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3M reports Q1 sales growth and raises adjusted EPS guidance for 2026

Company Fundamentals
21 Apr 2026
PRNewsWire
View Source
Bullish
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3M reported Q1 2026 GAAP sales of $6.0 billion, up 1.3% year-on-year, with an operating margin of 23.2%, improving by 230 basis points. Adjusted EPS rose 14% to $2.14, reflecting stronger operational performance despite a 40% drop in GAAP EPS to $1.23 due to special items. The company generated $0.6 billion in operating cash flow and returned $2.4 billion to shareholders through dividends and buybacks. 3M reaffirmed its full-year 2026 guidance, expecting adjusted sales growth of about 4%, adjusted EPS between $8.50 and $8.70, and margin expansion, signaling confidence in its long-term strategy amid a volatile environment.

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