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Despite Strong N95 Mask Demand, 3M's Sales Dropped in April

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Despite Strong N95 Mask Demand, 3M's Sales Dropped in April

Industrial giant 3M (NYSE: MMM) reported today that its April sales declined by 11% year over year, with strength in its healthcare segment more than offset by weaknesses in its other businesses. An increase of 5% in healthcare sales was driven by demand for COVID-19 related personal protective equipment (PPE), including N95 respirators.

Source Fool.com

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