Avery Dennison reported a 3.6% increase in net sales to $2.2 billion and a 10% increase in adjusted EPS to $2.38 for Q4 2024. The company's Materials and Solutions Groups both contributed to the strong performance.
Avery Dennison reported a strong third quarter with earnings exceeding expectations. Net sales increased by 4% to $2.2 billion, and adjusted EPS rose by 9% to $2.33. The company has raised its full-year outlook for adjusted earnings per share.
Avery Dennison reported a strong second quarter with a 7% increase in net sales to $2.2 billion and a 26% increase in adjusted EPS to $2.42. The company raised its full-year outlook for adjusted earnings per share.
Avery Dennison reported a strong start to 2024 with significant earnings growth in the first quarter. Net sales increased by 4% to $2.2 billion, with reported EPS up 43% to $2.13 and adjusted EPS up 35% to $2.29. The Materials Group saw volume growth and margin expansion, while the Solutions Group delivered strong top-line growth, driven by high-value categories.
Avery Dennison reported a 4% increase in net sales to $2.1 billion in Q4 2023. Reported EPS was $1.77, and adjusted EPS (non-GAAP) increased by 31% to $2.16. The Materials Group experienced a sales decrease, while the Solutions Group saw significant growth. The company expects strong earnings growth in 2024.
Avery Dennison reported Q3 2023 results with net sales of $2.1 billion and a reported EPS of $1.71. Adjusted EPS was $2.10, up 9% sequentially. The company is managing inventory destocking and seeing growth in its Intelligent Labels platform.
Avery Dennison reported Q2 2023 net sales of $2.1 billion and a reported EPS of $1.24. Volumes in the Materials businesses are recovering, and the Intelligent Labels platform is gaining traction. The company anticipates sequential margin improvement.
Avery Dennison reported a 12% decrease in net sales to $2.1 billion and EPS of $1.49. Adjusted EPS was $1.70, a 29% decrease. The company revised its full-year EPS guidance downwards, citing a softer outlook for the second quarter.
Avery Dennison announced its Q4 2022 results, with net sales declining by 7.2% to $2.0 billion and adjusted EPS decreasing by 23% to $1.65. The company's performance was impacted by volume declines due to significant inventory reductions downstream.
Avery Dennison reported an 11.8% increase in net sales to $2.3 billion, a reported EPS of $2.70, up 38%, and an adjusted EPS of $2.46, up 15% for Q3 2022.
Avery Dennison announced preliminary, unaudited results for the second quarter ended July 2, 2022. Net sales increased 11.7% to $2.3 billion. Reported EPS was $2.61 and adjusted EPS (non-GAAP) was $2.64. The company raised FY 2022 EPS guidance.
Avery Dennison reported a strong third quarter with net sales increasing by 19.8% to $2.07 billion and adjusted EPS up 12% to $2.14. The company raised its full-year adjusted EPS guidance, reflecting confidence in continued earnings growth, and closed the acquisition of Vestcom.
Avery Dennison reported a strong second quarter in 2021, with net sales increasing by 37.5% to $2.10 billion and EPS up by 131% to $2.19. The company raised its full-year EPS guidance and announced an agreement to acquire Vestcom for $1.45 billion.
Avery Dennison reported a strong start to the year with earnings growth above expectations, driven by higher volume and productivity gains across the portfolio. All three operating segments delivered strong sales growth and significant margin expansion.
Avery Dennison reported a strong fourth quarter with a 12.3% increase in net sales to $1.99 billion and a 19% increase in reported EPS to $2.28. The company's performance was driven by growth in its Label and Graphic Materials, Retail Branding and Information Solutions, and Industrial and Healthcare Materials segments, as well as contributions from acquisitions.
Avery Dennison reported net sales of $1.73 billion, a decrease of 1.8%. However, the company experienced strong earnings growth and free cash flow due to better-than-expected revenue and cost reduction actions. Reported net income was $1.79 per share, up 5%, and adjusted net income was $1.91 per share, up 15%.
Avery Dennison reported a decrease in net sales by 14.9% to $1.53 billion due to the impact of the COVID-19 pandemic, with sequential improvement in sales in May and June. Despite the sales decline, the company's adjusted EPS of $1.27 was above expectations, and the company is focused on protecting profitability and investing in high-value categories.
Avery Dennison announced its Q1 2020 results, revealing that while earnings exceeded expectations, the company anticipates a decline in organic growth and earnings for the year. The Label and Packaging Materials business experienced higher demand, while the RBIS business saw a significant decline. The company is actively managing the dynamic environment and expects a disproportionate impact on its second quarter results.
Avery Dennison announced its Q4 and full year 2019 results, highlighting strong adjusted earnings growth for the year despite challenging market conditions. The company is focused on protecting margins, driving growth in high-value categories like RFID, and executing productivity initiatives.