3M Reports Second-Quarter 2026 Results; Increases Full-Year Guidance

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    "url": "https://www.prnewswire.com/news-releases/3m-reports-second-quarter-2026-results-increases-full-year-guidance-302830119.html",
    "title": "3M Reports Second-Quarter 2026 Results; Increases Full-Year Guidance",
    "excerpt": "ST. PAUL, Minn. , July 21, 2026 /PRNewswire/ -- 3M (NYSE: MMM ) today reported second-quarter results. \"We delivered a strong second quarter, exceeding expectations with mid-single-digit sales growth, robust operating margins of about 25%, and double-digit EPS growth, reflecting the progress we're making on our strategic priorities and building a higher-performing company,\" said William Brown, 3M Chairman and CEO. \"As a result of our strong first-half performance and continued momentum, we are increasing our full-year guidance and remain confident in our ability to create long-term value for shareholders. I want to thank the 3M team for their disciplined execution, dedication, and relentless focus on delivering innovative solutions for our customers.\" Second-quarter highlights: Q2 2026 Q2 2025 GAAP EPS $ 1.78 $ 1.34 Special items: Loss on business divestitures 0.61 - (Increase) decrease in value of Solventum ownership (0.60) 0.01 Net costs for significant litigation and PFAS exit 0.44 0.79 Transformation costs 0.15 - Business acquisition-related costs 0.02 - Manufactured PFAS products - 0.02 Adjusted EPS $ 2.40 $ 2.16 Memo: GAAP operating income margin 15.1 % 18.0 % Adjusted operating income margin 24.9 % 24.5 % GAAP Adjusted (non-GAAP) Net sales (billions) $6.5 $6.5 Sales change Total sales 2.4 % 5.5 % Components of sales change: Organic sales 2.3 5.4...",
    "summary": "3M reported net sales of $6.5 billion for the second quarter of 2026.",
    "location": "St. Paul, Minnesota, USA",
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