Transportation
3M Maintains Outlook, Offers ‘Surgical’ Solutions to Tariffs
3M Co. Post-It notes.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
3M Co. shares jumped after it stood by its full-year financial guidance while acknowledging new risks from the unfolding trade war, with executives outlining its strategies to manage a turbulent business environment.
Tariffs will have a negative impact of as much as 40 cents a share on full-year earnings, the company said Tuesday in a statement as it reported first-quarter results. Still, 3M reaffirmed guidance for 2025 adjusted profit of $7.60 to $7.90 a share.