UPS says seeing a ‘complex macro environment’

Says U.S. consumer sentiment “near historic lows” which unfavorably impacted small package market. Says manufacturing activity in U.S. “remains soft.” Says Amazon glide down initiative “proceeding as planned.” Says plans to close more buildings and sort centers in 2H25 in concert with Amazon volume decline. Says impact of trade policy “unknown.” Says company, dividend “rock solid strong.” Comments taken from Q2 earnings conference call.