GXO Stock Recent News

Renewal of omnichannel logistics agreement brings partnership to over 15 years   TREZZO SULL'ADDA, Italy, Jan. 30, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced that it has renewed its partnership with Versace, the iconic luxury fashion brand, to manage omnichannel logistics for all of Versace's product lines, including B2B and B2C returns, quality control and value-added services such as labelling and garment repairs. “We are honoured that Versace continues to entrust the management of its logistics to our teams in Italy, bringing our collaboration to nearly two decades,” said Alessandro Renzo, GXO's Managing Director for Italy and Switzerland.

GXO Logistics' recurring revenue, industry-leading automation, and defensive contract structures provide strong visibility, making it well-positioned to thrive across economic cycles. Organic growth is rebounding, margins are expanding, market share is increasing, and GXO remains on track to achieve its 2027 targets, fueled by e-commerce, automation, and outsourcing trends. Short-term uncertainty surrounding the new CEO, regulatory review, and rejected buyout bid has created a generational buying opportunity, despite having no tangible impact on GXO's underlying fundamentals.

GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its fourth quarter and full-year 2024 earnings conference call and webcast on Thursday, February 13, 2025, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Wednesday, February 12, 2025, and made available at that time on investors.gxo.com.

GXO is down 24% YoY and 30% from its 2024 peak due to rising costs and CEO departure concerns. Despite challenges, GXO has strong top-line growth, with revenues up 28% YoY and a growing $2.4B backlog. Margins are under pressure from high CAPEX, acquisitions, and inflation, but technological investments aim to improve efficiency long-term.

GXO's shared transport network reduces environmental impact, urban congestion and transportation costs LONDON, U.K., Jan. 15, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, has partnered with The Perfume Shop, the UK's largest specialist fragrance retailer, to provide weekly high street deliveries to more than 200 stores through its shared transport network, helping reduce environmental impact, urban congestion and transportation costs. “We're delighted to be the partner of choice for The Perfume Shop to keep their high street stores across the UK fully stocked,” said Richard Ball, Director, Shared Transport Network, GXO.

Omnichannel services to foster strong growth and international expansion GXO's expertise in returns management reinforces efficiency and sustainability TREZZO SULL'ADDA, Italy, Jan. 09, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has signed a long-term partnership with Calliope, a lifestyle brand of the Italian fashion franchise Teddy Group. The contract includes warehouse management, e-fullfilment, returns management and value-added services such as labelling and inbound quality control.

This has been a phenomenal year for the broader indexes. But there are still plenty of opportunities for scooping up shares of out-of-favor stocks at compelling valuations.

It's been an excellent year for the market, with the S&P 500 up nearly 27% on the year at the time of writing. Unfortunately, it hasn't been such a great year for investors in copper miner Freeport-McMoRan (FCX -1.16%) (up 1% on the year), contract logistics company GXO Logistics (GXO -0.72%) (down 19%), and advanced composites manufacturer Hexcel (HXL -0.22%) (down 14%).

Strategic collaboration to enhance product availability and speed up flows and customer deliveries PARIS, France, Dec. 12, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, has announced that it has signed a contract with SAMSE Group, the second-largest French distributor of building materials and tools. This partnership is part of the SAMSE Group's strategy to optimize its supply chain.

GXO Logistics Inc. NYSE: GXO is one of the largest contract logistics companies in the transportation sector. They enable businesses to manage distribution operations and supply chains better, utilizing GXO's vast global network of warehouses and distribution networks.