Revenue segments as reported by the company.

Label and Graphic Materials

Retail Branding and Information Solutions

Industrial and Healthcare Materials

Materials Group

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Avery Dennison

Avery Dennison Corp. engages in the provision of labeling and packaging materials and solutions. It operates through the following segments: Label and Graphic Materials, Retail Branding and Information Solutions, and Industrial and Healthcare Materials. The Label and Graphic Materials segment manufactures and sells Fasson, JAC, and Avery Dennison-brand pressure-sensitive label and packaging materials, Avery Dennison and Mactac brand graphics, and Avery Dennison brand reflective products. The Retail Branding and Information Solutions segment designs, manufactures, and sells a variety of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors and industrial customers. The Industrial and Healthcare Materials segment manufactures and sells Fasson-brand and Avery Dennison-brand tapes and fasteners, Vancive brand medical pressure sensitive adhesive-based materials and products, and performance polymers. The company was founded by R. Stanton Avery in 1935 and is headquartered in Mentor, OH.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Avery Dennison reports robust 2022 results, eyes Intelligent Labels growth

Avery Dennison's 2022 performance was strong despite challenges, with a focus on Intelligent Labels and long-term value creation. The company faces challenges with inventory destocking and chip shortages but sees opportunities in the Logistics segment and excess inventory for future sales.

Avery Dennison Q1 2023 Earnings: Challenges, Growth Opportunities Ahead

Avery Dennison faced challenges in Q1 due to higher inventory destocking, impacting revenue outlook for the year.
Despite lower volume and negative free cash flow, the company remains confident in delivering superior value and focusing on long-term growth.
Opportunities lie in the growth potential of Intelligent Labels and incremental restructuring to offset destocking impact.

Avery Dennison reports Q2 EPS below expectations, focuses on cost management and industry collaborations

Avery Dennison faced revenue challenges in Q2 but managed costs effectively to report $1.92 EPS.
Strengths include strong Materials Group margins, cost reduction actions, and ongoing industry engagements.
Challenges include sales decline, achieving $10 EPS run rate, and broader RFID adoption beyond apparel.
Opportunities lie in enhancing inventory visibility, technology adoption, and collaborations in various sectors.

Avery Dennison meets Q3 expectations, eyes $10+ EPS in 2024

Avery Dennison's Q3 performance showcased resilience amid macro uncertainty, with a strategic focus on high-growth categories like Intelligent Labels. Despite challenges in the apparel market, the company anticipates strong growth and margin improvement, aiming for a $10+ EPS run rate in 2024.

Avery Dennison reports robust Q4 performance and eyes Intelligent Labels growth

Avery Dennison's Q4 2023 performance was strong, with a positive outlook for 2024, driven by Intelligent Labels growth and margin expansion.
The company's focus on productivity, cost management, and market share growth positions it well for future success despite challenges.
Opportunities in Intelligent Labels, margin expansion, and operational efficiency present avenues for growth and profitability in 2024.
Investor Day in September 2024 will provide further insights into Avery Dennison's strategic direction and growth plans.

Avery Dennison reports robust Q1 performance and targets Intelligent Labels growth

Avery Dennison's Q1 2024 performance reflects strong earnings growth, margin expansion, and volume growth in both Materials and Solutions Groups.
The company remains confident in its full-year guidance, targeting 20% growth in the Intelligent Labels platform and delivering GDP-plus growth over the longer term.
Challenges include managing cost increases, seasonality impacts, and potential fluctuations in demand, while opportunities lie in driving earnings growth through operational efficiency and market opportunities.
Overall, Avery Dennison's strategic focus on high-value categories, supply chain resilience, and understanding customer dynamics positions it well for sustained growth and profitability.

Avery Dennison (AVY) reports strong Q2 earnings, raises full-year guidance

Avery Dennison (AVY) delivered a strong quarter, raising full-year guidance and targeting 20% earnings growth.
Materials and Solutions Groups showed robust performance, driving sales growth and margin expansion.
Strategies in place to drive growth, profitability, and environmental responsibility amidst competitive dynamics.

Avery Dennison surpasses Q3 earnings expectations and raises full-year guidance

Avery Dennison's Q3 performance exceeded expectations, with strong growth in Materials and Solutions Groups. Challenges in Europe and the drugstore channel were noted, but opportunities for growth and increased earnings guidance were highlighted.

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Avery Dennison Corp. engages in the provision of labeling and packaging materials and solutions. It operates through the Materials and Solutions Group segments. The Materials Group segment manufactures and sells pressure-sensitive label materials, films for graphic and reflective products, performance tapes and other adhesive products for industrial, medical and other applications, as well as fastener solutions. The Solutions Group segment designs, manufactures and sells a wide variety of branding and information solutions, including brand and price tickets, tags and labels, and related services, supplies and equipment. The company was founded by R. Stanton Avery in 1935 and is headquartered in Mentor, OH.

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Avery Dennison Corporation (NYSE:AVY ) Q2 2023 Earnings Conference Call July 25, 2023 1:00 PM ET Company Participants John Eble - VP of Finance and IR Mitch Butier - Chairman and CEO Deon Stander - President and COO Greg Lovins - SVP and CFO Conference Call Participants John McNulty - BMO Capital Markets Ghansham Panjabi - Baird Anthony Pettinari - Citigroup Josh Spector - UBS Mike Roxland - Truist Securities Jeff Zekauskas - JPMorgan Securities George Staphos - Bank of America Christopher Kapsch - Loop Capital Markets Operator Ladies and gentlemen, thank you for standing by. [Operator Instructions] And welcome to Avery Dennison's Earnings Conference Call for the Second Quarter ended on July 1, 2023.

