GXO Logistics

GXO Logistics, Inc. provides logistics services in North America and Europe. It offers warehousing and distribution, order fulfillment, e-commerce, reverse logistics and other supply chain services. The company was founded on February 16, 2021, and is headquartered in Greenwich, CT.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GXO Logistics exceeds Q4 expectations, eyes accelerated growth towards 2027

GXO's strong Q4 performance and strategic targets for 2027 reflect a growth-oriented approach with a focus on M&A and operational efficiency
While facing challenges in a softer macro environment, the company's emphasis on cost synergies, customer retention, and growth opportunities positions it well for the future
Opportunities for accelerated growth, margin improvements, and operational enhancements underscore GXO's potential for sustained success and value creation
Overall, GXO's performance, strengths, and strategic initiatives indicate a resilient and forward-looking company poised for continued growth and profitability

GXO Logistics reports strong Q1 earnings, eyes tech growth

GXO Logistics had a robust Q1 2023, with strong revenue growth and increased operational tech deployment. They expect continued growth driven by automation and strategic partnerships, focusing on margin expansion and cost efficiency.
The company's strengths lie in GXO Direct's expansion, high-quality contracts, and focus on generating free cash flow. Challenges include cost alignment with growth and maintaining normalized inventory levels post-pandemic.
Opportunities for GXO include tech acceleration, value creation through M&A, and capitalizing on reverse logistics. They prioritize sustainability, shareholder value enhancement, and operational efficiency for future growth.

GXO Logistics reports robust Q2 earnings, eyes automation for growth

GXO Logistics continues to deliver strong financial performance, with revenue and EBITDA exceeding expectations and a focus on operational excellence.
The company's strategic partnerships, scalable cost structure, and emphasis on automation position GXO for sustained growth and margin improvement.
While facing challenges in certain markets, GXO's focus on efficiency, automation, and market expansion presents significant opportunities for future growth and profitability.

GXO Logistics reports record Q3 revenue and raises guidance

GXO Logistics excelled in Q3 with record revenue and EBITDA, driven by automation focus and new business wins. While facing organic growth challenges, the company remains confident in its ability to capitalize on industry growth potential and automation trends.

GXO Logistics reports stellar 2023 performance and optimistic outlook

GXO delivered a stellar 2023 with strong financial performance and $1 billion in new business wins. The outlook for 2024 is positive, with sequential growth expected throughout the year.
Strengths include a balanced portfolio, strategic partnerships, and a focus on automation and outsourcing. Challenges include warehouse capacity impacts and questions on outsourced contract trends.
Opportunities lie in reversing inventory adjustments, pursuing M&A targets, and capitalizing on the outsourcing trend. GXO's focus on efficiency and technology positions it well for future growth.
Overall, GXO's performance, strengths, and opportunities align with market trends, indicating a promising trajectory for sustained success and shareholder value creation.

GXO Logistics reports record Q2 revenue and strategic growth plans

GXO Logistics delivered a strong performance in Q2, with record revenue and significant new business wins.
While facing challenges in the North American market, the company remains optimistic about future growth and operational enhancements.
Strategic acquisitions, emphasis on automation, and commitment to innovation position GXO for continued success and value creation.

GXO Logistics reports record Q3 earnings and eyes European growth

GXO Logistics excelled in Q3 2024, showcasing robust financial performance, strategic partnerships, and technological advancements. While challenges like debt reduction and operational efficiency persist, the company is well-positioned to capitalize on growth opportunities in e-commerce and automation, driving future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

GXO Logistics, Inc. provides logistics services. It offers warehousing and distribution, order fulfillment, e-commerce, reverse logistics and other supply chain services. The company was founded on February 16, 2021 and is headquartered in Greenwich, CT.

Continuing a string of wins for GXO Logistics, the company on Thursday announced it would open an e-commerce distribution center for MYXfitness, the at-home connected fitness brand under parent company The Beachbody Company, in Atlanta. The facility is an expansion of an existing agreement between the companies and brings the total warehouse space GXO will manage for the fitness brand to a little more than 86,000 square feet.

GXO expands relationship with MYXfitness, opening Atlanta DC

Online demand for at home exercise equipment leads to opening of fourth U.S. logistics hub Online demand for at home exercise equipment leads to opening of fourth U.S. logistics hub

GXO Supports Ecommerce Growth at The Beachbody Company's MYXfitness

When you are a trailblazer, it can be difficult to quantify success. But for GXO Logistics, its first quarter earnings as a standalone company represented a good first step.

The GXO story begins to take shape

Its first earnings report as an independent company provided plenty of reason for excitement.

Why GXO Logistics Stock Soared Higher This Week

The contract logistics company has hit the ground running.

GXO Logistics Is Ready for the Holidays

The CEO of GXO Logistics Inc., the world's largest pure-play contract logistics provider, said Tuesday that global supply chain bottlenecks should ease by the end of the second quarter of 2022, and that massive spikes in demand hitting GXO's U.S. facilities are already starting to level off. Malcolm Wilson (pictured) told analysts that “the issues that we're seeing right now we believe are very much temporary.

