David P. Abney – United Parcel Service, Inc. Industrial production and retail still growing but slower pace than projected “The latest U.S. GDP forecast for the balance of the year remains unchanged. Industrial production in retail are still growing, although … Continued
United Parcel Service (UPS) Q4 2016 Results David P. Abney Global economic growth remains generally positive “Now looking at 2017, the global economic outlook remains generally positive, and forecasts have risen modestly over the last few months. In the U.S., … Continued
United Parcel Service (UPS) Q3 2016 Results David P. Abney Global growth has continued to be modest “Turning now to the economy, where global growth has continued to be modest. In the U.S., consumer fundamentals remain healthy and account for … Continued
United Parcel Service’s (UPS) CEO David Abney on Q2 2016 Results B2C strong B2B not as much “Turning to the economy, the consumer market in the U.S. remains healthy and e-commerce forecasts have been elevated for 2016. And we’re seeing … Continued
United Parcel Service (UPS) David P. Abney on Q1 2016 Results Consumer spending remains primary catalyst for growth “GDP forecasts continue to be revised downward, yet consumer spending remains the primary catalyst for growth in the economy and e-commerce sales … Continued
United Parcel Service’s (UPS) CEO David Abney on Q4 2015 Results We feel like we delivered the peak “A year ago, we laid out a plan for successful peak in 2015. This year, through the extraordinary efforts of UPS’ around … Continued
GDP growth relatively unchanged “GDP growth in the U.S. has remained relatively unchanged. E-commerce has continued to expand, but the strong dollar has contributed to lower industrial production growth and softer exports. Global GDP forecast for the second half of … Continued
…Although the economy slowed somewhat… “In the U.S., we remain focused on growing the business, effective revenue management and delivering operational improvements. Although, the economy slowed somewhat we made progress on executing our plan.” We urge congress to approve the … Continued
14% EPS increase ” am pleased to report UPS produced solid performance across all the segments. Earnings per share increased more than 14% led by International. This segment continues to demonstrate positive momentum as our unmatched integrated network generates high … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Full transcripts can be found at Seeking Alpha Strong volumes but weak … Continued