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ResolvedStocks

FedEx Freight Targets Strong Profit Growth and $1B Cash Flow Post-Spinoff

First Detected: Apr 17, 2026, 10:03 AM
Last Update: 5 months ago
15 articles·4 stories

Event Summary

FedEx Freight is targeting operating profit growth of 10% to 12% following its spinoff. The new entity is set to list on the NYSE under the ticker FDXF on June 1, 2026. The company expects annual free cash flow exceeding $1 billion and revenue growth of 4% to 6%.

Timeline

Price Impact

Since event start
FDX-16.37%