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.

GXO Logistics (GXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GXO Logistics (GXO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Connecticut-based GXO Logistics (NYSE: GXO) is laying off 262 employees from two warehouse operations in the Dallas area, according to recent notices sent to Texas officials. The 262 employees will be terminated by Dec. 10.

GXO Logistics to close 2 Texas facilities, lay off 262 workers

GXO supports Currys' three-year ‘Brilliant Basics' plan to overhaul its Supply Chain and Service Operations business and strengthen the Omnichannel experience GXO supports Currys' three-year ‘Brilliant Basics' plan to overhaul its Supply Chain and Service Operations business and strengthen the Omnichannel experience

GXO Supercharges Currys' Warehouse Operations in First Year of Partnership

GXO Logistics announced plans on Thursday to hire as many as 22,000 people to support the holiday peak season. Positions will be added in GXO's global warehouse operations and include salaried, hourly and contractor roles with flexible shift options.

GXO Logistics plans to add 22,000 employees to support holiday peak

Holiday peak extends into 2023 to support retailers' busy return season Holiday peak extends into 2023 to support retailers' busy return season

GXO Expects to Hire 22,000 Team Members Globally to Support Business Growth and Peak Holiday and Returns Seasons

GREENWICH, Conn., Oct. 12, 2022 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its third quarter conference call and webcast on Wednesday, November 9, 2022, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Tuesday, November 8, 2022, and made available on investors.gxo.com at that time.

GXO Schedules Third Quarter 2022 Earnings Conference Call for Wednesday, November 9, 2022

GREENWICH, Conn., Oct. 11, 2022 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced it will host an Investor Day in New York City on Thursday, January 12, 2023 and in London on Tuesday, January 17, 2023. This follows the recent regulatory clearance of GXO's acquisition of Clipper Logistics plc.

GXO to Host 2023 Investor Day

GXO Logistics said on Tuesday that it has received regulatory approval to complete its acquisition of Clipper Logistics for a reported $1.3 billion. The cash and share deal was formally agreed to on May 24, but each company has been run independently since then pending final approval from the U.K. Competition and Markets Authority (CMA).

UK authorities clear GXO's $1.3B acquisition of Clipper Logistics

U.K. Competition and Markets Authority completes review U.K. Competition and Markets Authority completes review

GXO Receives UK Regulatory Clearance for Acquisition of Clipper Logistics plc

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GXO Logistics on Tuesday formally opened a new 350,000-square-foot warehouse facility to support its longtime client Bayer Crop Science.  The facility is located in Kearney, Nebraska, and is part of the company's (NYSE: GXO) GXO Direct flexible-space distribution network.

GXO opens Nebraska warehouse to support Bayer Crop Science

Warehouse leader launches 350,000-square-foot GXO Direct facility in Nebraska to support Bayer Crop Science Warehouse leader launches 350,000-square-foot GXO Direct facility in Nebraska to support Bayer Crop Science

GXO Expands Warehouse Services for Bayer

GXO helps OMNES source recycled packaging materials and achieve 100% on-time fulfillment GXO helps OMNES source recycled packaging materials and achieve 100% on-time fulfillment

GXO Advances OMNES' “Climate Positive” Mission with ESG-Focused Initiatives

Prestigious list honoring the logistics industry's most innovative companies includes GXO for a second consecutive year Prestigious list honoring the logistics industry's most innovative companies includes GXO for a second consecutive year

GXO Named to 2023 FreightTech 100

On Oct. 12, 2021, GXO Logistics Chief Investment Officer Mark Manduca laid out the argument for why the Greenwich, Connecticut-based firm represented a new breed of logistics company. “This is a hard business to wrap your head around.

GXO Logistics continues to write new chapters in its evolving story

Economic growth is slowing, dragging capital spending plans down with it. However, spending on advanced warehousing solutions is rising. GXO Logistics benefits from accelerating new orders as its customers boost spending to deal with high inflation and supply-chain-related challenges.

The Many Reasons To Be Bullish On GXO Logistics

The contract logistics specialist just delivered another strong earnings report.

How GXO Logistics Is Beating Inflation

Contract logistics provider GXO Logistics Inc. marked its first anniversary as a public company by reporting better-than-expected second-quarter results and boosting its full-year guidance for revenue and earnings. The Greenwich, Connecticut-based company (NYSE: GXO), which began trading Aug. 2, 2021, after being spun off by XPO Logistics Inc., (NYSE: XPO) posted adjusted diluted earnings per share of 68 cents, up from 44 cents per share in the year-earlier quarter, and 5 cents per share above analysts' consensus estimates.

GXO marks first anniversary with strong Q2 results

GXO Logistics, Inc. (NYSE:GXO ) Q2 2022 Earnings Conference Call August 3, 2022 8:30 AM ET Company Participants Mark Manduca - Chief Investment Officer Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Bill Fraine - Chief Commercial Officer Conference Call Participants Chris Wetherbee - Citi Scott Schneeberger - Oppenheimer Jason Seidl - Cowen Amit Mehrotra - Deutsche Bank Allison Poliniak - Wells Fargo Brian Ossenbeck - JPMorgan Ari Rosa - Credit Suisse Bruce Chan - Stifel Operator Welcome to the GXO Q2 2022 Earnings Conference Call and Webcast. My name is Doug, and I'll be your operator for today's call.

GXO Logistics, Inc. (GXO) CEO Malcolm Wilson on Q2 2022 Results - Earnings Call Transcript

GXO Logistics customers are still doing well even as Wall Street fears that the economy is headed for a downturn, CEO Malcolm Wilson told CNBC's Jim Cramer on Tuesday.

GXO Logistics customers are doing well despite economic slowdown buzz, CEO says

GXO Logistics (GXO) delivered earnings and revenue surprises of 7.94% and 2.29%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

GXO Logistics (GXO) Tops Q2 Earnings and Revenue Estimates

GXO Logistics Reports Second Quarter 2022 Results

GREENWICH, Conn., Aug. 01, 2022 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO), announced today that CEO Malcolm Wilson will be joined by company representatives and members of the GXO Board of Directors to ring the Opening Bell® at the New York Stock Exchange on Tuesday, August 2, 2022, to mark the one-year anniversary of becoming a standalone company. GXO is the world's largest pure-play contract logistics provider and a recent addition to the Fortune 500.

GXO to Ring Opening Bell at New York Stock Exchange to Mark One Year Anniversary as a Public Company

GXO Logistics (GXO) Earnings Expected to Grow: Should You Buy?

Contract logistics provider GXO Logistics Inc. said Tuesday it has signed a multiyear extension with industrial robotics maker 6 River Systems to equip GXO facilities with an undetermined number of collaborative mobile robots. The robots, known as Chucks, will operate alongside GXO workers to perform specific tasks.

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