Date: Thursday March 30, 2006 11:34:00 am
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FedEx Kinko’s Q3 income drops
March
2006 – Memphis (TN): FedEx Kinko’s has posted a slight Q3 revenue
increase but saw operating income fall 36 per cent as the chain was
hit by a decline in copy product line revenue, pressured by a
competitive pricing environment.
The company said its revenue for
the quarter was $501 million, up from $499 million a year earlier.
Operating income was $7 million, down 36 per cent from $11 million a
year ago.
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