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FedEX buying back Ground Routes
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<blockquote data-quote="FedEx2000" data-source="post: 807111" data-attributes="member: 13621"><p>If you are referring to operating margin, which I think you are....for Q2 FY'11 Express operating margin was 4.4%, down from 6.5% the previous year. Ground Operating margin was 14.3%, up from 13.0% the previous year. For FDX Corp. operating margin was 4.9%, down from 6.6% the previous year. FDX roll-up is almost identical to Express results, which shows how much of the revenue is generated by Express, albeit at smaller margins. Corporate goal is 10% across the board.</p></blockquote><p></p>
[QUOTE="FedEx2000, post: 807111, member: 13621"] If you are referring to operating margin, which I think you are....for Q2 FY'11 Express operating margin was 4.4%, down from 6.5% the previous year. Ground Operating margin was 14.3%, up from 13.0% the previous year. For FDX Corp. operating margin was 4.9%, down from 6.6% the previous year. FDX roll-up is almost identical to Express results, which shows how much of the revenue is generated by Express, albeit at smaller margins. Corporate goal is 10% across the board. [/QUOTE]
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