Replies to post #25769 on The Rising Influence of Rising Affluence

[DewDiligence]

3M—1Q22 CC transcript of prepared remarks:

https://s24.q4cdn.com/834031268/files/doc_financials/2022/q1/Q1-2022-Transcript.pdf

[DewDiligence]

3M expects $300M revenue_hit_in_2Q22_from China’s COVID lockdowns:

https://finance.yahoo.com/news/3m-expects-300-million-revenue-152459655.html

3M is unusual among multinational firms in that almost all of what 3M sells in China it manufactures in China. The COVID lockdowns forced the temporary closure of some of 3M’s manufacturing sites in China.

This was stated on today’s Bernstein webcast.