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.

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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.

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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.

FedEx

The Zacks Industry Rank for the Transportation-Air Freight and Cargo industry paints a murky picture. Braving the headwinds are three stocks, UPS, FDX and GXO, which investors might consider keeping on their radar.

3 Air-Freight & Cargo Stocks to Watch Amid Industry Challenges

Completed acquisition of leading Dutch service & repair specialist brings access to new market segments and opportunities for international expansion with key accounts Completed acquisition of leading Dutch service & repair specialist brings access to new market segments and opportunities for international expansion with key accounts

GXO To Expand GXO ServiceTech Offering

M odular and scalable robot ic solution r educe s sorting errors , increase s throughput 3x ,

GXO Successfully Pilots Robotic 3D Sortation System, an Industry First in Europe

L eading U.K. home improvement and garden living retailer exten ds and expands partnership with GXO to include operating new 430 , 000 - s quare -foot facility in Blyth

GXO Expands Longstanding Partnership with B&Q

The partnership of GXO Logistics (GXO) with Abercrombie in the U.K. aims to improve e-commerce operations. Their partnership in the United States is highly successful.

GXO Logistics (GXO) on the Rise Since Expanded Abercrombie Deal

GXO has shown strong organic growth in all regions, particularly in Europe, and has a robust pipeline of $2.3 billion worth of opportunities. The company's defensive business characteristics, including long-term contracts and high revenue visibility, make it a relatively safer choice in the transportation sector for investors. If GXO meets its FY27 target, its market cap could reach $31 billion at 22x forward EBITDA multiple. However, the company must meet consensus expectations to maintain credibility.

GXO Logistics: Positive Indicators Support Possibility Of Achieving FY27 Targets

GREENWICH, Conn., June 28, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its second quarter conference call and webcast on Thursday, August 3, 2023, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Wednesday, August 2, 2023, and made available at that time on investors.gxo.com.

GXO Schedules Second Quarter Earnings Conference Call for Thursday, August 3, 2023

Following successful operations in the U.S., GXO to handle 100% of Abercrombie & Fitch's ecommerce operations, including returns, in the U.K. Following successful operations in the U.S., GXO to handle 100% of Abercrombie & Fitch's ecommerce operations, including returns, in the U.K.

GXO Expands Partnership with Abercombie & Fitch to the U.K.

PARIS, France, June 22, 2023 (GLOBE NEWSWIRE) --   GXO Logistics, Inc.  (NYSE: GXO), the world's largest pure-play contract logistics provider, has signed a partnership agreement with Zalando for a fulfillment center in Montereau-sur-le-Jard near Paris. The distribution centre will mean that GXO creates approximately 2,000 jobs in the mid-term.

GXO and Zalando announce partnership to operate future fulfillment center in France

Industry-leading capability in consumer electronics repair to expand across Europe and North America Industry-leading capability in consumer electronics repair to expand across Europe and North America

GXO Unifies and Rebrands Technical Services Division as GXO ServiceTech

Today, we circle back on GXO Logistics, Inc., whose stock is up some over 40% in 2023, year to date. The company is executing well, continues to automate operations, and has booked several major contract wins in 2023. That said, the stock seems more than fairly valued on an earnings and a free cash flow valuation.  Can the rally continue or is it time to book profits?

GXO Logistics: Booking Profits

Leveraging last year's acquisition of Clipper Logistics, GXO expands its operations in Europe's biggest market. The move will help it achieve its goal of $17 billion in revenue by 2027.

This Growth Stock Is Diving Into a Major New Market. Time to Buy?

Award highlights successful effort to develop and deploy innovative, state-of-the-art automation for an industry-leading consumer electronics company Award highlights successful effort to develop and deploy innovative, state-of-the-art automation for an industry-leading consumer electronics company

GXO Receives SDCE's 2023 Top Supply Chain Projects Award for State-of-the-Art Automated Returns Operation in the U.S.

