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FedEx Raj ceo22FedEx falling down
despite price hikes 

Losing huge market share,
excusing poor execution


FedEx  founder Fred Smith's successor Raj Subramaniam reported on disappointing & inflated Q1'23 results. Four rounds of high price hikes boosted sales, disguised serious market share losses to UPS & Amazon. The 'market cap gap' widened to $114Bn compared with similarly sized UPS? The future seems bleak for the arrogant 'new boss, same as the old boss' blaming the economy not incompetence. 

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