MAAT INDEX

CLAIM #42636 · 3M Company (MMM) · 2025Q3 earnings call · Oct 21, 2025 · due Dec 31, 2026

And next year, we see a line of sight because of commercial excellence, NPI to get there.

Anurag Maheshwari · CFO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: Cumulative incremental revenue/growth contribution from Investor Day initiatives, next fiscal year (2026)

It came true if: Reported cumulative contribution for 2026 >= $300 million (i.e., cumulative total >= $400 million including the $100 million from this year)

Where: Company-disclosed Investor Day progress update (quarterly earnings calls / investor presentations in 2026)

In context

ally good work that we've done in terms of our margin expansion, clearly, productivity across supply chain, across G&A has really been good through the first 9 months of the year. So where we sit today, we actually feel very good about the 25% target that we set out for '27. We're moving absolutely in the right direction around there. And come in January, we'll probably provide a refresh on where we stand on our 3-year targets. So as we get into '26, Amit, I think what we are going to see is continued outperformance versus the macro. What we laid out in Investor Day was $1 billion over 3 years, $100 million this year, $300 million next year and $600 million a year after cumulative of $1 billion. Just at our second half performance, you'll see that we have about $100 million for this year. And next year, we see a line of sight because of commercial excellence, NPI to get there. On the margin side, supply chain. We've done some good work this year in a couple of times, but there's still other areas in terms of the factory spend, whether we see more opportunities, we kind of drive that harder and G&A will continue. So I think overall, you will see next year again to be a strong operating performance here. And from where we sit today, we feel pretty good about where we laid out the Investor Day targets and provide more of a refresh in January. Amit Mehrotra: Okay. Great. And then, Bill, I just wanted to ask a question on the divestitures. I know you talked about the 2%, 3%. But if I remember correctly, that 2%, 3% was kind of part of this 10% of the 120 profit centers umbrella that you thought maybe would be better in the hands of other people. Are you -- do you fe

Verify independently

SEC filings for MMM · Claim quote is verbatim from the 2025Q3 earnings call.