It has not. The company has been telegraphing that the Postal Contract has been a financial drag and not profitable enough for several quarters. This was always a very real possibility and now it is confirmed.

Across those financial quarters, most Postal comments at the earnings calls leaned towards postal contract=headwinds. They also stated that they are actively doing things to mitigate those headwinds.

This will buff out, give it time to play out.

Read MEC Chair letter!