Avery Dennison (AVY) Tops Q4 EPS by 1c
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Avery Dennison Announces Fourth Quarter and Full Year 2021 Results
February 2, 2022 6:45 AM ESTHighlights:
4Q21 Reported EPS of $2.19, down 4% driven by impact of extra week in prior year Adjusted EPS (non-GAAP) of $2.13, down 6%; up 23% vs. 2019 4Q21 Net sales increased 9.7% to $2.2 billion Sales growth ex. currency (non-GAAP) of 18.5% Organic sales growth (non-GAAP) of 12.8% FY21 Reported EPS of $8.83, up 34% Adjusted EPS (non-GAAP) of $8.91, up 25% FY21 Net sales increased 20.6% to $8.4 billion Sales growth ex. currency (non-GAAP) of 18.6% Organic sales growth (non-GAAP) of 15.6% FY22... More