Logistics provider GXO raises its 2026 outlook, citing strong demand and dismissing competitive threats from Amazon.
GXO Logistics increased its 2026 earnings forecast, reflecting robust client demand and operational improvements. The company now expects adjusted EBITDA growth above prior guidance, driven by expansion in e-commerce and retail sectors.
The revised outlook follows a 12% year-over-year increase in Q2 adjusted EBITDA, surpassing analyst estimates. GXO also downplayed concerns over Amazon’s logistics expansion, emphasizing its diversified client base and long-term contracts.
Shares rose modestly in after-hours trading as investors weighed the positive guidance against broader market volatility.