3M Relies on More Than Just Face Masks to Get Through Pandemic [Yahoo! Finance News]
3M Company (MMM)
Last 3m company earnings: 4/28 06:30 am
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investors.3m.com/overview/default.aspx
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Source: Yahoo! Finance News
Bloomberg) -- 3M Co. jumped after the maker of personal protective equipment reported strength in more than just its face-mask business.Rising demand for cleaning supplies, food-safety products and even home-improvement items helped propel sales and profit above Wall Street’s expectations for the first quarter. While many industries have been decimated by the coronavirus outbreak, 3M reported Tuesday that its revenue rose 2.7%.“These quarterly results were better than feared and indicated that there were still pockets of growth in personal safety, food safety, general cleaning and biopharma filtration,” Deane Dray, an analyst with RBC Capital , said in a note. Virus-driven demand for respirators, meanwhile, added 1.3 percentage points of organic growth, he said.The results underscore the dramatic economic upheaval caused by the coronavirus pandemic. While demand has tailed off in industries such as air travel and restaurants, other companies are seeing soaring interest in products to
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News
- 3M (NYSE:MMM) had its "overweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
- Scotch Brand partners with Ego Nwodim to inspire joyful holiday giftingPR Newswire
- 3M Announces Upcoming Investor EventPR Newswire
- A Look Back at General Industrial Machinery Stocks' Q3 Earnings: 3M (NYSE:MMM) Vs The Rest Of The Pack [Yahoo! Finance]Yahoo! Finance
- 3M (NYSE:MMM) had its price target raised by analysts at Wolfe Research from $187.00 to $197.00. They now have an "outperform" rating on the stock.MarketBeat
MMM
Earnings
- 10/21/25 - Beat
MMM
Sec Filings
- 12/3/25 - Form 4
- 11/14/25 - Form 4
- 11/14/25 - Form 4
- MMM's page on the SEC website