19, slightly below average analyst predictions.
GDA