3M (NYSE: MMM) reported second quarter 2023 earnings results today.
Sales of $8.3 billion were down 4.3% year-on-year. Organic sales declined 2.2%.
Net loss attributable to 3M was $6.8 billion, or $12.35 per share, compared to net income of $78 million, or $0.14 per share, last year. Adjusted EPS was $2.17.
For the full year of 2023, 3M expects adjusted EPS to be $8.60-9.10.
Most Popular
After a weak first half, will NIKE (NKE) hit the recovery path this year?
After a prolonged slowdown, NIKE, Inc. (NYSE: NKE) is working on a turnaround plan to regain the brand’s strength. In recent years, the sneaker giant’s overall performance has not been
Important takeaways from Paychex’s (PAYX) Q2 2025 earnings report
Paychex Inc. (NASDAQ: PAYX), a leading provider of human resources and payroll services, reported better-than-expected revenue and profit for the second quarter of fiscal 2025, sending the stock higher soon
Lamb Weston’s (LW) challenges may not end soon, a few points to note
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) turned red in mid-day trade on Friday. The stock has dropped 19% in the past one month. The company delivered disappointing results
