3M Second Quarter Sales May Rise 4%-6%, Company Says
Technology company 3M said that second-quarter sales are expected to rise between 4 and 6 percent from a year earlier to $6.6 billion to $6.75 billion, driven by a sharp rise in organic sales volumes.
3M CEO George Buckley will make the forecast to a meeting of investors and analysts meeting in Kentucky today, the company said in a statement. The company will report second-quarter earnings on July 22, 2010.
The company will also outline strategies to accelerate the sales of retail products such as Post-it notes and Scotch tape.
Investors can access the meeting via webcast at http://investor.3M.com. The meeting will begin at 9.15 am Eastern Time.