Generational Disruption Shifts Norms For Industrial Distributors
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: GlobeNewswire
ATLANTA, June 10, 2019 (GLOBE NEWSWIRE) -- As the demographics of industrial buyers shift, businesses must adapt to accommodate evolving customer demands and preferences by offering faster, more customer-focused services. The fourth UPS (NYSE:UPS) Industrial Buying Dynamics study revealed how a new wave of buyers is shaping the industrial buying landscape today. “The rise of Millennials in the workplace ushers in a new era that challenges long-standing industry norms,” said Brooke Yamini, Vice President of Marketing Operations at UPS. “Not only do these young, tech-savvy customers want orders delivered quickly, they are also influenced by additional services and post-sales support.” The UPS study revealed four ways these new buyers are shaking up the industry. Shifting Demographics. Thirty-eight percent of this year’s survey respondents were Millennials, an increase of 10 percentage points from 2017. This growing generation of buyers is less loyal to tradition,
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News
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- United Parcel Service, Inc. (NYSE: UPS) was upgraded by analysts at HSBC Holdings plc from a "hold" rating to a "buy" rating. They now have a $170.00 price target on the stock.MarketBeat
- United Parcel Service: I See Persisting Profit Pressure Ahead [Seeking Alpha]Seeking Alpha
- United Parcel Service, Inc. (NYSE: UPS) had its price target raised by analysts at Bank of America Co. from $157.00 to $160.00. They now have a "neutral" rating on the stock.MarketBeat
- United Parcel Service, Inc. (NYSE: UPS) had its price target raised by analysts at BMO Capital Markets from $165.00 to $169.00. They now have a "market perform" rating on the stock.MarketBeat
UPS
Earnings
- 4/23/24 - Beat
UPS
Sec Filings
- 4/23/24 - Form 8-K
- 4/11/24 - Form PX14A6G
- 3/27/24 - Form 4
- UPS's page on the SEC website