Business Context and Reporting Period
This Form 8-K is a current report filed by GXO Logistics, Inc. on May 12, 2023. The filing addresses a correction to the cover page of the Company's Form 10-Q for the quarter ended March 31, 2023, which was originally filed on May 10, 2023.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The report is limited to a correction of share count data.
Material Changes
The Company corrected a material error regarding the number of outstanding shares of common stock reported on the cover page of its Form 10-Q:
- Incorrectly Reported: 181,072,412 shares as of May 8, 2023.
- Corrected Value: 118,927,588 shares as of May 8, 2023.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of unusual items beyond the administrative correction of the share count.
Investor Verification Checklist
- Verify the corrected share count of 118,927,588 in the Company's Form 10-Q for the quarter ended March 31, 2023.
- Confirm that financial metrics (EPS, market cap calculations) derived from the original incorrect share count have been adjusted in subsequent filings or press releases.