3M Co
MMM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|z@ | LOCK|@&^c | LOCK|@WwNDxB |
3M Earnings: Litigation Costs Hamper GAAP Results; Adjusted Results Show Business as Usual
3M's sales grew 1.5% organically and its adjusted operating margin expanded nearly 300 basis points year over year. Results were driven by strength in 3M's safety & industrial segment and the Asia-Pacific region.