GXO head sees light at end of supply chain tunnel

GXO Logistics (GXO) CEO, Malcolm Wilson on Q3 2021 Results - Earnings Call Transcript

In its first reporting quarter as a stand-alone company, GXO Logistics Inc. posted on Monday 56 cents in third-quarter adjusted diluted earnings per share, above consensus estimates of 53 cents per share and above the 23 cents per share figure when the business was still part of XPO Logistics Inc. Revenue rose to $2 billion, compared with $1.6 billion in the 2020 quarter when the contract logistics business that became GXO was part of XPO (NYSE:XPO). XPO spun off GXO in August.

GXO comes out of the gate with solid third-quarter results

GXO Announces Third Quarter 2021 Results

Mark Manduca, chief investment officer at GXO Logistics, discusses how his company is providing the tech innovation the industry needs.

GXO Logistics' CIO Talks Supply Chains, the Warehouse of the Future, and More

High-tech facility will use collaborative robots to speed up fulfillment times High-tech facility will use collaborative robots to speed up fulfillment times

GXO and Saks Launch Direct-to-Consumer Ecommerce Logistics Hub

GXO Logistics has announced a second major retailer this month is using its logistics services to fulfill e-commerce orders. The logistics spinoff from XPO is now shipping inventory direct to consumers for Saks from a GXO e-fulfillment center in Middletown, Pennsylvania.

GXO opens e-commerce hub for Saks

GREENWICH, Conn., Oct. 20, 2021 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced that the Institute of Innovation and Knowledge Exchange (IKE), the United Kingdom's professional body for innovators, has awarded the ISO 56002 Investor in Innovations Standard to GXO's Virgin Media logistics operations.

GXO Wins Innovation Award in Partnership with Virgin Media

XPO Logistics

Yellow

It has been a mixed few months for the Teamsters, but the scale does appear to be weighing more in the direction of positivity from its perspective.   As the union heads toward an election to replace James Hoffa as its president, and with more attention than ever put on the supply chain that the Teamsters is deeply immersed in, it has had some wins and some losses in the short term.

Teamsters update: yes on new California law, a few new units, one decertification looming

GXO Logistics Inc (NYSE: GXO) plans to hire more than 9,000 logistics employees across the U.S. and Canada ahead of the peak holiday season. Key states where GXO is hiring include California, Georgia, Indiana, Pennsylvania, and Texas.

GXO To Recruit 9,000 Employees In North America Ahead Of Holiday Season

When GXO was spun off of parent company XPO in August, its new management team faced a task that was possibly the biggest of all: iintroduce itself to the investment community and answer the question of just who this company was and what it did. Members of the company's management team took a more public step in that direction Tuesday during an online forum hosted by Amit Mehrotra, the head of the Deutsche Bank transportation research team.

New management of GXO stops into an online forum to tell its story

GXO Logistics Inc. GXO, +2.89% said Wednesday it plans to hire 20,000 employees globally, including 9,000 logistics employees in the U.S and Canada, ahead of the holiday season. The states where GXO is hiring include California, Georgia, Indiana, Pennsylvania and Texas.

GXO Logistics to hire 9,000 full- and part-time employees in U.S. and Canada for the holidays

Warehouse automation jumps by 40 percent year-over-year, improving productivity and employee experience Warehouse automation jumps by 40 percent year-over-year, improving productivity and employee experience

GXO Expects to Recruit 9,000 Employees in North America Ahead of the Peak Holiday Season

Abercrombie & Fitch

Goodyear Tire & Rubber

Abercrombie & Fitch Co (NYSE: ANF) and GXO Logistics Inc (NYSE: GXO) agreed to open a new 715,000 square-foot distribution center in Goodyear, Arizona. The highly automated facility will serve as Abercrombie & Fitch's new hub for its West Coast operations when it becomes fully operational in late 2021.

GXO, Abercrombie & Fitch To Open Distribution Center In Goodyear, Arizona

GXO Logistics will open a “highly automated” distribution center in Goodyear, Arizona, for customer Abercrombie & Fitch Co. The center, which will cover approximately 715,000 square feet, will include automation and goods-to-person robotics. GXO (NYSE: GXO) said it expects to employ about 300 at the location, which will be the eighth warehouse, covering a total of more than 2 million square feet of space, that GXO operates in the area for customers.

GXO to open, operate Arizona DC for Abercrombie & Fitch

New facility creates more than 300 new jobs in the area with opportunities for future growth New facility creates more than 300 new jobs in the area with opportunities for future growth

GXO and Abercrombie & Fitch Co. to Open High-Tech Distribution Center in Phoenix Metropolitan Area

GREENWICH, Conn., Oct. 04, 2021 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO) will hold its third quarter conference call and webcast on Tuesday, November 2, 2021, at 8:30 a.m. Eastern Time. The company's results will be released after market close on November 1 and made available on www.investors.gxo.com.

GXO Logistics Schedules Third Quarter 2021 Earnings Conference Call for Tuesday, November 2, 2021

Apartment Income REIT Corp

Cognyte Software

International Flavors & Fragrances

Vimeo

Viatris

Companies often spin off pieces of their businesses into independent entities. Many of these spinoff stocks to buy have benefited from the distance.

7 Spinoff Stocks to Buy That Are Set to Outperform Their Parents

JPMorgan analyst Brian Ossenbeck initiated coverage of GXO Logistics Inc (NYSE:GXO) with an Overweight rating and a price target of $107, implying an upside of 27%. Ossenbeck says the company is a "unique pure-play" on contract logistics.

News for GXO Logistics Stock (GXO)