Avery Dennison (AVY) Tops Q2 EPS by 28c; Raises Outlook

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Avery Dennison Announces Second Quarter 2022 Results

July 27, 2022 6:45 AM EDT

Highlights:

2Q22 Reported EPS of $2.61 Adjusted EPS (non-GAAP) of $2.64 2Q22 Net sales increased 11.7% to $2.3 billion Sales growth ex. currency (non-GAAP) of 16.7% Organic sales growth (non-GAAP) of 11.3% Raised FY 2022 EPS guidance Reported EPS of $9.60 to $9.90 (previously $9.35 to $9.75) Adjusted EPS of $9.70 to $10.00 (previously $9.45 to $9.85)

MENTOR, Ohio--(BUSINESS WIRE)-- Avery Dennison Corporation (NYSE: AVY) today announced preliminary, unaudited results for its second quarter ended July 2, 2022. Non-GAAP... More