Anyone like to give some predictions? Stock up or down tomorrow?
14 replies (most recent on top)
Q2 sales will surge for once. But that's at the expense of Q3 and Q4. Be prepared for more cuts.
The surcharge appears to be a reactive, opportunistic move rather than part of a considered pricing strategy. With a price increase already implemented in April and a further adjustment in May, the risk of volume erosion is clear. Customers are unlikely to absorb consecutive increases and may seek alternatives. While operating rigor may be supporting margin performance, it is being applied in place of a clear strategic approach. This points to a lack of strategic foresight and commercial judgement at leadership level, and suggests that the second half of the year will be challenging in terms of recovery. It also raises the question of how any resulting volume shortfall will be offset — most likely through further cost actions, with inevitable implications for organisational capacity.
@hx
It was crazy lay off of good people with a vengeance it seemed like. The new leader in TEBG (WC) or the leaders selected by her are not the ones who would recognize innovation as well. Well CBG is another story. I am wondering what made innovation in this company. I get the answers as the then directors ( VP) and above were so erratic and didn’t care and moved in cliques …. Nepotism you may call it
@da yep- you can’t innovate if you’ve gotten rid of all the people who know how to. It’s all smoke and mirrors and Wall Street knows it
The earnings call was a masterclass in having it both ways—growth is coming but not here, margins are improving but under pressure, everything is getting better but nothing quite yet.
It will be up or down depending on who wants to buy it or sell it and at what rate they want to or have to...
The company is soulless as indicated by its leadership. People are being let go seemingly at random. Innovation is nonexistent. The excitement of working at 3M is gone. I want to warn people who are seeking a career to run away as fast as they can. 3M’s days are surely numbered. Cut cut sell, poof….gone. A ruthless businessman with a known record of unhappy employees was not wise.
Wall Street is smart enough to know that good earning is by cost cutting… growth is a big iffy …. Especially when R&D both in CRL divisions are not innovating…. Only inventing to write records and patents. As a result stock is still red
Most plants had a great 1st Qtr and yet get beaten down. Be prepared for deeper cost controls for rest of the year
Dang premarket down $6.40 already...
'The pre-market stock decline signals that the market is currently more concerned with growth than with cost-cutting.'
Looks like investors are catching on!
@be when has BB ever announced anything like this ? It's all off the record stuff
Bad start to 2026
Pre market is down already
My bet is that it will go up. The CEO will announce massive cuts and selling off of low margin businesses providing a temporary jump in the stock.
With me on the odds ?
Down. Always down. I have stopped thinking it might go up and just prepare for it to be down.