3M Company said on Tuesday that its first-quarter sales came in at $6 billion, rising by 1% compared to the same period in 2024.
The company's net income from continuing operations climbed to $1.12 billion, with diluted earnings per share (EPS) at $2.04, rising from last year's net income of $928 million, or $1.27 per share. 3M also revised its full-year adjusted EPS outlook from continuing operations to a range of $7.60 to $7.90.
"In this dynamic environment we remain focused on improving the fundamentals in the business, building a new performance culture and advancing our strategic priorities while leveraging our extensive global network and significant U.S. footprint," CEO William Brown commented. Following the release of the report, 3M's stock dropped by 2.51% during the premarket hours.
