3M CEO talks fourth quarter earnings, inflation, and supply chain disruptions

Yahoo Finance published this video item, entitled “3M CEO talks fourth quarter earnings, inflation, and supply chain disruptions” – below is their description.

#3M #3Mearnings #inflation #supplychain

3M CEO Michael Roman joins Yahoo Finance’s Brian Sozzi to discuss the company’s fourth quarter earnings.

Yahoo Finance YouTube Channel

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In This Story: 3M

The 3M Company (NYSE: MMM) is an American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods.

The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical products, car-care products, electronic circuits, healthcare software and optical films. It is based in Maplewood, a suburb of Saint Paul, Minnesota.

3M made $32.8 billion in total sales in 2018, and ranked number 95 in the Fortune 500 list of the largest United States corporations by total revenue. As of 2018, the company had approximately 93,500 employees, and had operations in more than 70 countries.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: supply chain

In commerce, a supply chain is a system of organizations, people, activities, information, and resources involved in supplying a product or service to a consumer.

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