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Avery Dennison Corp - AVY STOCK NEWS

Welcome to our dedicated page for Avery Dennison news (Ticker: AVY), a resource for investors and traders seeking the latest updates and insights on Avery Dennison stock.

Overview of Avery Dennison Corporation

Avery Dennison Corporation (NYSE: AVY) is a globally recognized leader in labeling and packaging materials, providing innovative solutions that are essential to products across virtually every major industry. Headquartered in Glendale, California, the company operates in more than 50 countries, supported by a workforce of over 25,000 employees. With a strong emphasis on materials science and advanced manufacturing, Avery Dennison develops technologies that enhance product identification, branding, and supply chain efficiency.

Core Business Areas

The company’s operations are primarily organized into two key segments:

  • Label and Graphic Materials: Avery Dennison produces pressure-sensitive materials used in labels, graphic displays, and other applications. These materials are critical for industries such as retail, logistics, food and beverage, healthcare, and automotive.
  • Retail Branding and Information Solutions (RBIS): This segment focuses on merchandise tags, branding labels, and specialty converting solutions, including radio-frequency identification (RFID) inlays and labels. These technologies enable smarter supply chains and improve inventory management for retailers worldwide.

Innovative Technologies and Solutions

Avery Dennison is at the forefront of innovation in the labeling and packaging industry. Its RFID technology, for instance, plays a pivotal role in enabling real-time inventory tracking and enhancing operational efficiency for businesses. By integrating digital intelligence into physical products, Avery Dennison helps brands create more connected and sustainable supply chains. The company also invests in sustainable materials and processes, aligning with global trends toward environmental responsibility.

Global Market Presence

With a strong international footprint, Avery Dennison generates a significant portion of its revenue from markets outside the United States. This global presence allows the company to serve a diverse customer base, including manufacturers, retailers, and service providers. Its ability to adapt to regional market demands and regulatory environments underscores its resilience and strategic positioning in the global economy.

Competitive Landscape

Avery Dennison operates in a competitive industry alongside other major players in the labeling, packaging, and materials science sectors. The company differentiates itself through its focus on innovation, particularly in RFID and sustainable materials. By addressing critical challenges such as supply chain transparency and environmental impact, Avery Dennison continues to position itself as a trusted partner for businesses worldwide.

Key Challenges and Opportunities

Like many companies in the manufacturing and materials sectors, Avery Dennison faces challenges related to raw material costs, regulatory compliance, and sustainability demands. However, its commitment to innovation and its ability to anticipate market trends provide significant opportunities for growth. The increasing adoption of RFID technology and the global shift toward sustainable packaging solutions are particularly promising areas for the company.

Conclusion

Avery Dennison Corporation stands out as a vital enabler of modern commerce, offering solutions that enhance product functionality, brand identity, and supply chain efficiency. Its expertise in materials science, coupled with a global presence and a strong focus on innovation, positions it as a key player in the labeling and packaging industry. Whether through its advanced RFID technologies or its commitment to sustainability, Avery Dennison continues to shape the future of product identification and packaging solutions.

Rhea-AI Summary
Avery Dennison Corporation (NYSE: AVY) appoints Ryan Yost as President of Materials Group, emphasizing growth in logistics, food, and retail markets, innovation, technology, and sustainability.
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Avery Dennison Corporation (AVY) appoints Maria Fernanda Mejia, a seasoned executive with extensive international experience in the consumer goods industry, to its board of directors. Mejia has a successful track record at Newell Brands Inc. and Kellogg Company, bringing valuable expertise to Avery Dennison.
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Avery Dennison Corporation (AVY) has announced a quarterly cash dividend of $0.81 per share, payable on March 20, 2024, to shareholders of record on March 6, 2024.
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Avery Dennison Corporation (AVY) reported 4Q23 EPS of $1.77, adjusted EPS of $2.16, up 31%, and net sales of $2.1 billion, up 4%. FY23 EPS was $6.20, adjusted EPS $7.90, and net sales $8.4 billion, down 8%. FY24 EPS guidance is $8.65 to $9.15, adjusted EPS guidance is $9.00 to $9.50. The company reported a strong performance in the fourth quarter, with growth in Label Materials and Apparel Solutions segments. Intelligent Labels platform is expected to deliver significant growth in 2024. The company deployed $225 million for acquisitions and returned $394 million in cash to shareholders. The reported effective tax rate was 29.0% in the fourth quarter and 27.6% for the full year. The company realized approximately $69 million in pre-tax savings from restructuring in 2023.
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Avery Dennison Corporation (AVY) will host its Q4 and full year 2023 earnings conference call on January 31, 2024, with the news release issued at 6:45 a.m. ET. The event will be webcast live, and a replay will be available on Avery Dennison's Investor Relations website.
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Wiliot (WILI) to Showcase Industry-Changing IoT Visibility Technology at NRF 2024
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Avery Dennison Corporation (NYSE:AVY) declares a quarterly cash dividend of $0.81 per share payable on December 20, 2023.
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Avery Dennison Corporation (NYSE:AVY) announces preliminary results for Q3 2023. Net sales of $2.1 billion, down 10% ex. currency. Adjusted EPS of $2.10, up 9% sequentially. Q4 2023 guidance: Reported EPS of $2.05 to $2.20, Adjusted EPS of $2.10 to $2.25.
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Avery Dennison Corporation to host Q3 2023 earnings conference call
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Avery Dennison commissions Europe's largest Concentrated Solar Thermal (CST) platform and Thermal Storage unit at its production plant in Belgium, reducing greenhouse gas emissions by 9% annually.
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FAQ

What is the current stock price of Avery Dennison (AVY)?

The current stock price of Avery Dennison (AVY) is $185.92 as of March 3, 2025.

What is the market cap of Avery Dennison (AVY)?

The market cap of Avery Dennison (AVY) is approximately 15.0B.

What does Avery Dennison Corporation do?

Avery Dennison specializes in labeling, packaging materials, and RFID technologies, serving industries like retail, logistics, and healthcare.

How does Avery Dennison generate revenue?

The company generates revenue through the sale of pressure-sensitive materials, merchandise tags, RFID inlays, and other packaging solutions.

What industries does Avery Dennison serve?

Avery Dennison serves diverse industries, including retail, food and beverage, automotive, healthcare, and logistics.

What is Avery Dennison’s role in RFID technology?

Avery Dennison produces RFID inlays and labels that enable real-time inventory tracking and smarter supply chain management.

How does Avery Dennison address sustainability?

The company invests in sustainable materials and processes, aligning with global trends toward environmentally responsible packaging solutions.

Where does Avery Dennison operate?

Avery Dennison operates in over 50 countries, with a significant portion of its revenue coming from international markets.

What differentiates Avery Dennison from its competitors?

Avery Dennison stands out through its focus on innovation, particularly in RFID technology and sustainable packaging materials.

What challenges does Avery Dennison face?

The company faces challenges such as raw material costs, regulatory compliance, and meeting sustainability demands.
Avery Dennison Corp

NYSE:AVY

AVY Rankings

AVY Stock Data

14.96B
79.45M
0.75%
94.88%
2.45%
Packaging & Containers
Converted Paper & Paperboard Prods (no Contaners/boxes)
Link
United States
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