BRIEF-3M CFO says co has not received any tariff refunds to date - conf. call

3M Company

3M Company

MMM

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July 21 (Reuters) - 3M Co MMM.N:

  • 3M CEO SAYS CO CONTINUES TO SEE COUPLE PLACES WITH PRESSURE; INCLUDING CONSUMER ELECTRONICS, AUTO AND AUTO AFTERMARKET, U.S. CONSUMER SPENDING - CONF. CALL

  • 3M CFO SAYS Q2 OPERATING PROFIT OFFSET BY $110 MILLION FROM TARIFF IMPACT, STRANDED COST HEADWIND

  • 3M CFO SAYS CO HAS NOT RECEIVED ANY TARIFF REFUNDS TO DATE

  • 3M CFO SAYS INCREASE IN ANNUAL EARNINGS FORECAST IS COMING FROM STRONGER SALES GROWTH, PRODUCTIVITY GAINS AND CAPITAL DEPLOYMENT STRATEGY

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