3M CFO Says Q2 Operating Profit Offset By $110M From Tariff Impact, Stranded Cost Headwind; Co Has Not Received Any Tariff Refunds To Date
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Why It Matters
3M made money in Q2, but tariffs (extra taxes on imports) cost them $110 million. The company hasn't gotten any of that money back yet, so watching if they do matters.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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