CLAIM #42770 · 3M Company (MMM) · 2026Q2 earnings call · Jul 21, 2026 · due Dec 31, 2026
“But we feel it is gonna normalize here and help us in the back half of consumer to be flat to up slightly, is what our expectation would be in the back half of the year.”
William Brown · CEO
How to check this claim
Look at: Consumer Business Group (CBG) revenue growth, second half of fiscal year vs prior year
It came true if: H2 CBG revenue growth >= 0% (flat to slightly positive)
Where: Company segment reporting (10-Q/10-K or earnings call commentary on CBG segment results)
In context
“g the sell through color would be helpful as well. So inventory levels in SIBG and TEBG are normal. there is no discernible trend 1 way or another. Not a not a concern. You know, on CBG, look, I think what was encouraging is to continue to see the point of sale growth or sell out growth around 2.5% in the quarter, which was which was very positive. We felt good about that. It was really isolated to a couple of retailers. And you know, we saw them step back a little bit in the in The US channel step back a little bit in terms of weeks of supply. It was about a 1-week, you know, delta. As we come into July and into Q3, we think this will normalize here, especially as retailer stock for back to school season. You know, but we will keep monitoring it and communicate with investors as we need. But we feel it is gonna normalize here and help us in the back half of consumer to be flat to up slightly, is what our expectation would be in the back half of the year. that is great. Thanks, Bill. Thank you. Operator: Our next question comes from the line of Chigusa Kotoku with JPMorgan. Please proceed with your question. Chigusa Katoku: Good morning. Congrats on a great quarter and thanks for taking my question. My first question is on organic growth. So you raised your organic growth guidance nicely. But it still implies some deceleration in the second from the strong second quarter levels. I think pricing should come through when you have some new delivery schedules in the back half. So what is driving this? Is this consumer and electronics or the timing of deliveries or is this prudence? Chigusa, thank you. William Brown: I mean, it is look. it is a good question. You know, it the fact is the second half will be accelerating from the first half. You”
Verify independently
SEC filings for MMM ↗ · Claim quote is verbatim from the 2026Q2 earnings call.