The company in June merged its FedEx Ground and FedEx Services into Federal Express, and became a single company operating a unified, fully-integrated air-ground express network. FedEx revised its outlook for Fiscal 2025 and now expects a low single-digit percent revenue growth rate year-over-year. Diluted EPS was guided to $20 to $21, versus prior guidance of $20 to $22 per share. FedEx reaffirmed its forecast of $2.2 billion in permanent cost reductions from its Drive transformation program. "Our revised outlook reflects our continued confidence in the execution of our DRIVE initiatives and the effects of our recent pricing actions, which we expect to help offset weaker-than-expected demand trends," John Dietrich, executive vice president and CFO, said. :We will continue to manage our capital prudently, and remain committed to our plan to return $3.8 billion to stockholders this fiscal year."