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Stock impact report

Avery Dennison Announces First Quarter 2022 Results

Avery Dennison Corporation (AVY) 
Last avery dennison corporation earnings: 4/29 06:45 am Check Earnings Report
Company Research Source: Business Wire
Highlights:1Q22 Reported EPS of $2.39Adjusted EPS (non-GAAP) of $2.401Q22 Net sales increased 14.5% to $2.3 billionSales growth ex. currency (non-GAAP) of 18.0%Organic sales growth (non-GAAP) of 12.7%Raised FY 2022 EPS guidanceReported 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 for its first quarter ended April 2, 2022. Non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached financial schedules. Unless otherwise indicated, comparisons are to the same period in the prior year.“We once again delivered strong financial results amidst a challenging environment, with earnings ahead of expectations,” said Mitch Butier, Avery Dennison chairman and CEO.“Our strong performance comes at a difficult time as COVID-19 continues, supply chains remain tight and inflationary pressu Show less Read more
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