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.
Reported EPS increased by 76% to $2.18.
Adjusted EPS (non-GAAP) increased by 26% to $2.42.
Net sales increased by 7% to $2.2 billion.
Full-year adjusted EPS guidance was raised to $9.30 to $9.50.
Avery Dennison has revised its full-year guidance for reported earnings per share and raised its guidance range for adjusted earnings per share.
Visualization of income flow from segment revenue to net income
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