Avery Dennison (AVY) Tops Q2 EPS by 11c, Offers Guidance

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Avery Dennison Announces Second Quarter 2018 Results

July 24, 2018 6:45 AM EDT

2Q18 Reported EPS of $1.07 Adjusted EPS (non-GAAP) of $1.66 2Q18 Net sales increased 14.0% to $1.85 billion Sales change ex. currency (non-GAAP) of 10.0% FY18 Reported EPS guidance midpoint reduced by $0.33, driven by ~$0.60 estimated impact of recently announced termination of U.S. pension plan Raised FY18 guidance midpoint for Adjusted EPS by $0.08

GLENDALE, Calif.--(BUSINESS WIRE)-- Avery Dennison Corporation (NYSE: AVY) today announced preliminary, unaudited... More