Industrial giant 3M (MMM) provided an optimistic outlook on Tuesday, raising the lower end of its full-year profit guidance. The company reported better-than...
) provided an optimistic outlook on Tuesday, raising the lower end of its full-year profit guidance. The company reported better-than-expected quarterly earnings , with operating margins growing 23% year over year — sending the stock higher.
So a huge positive lift here when it comes to the optimism surrounding this name, the CEO Bill Brown, he started back in May. Also something that was interesting that he pointed out Bill Brown in, in terms of some of the trends that they're seeing or strategies that they're implementing or really focusing on while he is at the helm, he talks about on time and in full delivery of products this quarter, that reached 89%.And he went on to say that we all recognize that we've lost business to competitors because we didn't have the right product ready to go.
Madison Mills Quarterly Earnings 3M Operating Margins Full-Year Profit
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