MAAT INDEX

CLAIM #24977 · FDX (FDX) · 2026Q2 earnings call · Dec 18, 2025 · due May 31, 2027

The end of the day, when we are finished with it, we're targeting around a 30% footprint reduction by the end of fiscal year 2027.

Raj Subramaniam · CEO

PENDING
graded after results covering May 31, 2027 are reported

How to check this claim

Look at: Physical footprint (facility square footage or equivalent network footprint measure) reduction, as disclosed by company for Network 2.0 initiative

It came true if: Footprint reduction >= 27% relative to pre-initiative baseline (targeting ~30%)

Where: Company disclosures / investor day materials / 10-K or earnings call commentary on Network 2.0 footprint progress

In context

think you guys had mentioned before you were looking at 40% of the volume by the end of FY 2026 running in an integrated facility. I'm trying to sort of reconcile that with the idea that margins are just gonna be up a little. I have thought the idea was that when you get the integration, done, they're you're gonna be running at a higher level of productivity, that would flow through the margin. But I think I heard you maybe say that the financial impact maybe wasn't as great. I'm just trying to kinda get my head around that. Raj Subramaniam: Let me just give you the latest and greatest on what we on Network two point zero. As we said, we are right now 24% of the volume pre-peak the time next peak rolls on, we'll be around 65%. And that's the plan, and that's what we're executing against. The end of the day, when we are finished with it, we're targeting around a 30% footprint reduction by the end of fiscal year 2027. And those represent with along with one FedEx $2 billion in cost savings. And we see the majority of those savings skewed towards '27. I don't know, John, if you want anything more to add. John Dietrich: No. I would just add with regard to our transformational cost savings, targets for this year, there are elements of Network two point zero included in those. And that's what I want to elaborate further on at investor day. I don't want to say there's no savings. It's all part and parcel. We'll go into much more detail on our strategic initiatives, including network dot o when we see you in February. Jeff Kaufman: The next question is from Jeff Kaufman with Vertical Research. Please go ahead. Thank you very much. A lot of my questions have been answered, but let me ask one for John here. Jo

Verify independently

SEC filings for FDX · Claim quote is verbatim from the 2026Q2 earnings call.