Avery Dennison Corporation (AVY) Q2 2023 Earnings Call Transcript

Avery Dennison's (AVY) second-quarter earnings decline year over year.

Avery Dennison (AVY) Q2 Earnings Miss, Revenues Dip Y/Y

While the top- and bottom-line numbers for Avery Dennison (AVY) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Avery Dennison (AVY) Q2 Earnings: A Look at Key Metrics

Avery Dennison (AVY) came out with quarterly earnings of $1.92 per share, missing the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $2.64 per share a year ago.

Avery Dennison (AVY) Lags Q2 Earnings and Revenue Estimates

MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its second quarter ended July 1, 2023. Non-GAAP financial measures referenced in this release are reconciled from GAAP in the attached financial schedules. Unless otherwise indicated, comparisons are to the same period in the prior year. “Earnings per share increased sequentially in the second quarter, a trend we expect to continue in coming quarters,” said Mitch Butier, Chair.

Avery Dennison Announces Second Quarter 2023 Results

Avery Dennison Corporation, a leading provider of digital identification systems and materials science, holds a market capitalization of $14.32 billion and a return on invested capital of 11%. Despite a 12% decline in year-over-year revenues, the company's diversification strategy and global presence have allowed it to tap into new markets such as the automotive industry. AVY currently holds a solid balance sheet to endure all economic cycles.

Avery Dennison: Diversification Of Operations Resulting In Improved Cash Flows

Avery Dennison (AVY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Avery Dennison (AVY) to Report a Decline in Earnings: What to Look Out for

Avery Dennison (AVY) gains from strategic actions and strong demand amid cost headwinds.

Here's Why You Should Hold on to Avery Dennison (AVY) Stock Now

MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY) will host its second quarter 2023 earnings conference call in a live webcast at 1:00 p.m. ET on Tuesday, July 25, 2023. The company's second quarter news release will be issued that morning at 6:45 a.m. ET. This event will be webcast live, and a replay will be available on Avery Dennison's Investor Relations website (www.investors.averydennison.com). About Avery Dennison Avery Dennison Corporation (NYSE: AVY) is a global mate.

Avery Dennison to Webcast Second Quarter 2023 Earnings Conference Call

Avery Dennison (AVY) faces headwinds from elevated costs and supply-chain issues.

High Costs Ail Avery Dennison (AVY) Despite Strategic Actions

MENTOR, Ohio--(BUSINESS WIRE)-- #AVY--Avery Dennison Announces Planned CEO Succession.

Avery Dennison Announces Planned CEO Succession

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Avery Dennison: Best Price-Positioned Packaging Technology Wealth-Building Stock

Avery Dennison Corporation (AVY) Q1 2023 Earnings Call Transcript.

Avery Dennison Corporation (AVY) Q1 2023 Earnings Call Transcript

Avery Dennison (AVY) witnesses a 29% year-over-year decline in adjusted earnings per share in first-quarter 2023, due to higher-than-anticipated inventory destocking.

Avery Dennison (AVY) Q1 Earnings Beat Estimates, Sales Lag

Although the revenue and EPS for Avery Dennison (AVY) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Avery Dennison (AVY) Reports Q1 Earnings: What Key Metrics Have to Say

Avery Dennison (AVY) came out with quarterly earnings of $1.70 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $2.40 per share a year ago.

Avery Dennison (AVY) Q1 Earnings Surpass Estimates

MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its first quarter ended April 1, 2023. Non-GAAP financial measures referenced in this release are reconciled from GAAP in the attached financial schedules. Unless otherwise indicated, comparisons are to the same period in the prior year. “Earnings per share were in line with our expectations for the first quarter, despite lower revenue due to higher-than-anticipated inventory.

Avery Dennison Announces First Quarter 2023 Results

MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY) will host its first quarter 2023 earnings conference call in a live webcast at 1:00 p.m. ET on Wednesday, April 26, 2023. The company's first quarter news release will be issued that morning at 6:45 a.m. ET. This event will be webcast live, and a replay will be available on Avery Dennison's Investor Relations website (www.investors.averydennison.com).

Avery Dennison to Webcast First Quarter 2023 Earnings Conference Call

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MENTOR, Ohio--(BUSINESS WIRE)-- #AVY--Avery Dennison Corporation (NYSE: AVY) has appointed leaders for its two business segments. Hassan Rmaile has been named president of the Materials Group. Francisco Melo has been named president of the Solutions Group, a role that has been open since Deon Stander's appointment to president and chief operating officer in March of 2022. As earlier announced, the company now consists of two reportable segments.

Avery Dennison Names Hassan Rmaile and Francisco Melo as Presidents for Its Two Business Segments

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MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY) announced today that it has priced an underwritten public offering of $400 million aggregate principal amount of 5.750% Senior Notes due 2033. The Senior Notes were priced at 99.557% of their principal amount. The offering is expected to close on March 15, 2023, subject to customary closing conditions.

Avery Dennison Prices $400 Million Senior Notes Offering

MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY) today announced that its board of directors has appointed Francesca Reverberi as a director, effective February 23, 2023. Reverberi, 51, is chief sustainability officer and senior vice president, Sustainable Plastics, at Trinseo PLC, a specialty materials solutions provider and manufacturer in the United States, Europe and Asia Pacific with approximately $5 billion in 2022 revenues.

News for Avery Dennison Stock (AVY)