Rapid start-up of multi-site operations in the Netherlands , with planned automation in the coming year , to support customer's growth

GXO Expands Partnership with FARFETCH to Support Reebok's Ecommerce Operations Across Europe

Opening state-of-the-art 3 87 ,000 square foot warehouse in Europe's largest logistics market

GXO Announces Multi-year Expansion in Germany

Expansion follows Bigblue's selection of GXO in Spain, Bigblue's fastest growing market, in 2022 Expansion follows Bigblue's selection of GXO in Spain, Bigblue's fastest growing market, in 2022

GXO and Bigblue Expand Partnership to France

Kellogg

GXO Logistics Inc., the world's largest pure-play contract logistics provider, said Tuesday it has expanded its partnership with Kellogg Co.,(NYSE: K) the world's leading cereal producer and a leading maker of snack foods.  The renewed agreement includes solutions in the U.K., Spain, Germany and Poland as well as a new facility in Belgium.

GXO expands European relationship with Kellogg

GXO wins new contract in Belgium to consolidate warehousing services into a semi-automated facility

GXO Signs Multi-Year Agreement with Kellogg to Expand Pan-European Partnership Across Five Countries

Deutsche Post AG

DHL Supply Chain and GXO Logistics are laying off workers in Texas as a result of both companies losing customers. DHL is laying off 80 Houston-area employees after a customer ended its contract.

DHL Supply Chain, GXO Logistics lay off workers in Texas

Logistics leader's continued investment in training and development affirms it as an employer of choice Logistics leader's continued investment in training and development affirms it as an employer of choice

GXO Partners with Multiverse to Launch a Data Training Academy

The e-commerce and logistics landscape is a complex and rapidly evolving system that involves buying and selling goods online and transporting and delivering those goods to customers. E-commerce has revolutionized how people shop, enabling them to purchase goods from anywhere in the world with just a few clicks.

Analysts Upgrade GXO Logistics, Its First Quarter Says It All

GXO Logistics, Inc. (NYSE:GXO ) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Bill Fraine - Chief Commercial Officer Mark Manduca - Chief Investment Officer Conference Call Participants Stephanie Moore - Jeffries Chris Wetherbee - Citigroup Scott Schneeberger - Oppenheimer Bascome Majors - Susquehanna Ben Moore - Deutsche Bank Brian Ossenbeck - JP Morgan Allison Poliniak - Wells Fargo Ravi Shanker - Morgan Stanley David Zazula - Barclays Bruce Chan - Stifel Operator Welcome to the GXO, First Quarter 2023 Earnings Conference Call and Webcast. My name is Sherry, and I will be your operator for today's call.

GXO Logistics, Inc. (GXO) Q1 2023 Earnings Call Transcript

GXO Logistics (GXO) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.59 per share a year ago.

GXO Logistics (GXO) Q1 Earnings and Revenues Top Estimates

Highlights Record first quarter revenue of $2.3 billion , up 12% year over year; organic revenue growth 1 of 7% ; net income attributable to GXO of $25 million ; adjusted EBITDA 1 of $158 million ; diluted EPS of $0.21 and adjusted diluted EPS 1 of $0.49 Full-year 2023 profit guidance raised: Adjusted diluted EPS raised $0.10 , now expected to be $2.40 - $2.60 Adjusted EBITDA raised $15 million , now expected to be $715 - $745 million Business Highlights Sales pipeline grows to approximately $2.3 billion , up from fourth quarter 2022 Strong first half momentum in new wins, including signing GXO's largest-ever annual revenue contract Incremental 2023 revenue of $782 million secured through the first quarter Revenue retention rate remains in the mid-to-high 90s First quarter e-commerce revenue up 34% year over year; reverse logistics revenue up 50% year over year Record operational tech deployment, up 64% year over year Expanded GXO Direct product to UK; rollout to Continental Europe planned later this year GREENWICH, Conn., May 09, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) today announced results for the first quarter 2023.

GXO Reports First Quarter 2023 Results

GXO Logistics (GXO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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