Richa Harne's questions to FedEx Corp (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.