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3M's Earnings: Everything You Need to Know

3M isn't the innovative company it used to be.

By Travis Hoium – Jan 24, 2024 at 9:40AM EST

3M (MMM 2.07%) reported fourth-quarter 2023 earnings on Tuesday, and there wasn't a lot to like for investors. Travis Hoium covers everything you need to know in this video.

*Stock prices used were end-of-day prices of Jan. 23, 2024. The video was published on Jan. 23, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Target, and Walmart. The Motley Fool recommends 3M. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

3M Stock Quote
3M
NYSE: MMM
$151.35
(-2.07%)-$3.20
Walmart Stock Quote
Walmart
NASDAQ: WMT
$127.92
(+0.33%)+$0.42
Target Stock Quote
Target
NYSE: TGT
$130.18
(+1.83%)+$2.34
Amazon Stock Quote
Amazon
NASDAQ: AMZN
$248.28
(-0.91%)-$2.28

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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