FedEx acquires Shoprunner
12-03-2020, 06:03 PM
#12
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Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,317
Originally Posted by Hacker15e
It was a moronic "prediction" even given the market circumstances of Fall 2019.
Eventually the market will spawn competitors to amazon (see Walmart), maybe with help from FTC/DOJ. FDX (and UPS) can carry their stuff, since none are likely to do their own version of amazon prime. A vast vertical monopoly which puts big brick and mortar AND major transportation players out of business will get regulated hard. Elite tech visionaries like "disruption" but politicians don't because "disruptees" vote. See the article below...
https://www.reuters.com/article/us-a...-idUSKBN28D2ET
12-03-2020, 09:55 PM
#14
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Posts: 1,838
Originally Posted by BlueAvi8tor
If it wasn’t for The Rona he may not have been too far off.
12-04-2020, 04:24 AM
#15
Gets Weekends Off
Joined APC: Jan 2011
Posts: 307
Originally Posted by NoHaz
pretty tiny compared to a Shopify. Some industry talking heads have already panned this a an insignificant purchase.
Shopify
ShopRunner
Shopify
CURRENT WEBSITES
268,560
MARKET SHARE
12.15%
CATEGORY POSITION
3
rdShopRunner
CURRENT WEBSITES
69
MARKET SHARE
<0.01%
CATEGORY POSITION
226
th
12-04-2020, 05:35 AM
#16
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Joined APC: May 2006
Posts: 983
Originally Posted by Noworkallplay
FedEx was printing money prior to rona. Since when does a company go away who profits billions of dollars a year in bad years? It was all speculative and not based in fact. The market was going to demand more of FedEx’s services regardless of rona.
12-04-2020, 01:46 PM
#17
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Joined APC: May 2006
Position: Excessed WB Capt.
Posts: 1,064
Originally Posted by Precontact
That's not exactly true, FedEx was sending planes to the desert and forecasting weaker demand prior to Corona. Guidance was lower.
12-04-2020, 02:06 PM
#18
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Posts: 1,838
Originally Posted by Precontact
That's not exactly true, FedEx was sending planes to the desert and forecasting weaker demand prior to Corona. Guidance was lower.
Revenue:
- FedEx revenue for the quarter ending August 31, 2020 was $19.321B, a 13.33% increase year-over-year.
- FedEx revenue for the twelve months ending August 31, 2020 was $71.490B, a 2.58% increase year-over-year.
- FedEx annual revenue for 2020 was $69.217B, a 0.68% decline from 2019.
- FedEx annual revenue for 2019 was $69.693B, a 6.48% increase from 2018.
- FedEx annual revenue for 2018 was $65.45B, a 8.51% increase from 2017.
Profits
- FedEx gross profit for the quarter ending August 31, 2020 was $13.779B, a 13.41% increase year-over-year.
- FedEx gross profit for the twelve months ending August 31, 2020 was $50.224B, a 2.08% increase year-over-year.
- FedEx annual gross profit for 2020 was $48.595B, a 1.13% decline from 2019.
- FedEx annual gross profit for 2019 was $49.15B, a 4.63% increase from 2018.
- FedEx annual gross profit for 2018 was $46.975B, a 6.97% increase from 2017.
12-04-2020, 09:04 PM
#19
On Reserve
Joined APC: Oct 2018
Posts: 24
Originally Posted by Noworkallplay
Profits just didn't grow at the rates some wanted. Still massively profitable. That's the problem with "the market". They want 5-10 percent increases every year. Just isn't possible even for the best ran companies.
---------Profit Margin/Net Income (Q3 ends Feb 29, 2020)
2020Q3 2.8%/371M
2019Q3 5.8%/797M
2020Q2 3.9%/660M
2019Q2 7.5%/1.08B
2020Q1 6.1%/800M
2019Q1 7.0%/933M
Source Fedex Investors Relations
12-05-2020, 04:41 AM
#20
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Posts: 1,838
Originally Posted by 10km00000
FedEx was clearly decelerating the quarters before Covid.
---------Profit Margin/Net Income (Q3 ends Feb 29, 2020)
2020Q3 2.8%/371M
2019Q3 5.8%/797M
2020Q2 3.9%/660M
2019Q2 7.5%/1.08B
2020Q1 6.1%/800M
2019Q1 7.0%/933M
Source Fedex Investors Relations
---------Profit Margin/Net Income (Q3 ends Feb 29, 2020)
2020Q3 2.8%/371M
2019Q3 5.8%/797M
2020Q2 3.9%/660M
2019Q2 7.5%/1.08B
2020Q1 6.1%/800M
2019Q1 7.0%/933M
Source Fedex Investors Relations
We are also getting wrapped around an axel over base numbers and not looking deeper. Look at the write downs on capex. As a business owner I can tell you its very easy to make a very profitable business look like it doesn’t make much on paper. This is done for many different reasons depending on what your trying to accomplish.
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