FEDEX KINKOS REPORTS ON 2ND Q.

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FEDEX KINKOS REPORTS ON 2ND Q.

 user 2005-12-23 at 10:26:00 am Views: 52
  • #13595

    FedEx reports on Q2
    December
    2005 – Memphis (TN): FedEx Kinko’s has reported a one per cent rise in
    Q2 revenue although operating income dropped 45 per cent due to decline
    in copy product line revenues and costs associated with internal tech
    enhancements and product offering initiatives.
    Revenue reached
    $528 million compared to $524 million a year earlier. Operating income
    was $16 million, down from $29 million a year earlier.
    FedEx as a
    whole reported a 33 per cent jump in net income to $471 million (£270
    million), or EPS of $1.53, from last year’s $354 million, or EPS of
    $1.15.
    Revenue grew 10 per cent to $8.09 billion from $7.33 billion in the same period in 2005.