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MarketScreener Homepage  >  Equities  >  Nyse  >  FedEx Corporation    FDX

FEDEX CORPORATION

(FDX)
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FedEx : Celebrates the Life of Dr. Martin Luther King, Jr.

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01/16/2020 | 08:07am EST

FedEx to Team Up with Rise Against Hunger for Meal Prep and Offer Free Admission to Civil Rights Museums

FedEx volunteers across 10 cities will team up with Rise Against Hunger to pack over 170,000 meals for those in need in recognition of the Martin Luther King Jr. Day of Service.

This is the seventh year FedEx has worked with Rise Against Hunger, an organization dedicated to fighting food insecurity and malnutrition around the world. This nationwide event provides employees with an opportunity to honor Dr. King’s legacy through service. FedEx team members will pack meals on Jan. 20 in Atlanta, Houston, Indianapolis, Los Angeles, Memphis, Newark, Oakland-San Francisco, Orlando, Pittsburgh, and Washington, D.C. Rise Against Hunger aligns with FedEx Cares 50 by 50, the company’s community engagement initiative to positively impact 50 million people by our 50th Anniversary in April 2023.

“FedEx is proud once again to celebrate the life of Dr. King by supporting an amazing organization,” said Rose Flenorl, FedEx Global Citizenship. “We are honored to be able to assist in helping to end hunger in our lifetime by providing food and life-saving aid to the world's most vulnerable people.”

Rise Against Hunger’s mission is to end hunger by 2030. The meals, consisting of rice, soy protein, dried vegetables and vitamins, are packaged by volunteers and shipped around the globe and distributed to beneficiaries in critical need.

In honor of Dr. King, FedEx will also provide free admission to the following civil rights museums:

  • National Civil Rights Museum, Memphis – Jan. 20
  • Mississippi Civil Rights Museum, Jackson, Mississippi - Jan. 20
  • Birmingham Civil Rights Institute, Birmingham – Jan. 20
  • The Legacy Museum, Montgomery, Ala. – Jan. 20
  • The Center for Civil and Human Rights, Atlanta – Feb. 1

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $69 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 490,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.

About Rise Against Hunger

Rise Against Hunger, an international hunger relief organization, aims to show the world that it is, in fact, possible to end hunger by the year 2030. With 28 U.S. locations and five international offices, the organization is committed to nourishing lives, providing emergency aid, empowering communities and growing the hunger movement. Rise Against Hunger has facilitated volunteer meal packaging of nearly 500 million meals to be distributed to countries around the world.


© Business Wire 2020
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Financials (USD)
Sales 2020 69 252 M
EBIT 2020 3 599 M
Net income 2020 2 565 M
Debt 2020 16 867 M
Yield 2020 1,63%
P/E ratio 2020 16,7x
P/E ratio 2021 13,9x
EV / Sales2020 0,85x
EV / Sales2021 0,83x
Capitalization 42 077 M
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Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 164,88  $
Last Close Price 161,14  $
Spread / Highest target 20,4%
Spread / Average Target 2,32%
Spread / Lowest Target -32,4%
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Managers
NameTitle
Frederick Wallace Smith Chairman & Chief Executive Officer
Rajesh Subramaniam President, Chief Operating Officer & Director
Alan B. Graf Chief Financial Officer & Executive Vice President
Robert B. Carter Chief Information Officer
John A. Edwardson Independent Director
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