*NEWS*FEDEX KINKO’S 3RD Q. INCOME DROPS

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*NEWS*FEDEX KINKO’S 3RD Q. INCOME DROPS

 user 2006-03-30 at 11:33:00 am Views: 81
  • #15199

    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.