3M Co. (MMM) has released a statement indicating that rising oil costs are expected to be offset dollar-for-dollar through pricing adjustments. According to the filing, the company does not anticipate that these increased costs will impact its earnings.
// Filing Digest — factual summary, not investment analysis
3M Expects Higher Oil Costs To Be Offset Dollar-For-Dollar Through Pricing, With No Impact On Earnings
Source: the original filing or story →
Steve Ysreal Monas
Editor-in-Chief and Publisher
Monas Financial is published by Steve Ysreal Monas. He is an author of business, self-help, and fiction books — including The Lean Startup Blueprint and The Resilience Chronicles — and is based in Hawaii.