Avery Dennison Corporation (AVY) hosted its 2024 Investor Day on Wednesday. Let's discuss the key takeaways from the event. AVY’s shares gained 3.1% after the company stated that it is on track to meet its 2020-2025 long-term targets of more than 5% sales growth, adjusted EBITDA margin of more than 16% and around 10% adjusted EPS growth.Avery Dennison Adjusts Intelligent Labels’ OutlookAvery Dennison expects its Materials segment to be driven by several key factors. Attractive packaging will drive sales, wh ...

Avery Dennison (AVY) shares soared 3.1% in the last trading session to close at $215.77. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.6% loss over the past four weeks.Shares of Avery Dennison have gained since the company hosted its investor day on Wednesday. The company announced that it is on track to meet its 2020-2025 financial targets, driven by sales growth, strong margins, and solid capital efficiency.The company is e ...

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Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Gr ...

Avery Dennison Corporation (NYSE:AVY) Q2 2024 Results Conference Call July 23, 2024 12:00 PM ET Company Participants John Eble - Vice President, Finance and Investor Relations Deon Stander - President and Chief Executive Officer Gregory Lovins - Senior Vice President and Chief Financial Officer Conference Call Participants John McNulty - BMO Capital Markets Ghansham Panjabi - Baird George Staphos - Bank of America Michael Roxland - Truist Securities Josh Spector - UBS Matt Roberts - Raymond James Jeff Zekau ...

Avery Dennison Corporation (AVY) has delivered adjusted earnings of $2.42 per share in second-quarter 2024, beating the Zacks Consensus Estimate of $2.25. The bottom line marked 26% year-over-year growth.Including one-time items, the company has reported earnings per share (EPS) of $2.18 compared with the year-ago quarter’s $1.24.Total revenues grew 6.9% year over year to $2.24 billion, beating the Zacks Consensus Estimate of $2.18 billion.Cost of sales in the quarter grew 2.3% year over year to $1.57 billi ...

Avery Dennison (AVY) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $2.25 per share. This compares to earnings of $1.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.56%. A quarter ago, it was expected that this maker of office products would post earnings of $2.15 per share when it actually produced earnings of $2.29, delivering a surprise of 6.51%.Over the last four quarters, ...

Exhibit 99.1 For Immediate Release Highlights: ● 2Q24 Reported EPS of $2.18, up 76% ¡ 2Q24 Adjusted EPS (non-GAAP) of $2.42, up 26% ● 2Q24 Net sales of $2.2 billion, up 7% ¡ Sales change ex. currency (non-GAAP) up 8% ¡ Organic sales change (non-GAAP) up 7% ● FY24 EPS guidance ¡ Revising Reported EPS guidance of $8.75 to $8.95 (previously $8.60 to $9.10) ¡ Raising Adjusted EPS guidance of $9.30 to $9.50 (previously $9.00 to $9.50) MENTOR, Ohio, July 23, 2024 – Avery Dennison Corporation (NYSE:AVY) today anno ...

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Avery Dennison Corporation (AVY) is scheduled to report second-quarter 2024 results before the opening bell on Jul 23.The Zacks Consensus Estimate for AVY’s second-quarter revenues is pegged at $2.18 billion, indicating 4.4% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at $2.25 per share. Of the five analysts providing estimates for the second quarter, two have raised their estimates, whereas others have kept their estimates unchanged over the past 60 days. Overall, ...