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Fortune

Sheryl Estrada

UPS CFO on the lessons learned from scaling back Amazon—and why the strategy is paying off

UPS Amazon Carol Tomé

A United Parcel Service Inc. logo is displayed on a truck. (Credit: Getty Images)

Good morning. Scaling back business with one of its largest customers was a gamble for UPS. Now, the company’s second-quarter results suggest that bet is starting to pay off.

The company reported on Tuesday revenue growth of 7.6% year over year in Q2 2026, alongside operating profit growth and margin expansion across all segments. For CFO Brian Dykes, the quarter marked a turning point.

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