Avery Dennison (AVY) Tops Q2 EPS by 3c, Provides Outlook

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Go back to Avery Dennison (AVY) Tops Q2 EPS by 3c, Provides Outlook

Avery Dennison Announces Second Quarter 2015 Results

July 29, 2015 8:30 AM EDT

2Q15 Reported EPS of $0.68 Adjusted EPS (non-GAAP) of $0.91 2Q15 Net sales declined approximately 6 percent to $1.52 billion Net sales up approximately 4 percent on organic basis Repurchased 1.1 million shares for $62 million and paid $66 million in dividends in the first half of 2015 Updated FY15 Reported EPS guidance to $2.82 to $3.02, reflecting loss on sale and exit costs associated with a product line divestiture in 2Q No change to full year guidance for adjusted EPS growth of 5 to 11 percent... More