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Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Higher interest rates created a difficult year for ...
GXO Logistics ( NYSE: GXO ) has extended its partnership with Groupe SEB, offering additional warehouse space to enable sustainable growth. The company, based in France, is a manufacturer of small domestic appliances and cookware sold through multi-format retailing in more th...
French company is a leading manufacturer and online seller of domestic appliances and cookware GXO and Groupe SEB have been partners in the U.K. since 2008 LONDON, U.K., Jan. 23, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest...
Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Strategy outperformed in the fourth quarter, dr...
After surging out of the gate in 2021 following its spin-off from XPO Logistics , GXO Logistics (NYSE: GXO) shares cooled off last year. The world's largest provider of pure-play contract logistics services fell 53% in 2022, even as the company delivered strong results. The pu...
GXO Logistics ( NYSE: GXO ) expects to report total revenue of $9B vs. consensus of $8.98B for FY2022. Net income to come in between $189M to $199M and Adjusted EBITDA of $720M to $730M for the year. For FY2023, the company foresees organic revenue growth of 6% to 8% and...
GREENWICH, Conn., Jan. 12, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, will host its first Investor Day today since becoming a publicly traded company on August 2, 2021. The event includes a presentation of the co...
Summary Today, we put asset-lite logistic concern GXO Logistics in the spotlight for the first time. The stock has been hard on growing macroeconomic concerns, but the company has executed well and the shares have seen some recent insider buying. An investment analysis follows in th...
GREENWICH, Conn., Dec. 14, 2022 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced today that it has been named one of America’s Most Responsible Companies 2023 by Newsweek just 15 months afte...
Successful pilot earlier in 2022 leads to plans for full installation with 39 robots GREENWICH, Conn., Dec. 14, 2022 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced today t...
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2024-07-22 03:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
After leading GXO in France, Marques returns to Spain and Portugal to drive GXO's expansion MADRID, Spain, July 15, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced Rui Marques will return to Spain as Ma...
GREENWICH, Conn., July 10, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its second quarter 2024 earnings conference call and webcast on Tuesday, August 6, 2024, at 8:30 a.m. Eastern Time. The company’s results will be released at 6:30 a.m. on Tuesday, August 6...