UPS profit jumps after holiday rush, shares follow

[cheryl]

UPS profit jumps after holiday rush, shares follow - Reuters

United Parcel Service Inc on Tuesday posted a hefty rise in quarterly adjusted profit, after home delivery volume surged to record levels on pandemic-fueled online purchases of holiday gifts and staples ranging from food to furniture.

The results sent shares in the world’s biggest parcel delivery company up 4.9% to $163.96 in early trading.

The winter holiday shipping season at times pushed the Atlanta-based company’s shipping network to its limits, leading UPS to temporarily halt pickups from companies that were trying to ship more parcels than expected.

 

[Jkloc420]

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[IVE GOTTA PACKAGE 4U]

@IVE GOTTA PACKAGE 4U

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[FEGuy]

Yeah, good day. You all did invest in the company when they invited you too, right? This is the reason they did. Everyone shares in the success. Between the dividends and the stock price appreciation, it's been a great ride. Great job, everybody.

 

[Jkloc420]

Yeah, good day. You all did invest in the company when they invited you too, right? This is the reason they did. Everyone shares in the success. Between the dividends and the stock price appreciation, it's been a great ride. Great job, everybody.

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