“We still expect a $300 million headwind from two fewer operating days in Q1 and Q4.”

In context

“tinue in Q4, but forecast some moderation on a year-over-year basis. Turning now to our latest full-year adjusted operating income bridge. This shows the year-over-year operating profit elements embedded in our revised outlook. This bridge now reflects adjusted operating profit of $6.2 billion, equivalent to $18.30 of adjusted EPS. For revenue net of cost, we now expect a $1.1 billion headwind, which is $400 million above our prior forecast. This is a result of revised second-half assumptions for revenue and inflation. We now project a $400 million headwind from international export yield pressure. A $100 million increase is a result of base yield pressure, particularly in international economy, and greater than previously expected demand for our lower-yielding deferred service offerings. We still expect a $300 million headwind from two fewer operating days in Q1 and Q4. And lastly, we now anticipate a $400 million impact from the expiration of the U.S. Postal Service contract, which is an improvement of $100 million from our prior guidance due to our ability to swiftly eliminate contract-related costs. As I mentioned, we also expect to see our $2.2 billion in expected DRIVE savings for FY ‘25, which is offsetting these headwinds. At the midpoint of our revised FY ‘25 outlook, we're now assuming 3% adjusted EPS growth on flat to slightly down revenue year-over-year. Overall, our revenue in Q3 and expectation for Q4 are softer than previously anticipated with weakness coming primarily from B2B and priority services. This further pressures our bottom line. In addition, inflationary pressures on our cost base are expected to be higher than planned, further r”