FedEx Kinko’s Q3 income drops


22 March 2006 – Memphis (TN): FedEx Kinko’s has posted a slight Q3 revenue increase but saw  operating income fall 36 per cent as the chain was hit by a decline in copy product line revenue, pressured by a competitive pricing environment.
The company said its revenue for the quarter was $501 million, up from $499 million a year earlier. Operating income was $7 million, down 36 per cent from $11 million a year ago.