Avery Dennison (AVY) Tops Q1 EPS by 23c, Offers Guidance

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Avery Dennison Announces First Quarter 2022 Results

April 26, 2022 6:45 AM EDT

Highlights:

1Q22 Reported EPS of $2.39 Adjusted EPS (non-GAAP) of $2.40 1Q22 Net sales increased 14.5% to $2.3 billion Sales growth ex. currency (non-GAAP) of 18.0% Organic sales growth (non-GAAP) of 12.7% Raised FY 2022 EPS guidance Reported EPS of $9.35 to $9.75 (previously $9.25 to $9.65) Adjusted EPS of $9.45 to $9.85 (previously $9.35 to $9.75)

MENTOR, Ohio--(BUSINESS WIRE)-- Avery Dennison Corporation (NYSE: AVY) today announced preliminary, unaudited results... More