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Jun 29, 2024
Avery Dennison Q2 2024 Earnings Report
Avery Dennison's Q2 2024 results were announced, demonstrating significant earnings growth driven by higher volume and productivity gains.
Key Takeaways
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
Avery Dennison
Avery Dennison Revenue by Segment
Revenue by Segment
Materials Group Revenue
CapyFin.comSolutions Group Revenue
CapyFin.com Forward Guidance
Avery Dennison has revised its full-year guidance for reported earnings per share and raised its guidance range for adjusted earnings per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income