FedEx CFO Warns Economic Recovery Unlikely Before 2026

John Dietrich, CFO of FedEx, has warned of a looming economic slowdown, projecting that the macro environment may not improve significantly until at least the first half of fiscal 2026. His comments follow the company's revision of earnings expectations, reflecting a cautious outlook amid concerns of supply chain disruptions and a potential recession. Despite a strong quarterly performance, FedEx's stock has dropped over 11% this year, highlighting investor anxiety. Dietrich's warning resonates with broader concerns among corporate leaders, with many noting 'uncertainty' in their recent earnings calls. The FedEx executive's remarks have also drawn attention to the impacts of the Trump administration's trade policies, which have left many businesses uncertain about future tariffs. This situation reflects significant challenges facing the U.S. economy as it grapples with potential downturns and trade tensions.