3M, St. Paul, Minn., released its third-quarter numbers, which included earnings of $1.98 per share, an 11.2 percent increase over the same time last year. Sales also grew 2.8 percent over last year to $8.1 billion this year as of Sept. 30, which was the close of the third quarter.
3M Promotional Markets Department
Formerly having a 75 percent stake in Sumitomo 3M, St. Paul, Minnesota's 3M is now the sole owner, the company announced Sunday.
3M, St. Paul, Minn., appointed Nicholas C. Gangestad to senior vice president and chief financial officer this week. Effective immediately, he replaces David W. Meline, who is departing for another large, publicly traded company.
Workaholics. Office Space. The Office. All modern office-themed TV shows and movies lauded for their workplace accuracy, but also all with sets missing one major detail—promotional products.
3M Co., the St. Paul, Minnesota-based parent company of 3M Promotional Markets, is rumored to be selling portions of its electronics business.
3M reported fourth-quarter earnings of 2013. Sales and per-share earnings were the highest of any fourth quarter in 3M's history.
Today, 3M reported third-quarter earnings of $1.78 per share, an increase of 7.9 percent versus the third quarter of 2012. Sales grew 5.6 percent year-on-year to $7.9 billion.
There's a reason why more than a billion dollars worth of promotional desk and office products are sold every year: They're effective. From sticky notes and pens to journals and mugs, the items we use during every workday are the perfect vehicles for promotional advertising.
Office product giants 3M and Avery Dennison announced Friday that the companies had reached an agreement to settle a series of lawsuits that had been ongoing since 2010. The announcements settle two outstanding patent lawsuits and an antitrust violation accusation.