Avery Dennison (AVY) Tops Q2 EPS by 20c, Raises Guidance

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Go back to Avery Dennison (AVY) Tops Q2 EPS by 20c, Raises Guidance

Avery Dennison Announces Second Quarter 2021 Results

July 28, 2021 6:45 AM EDT

Highlights:

2Q21 Reported EPS of $2.19, up 131% Adjusted EPS (non-GAAP) of $2.25, up 77% 2Q21 Net sales increased 37.5% to $2.10 billion Sales growth ex. currency (non-GAAP) of 29.2% Organic sales growth (non-GAAP) of 28.1% Raised FY 2021 EPS guidance ranges Reported EPS range now $8.50 to $8.80 (previously $8.25 to $8.65) Adjusted EPS range now $8.65 to $8.95 (previously $8.40 to $8.80) Announced agreement to acquire Vestcom for $1.45 billion

GLENDALE, Calif.--(BUSINESS... More