Contract logistics provider GXO Logistics announced new business wins and raised its 2025 outlook. Second-quarter adjusted earnings per share were 57 cents, 2 cents higher y/y. EBITDA was $212 million, up 13% y/y. $307 million in new deals pushed total wins to $535 million in the first half of 2025.

With a pipeline of $2.4 billion, GXO reported consolidated revenue of $3.3 billion, up 16% y/y. Management noted a diverse pipeline, with more warehouse automation opportunities. Full-year outlook includes organic revenue growth of 3.5% to 6.5% and adjusted EPS of $2.43 to $2.63.

GXO CEO Malcolm Wilson expressed confidence in a strong holiday season and 2026 outlook. While the company has opportunities to outperform, a level of conservatism in guidance is warranted due to market uncertainties and an upcoming leadership transition. Adjusted EBITDA guidance was raised to $865 million to $885 million.

Read more at Yahoo Finance: GXO encouraged by pre-peak season activity, well positioned for 2026