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    Richa Harne

    Research Analyst at Deutsche Bank

    Richa Harne is an Associate Analyst at Deutsche Bank, specializing in equity research within the financial sector, particularly focusing on the coverage of European banks. She has contributed to the analysis of major financial institutions such as HSBC, Barclays, and Lloyds Banking Group, helping clients navigate investment decisions with detailed sector insights. Richa began her professional journey in 2021, joining Deutsche Bank shortly after completing her academic studies, and has since assisted senior analysts with company valuations, earnings forecasts, and market commentary. She holds certifications in financial analysis and is registered with FINRA, demonstrating her commitment to professional standards in investment research.

    Richa Harne's questions to FEDEX (FDX) leadership

    Richa Harne's questions to FEDEX (FDX) leadership • Q3 2025

    Question

    Richa Harne of Deutsche Bank inquired about FedEx's exposure to de minimis shipments, how the company is preparing for potential changes to the tax code, and how this is factored into the Q4 revenue outlook.

    Answer

    EVP and Chief Customer Officer Brie Carere stated that FedEx is operationally ready for any changes, having prepared its clearance teams and worked with customers, particularly those in Asia. She emphasized that the Q4 outlook assumes volume trends similar to Q3, also noting one fewer operating day in Q4.

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