Now maybe “fear” is the wrong term, but it’s as valid as any. MinnPost.com is reporting that 3M, long-plagued by shrinking sales in the new economy, is making back some lost profits with record sales of flu masks and other health and safety gear.
3M’s third-quarter profits of $971 million beat analysts’ predictions and prompted the company to raise its outlook for the fiscal year.
Health-care sales increased 4.7 percent to $1.1 billion, while its consumer and office division saw sales fall 4.8 percent to $923 million. Office products saw double-digit sales declines, the company said.
‘Tis the season to get sick, folks. There’s nothing wrong with a little caution, and 3M and the rest of the gang over at On Time Supplies are happy to help out with masks, hand sanitizer, and everything else you need to stay healthy and happy this fall.