3M cuts 2025 profit forecast amid trade tensions
ReutersApr 22, 2025 10:34 AM
April 22 (Reuters) - U.S. industrial conglomerate 3M Co MMM.N cut its forecast for 2025 profit on Tuesday amid trade tariff tensions and weak consumer sentiment.
The St. Paul, Minnesota-based company now expects a tariff-related negative impact of $0.20 to $0.40 per share on its full-year adjusted profit forecast of $7.60 to $7.90.
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