United States

FedEx says Hurricanes Harvey and Irma will negatively impact Q2 2018 results - SEC Filing

Wednesday, 20 Sep 2017 04:37pm EDT 

Sept 20 (Reuters) - FedEx Corp :FedEx - While progress has been made on restoration of TNT express operations, TNT express revenues, volumes, profits remain below pre-attack levels‍​.FedEx - Also anticipate effects of Hurricane Harvey and Hurricane Irma will negatively impact second quarter 2018 results - SEC Filing.FedEx Corp says second quarter and full year 2018 results will be negatively affected by TNT express integration and restructuring activities.FedEx - Expect ongoing, but diminishing, financial impacts from cyberattack for remainder of 2018.FedEx - Financial impacts from cyberattack for remainder of 2018 in the form of lower revenues, higher investments related to information technology.