🔹 Revenue: $21.2B (Est. $20.8B) 🟢; UP +1.9% YoY
🔹 Adj. EPS: $1.55 (Est. $1.57) 🔴
FY Guidance
🔹 CapEx: ~$3.5B
🔹 Dividends: ~$5.5B (subject to Board approval)
🔹 Effective Tax Rate: ~23.5%
🔹 Pension Contributions: $1.4B (including $921M already paid)
🔹 Share Repurchases: ~$1.0B (completed)
🔹 Expense Reductions Expected: $3.5B (from network reconfiguration & efficiency programs)
Q2 Segment:
U.S. Domestic
🔹 Revenue: $14.08B; DOWN -0.8% YoY
🔹 Adj. Operating Profit: $982M
🔹 Adj. Operating Margin: 7.0%
International
🔹 Revenue: $4.49B; UP +2.6% YoY
🔹 Adj. Operating Profit: $682M
🔹 Adj. Operating Margin: 15.2%
Supply Chain Solutions
🔹 Revenue: $2.65B; DOWN -18.3% YoY
🔹 Adj. Operating Profit: $212M
🔹 Adj. Operating Margin: 8.0%
Other Key Q2 Metrics:
🔹 Adj. Operating Profit: $1.9B
🔹 Adj. Operating Margin: 8.8%
CEO Commentary
🔸 “Our second quarter results reflect both the complexity of the landscape and the strength of our execution.”
🔸 “We are making meaningful progress on our strategic initiatives, and we’re confident these actions are positioning the company for stronger long-term financial performance and enhanced competitive advantage.”
🔸 “I want to thank all UPSers for their dedication and hard work in what continues to be a dynamic and evolving trade environment.” – CEO Carol Tomé