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.
Avery Dennison Corporation (NYSE: AVY) delivers innovative labeling solutions and RFID technology that power global supply chains and consumer branding. This news hub provides investors and industry professionals with direct access to official announcements, financial updates, and strategic developments from the materials science leader.
Track comprehensive coverage of earnings reports, sustainability initiatives, product innovations, and partnership announcements. Our curated collection features verified press releases on:
- Quarterly financial performance and dividend declarations
- Breakthroughs in smart labeling and RFID technology
- Sustainable packaging advancements
- Strategic acquisitions and global market expansions
Bookmark this page for real-time updates on Avery Dennison's leadership in pressure-sensitive materials and digital identification solutions. Monitor operational milestones that shape the future of retail logistics, healthcare labeling, and industrial adhesives.
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Avery Dennison (AVY) has announced a 9% increase in its quarterly dividend, with a new dividend of $0.88 per share. Shareholders of record as of June 5, 2024, will receive the dividend on June 20, 2024.
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Avery Dennison (AVY) reported strong first-quarter 2024 results with a 43% increase in reported EPS to $2.13 and a 35% increase in adjusted EPS to $2.29. Net sales rose by 4% to $2.2 billion, with sales growth across different segments. The company provided FY24 EPS guidance of $8.60 to $9.10 and adjusted EPS guidance of $9.00 to $9.50. Avery Dennison's Materials Group and Solutions Group both saw sales increases, with Materials Group reporting a 2% increase to $1.5 billion and Solutions Group reporting an 8% increase to $655 million. The company continues to focus on capital deployment, maintaining a strong balance sheet and returning cash to shareholders. Despite some challenges in the apparel industry, Avery Dennison remains optimistic about its growth prospects in 2024.
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Avery Dennison (AVY) will hold its Q1 2024 earnings conference call on April 24, 2024, with a live webcast and news release. The event will provide insights into the company's financial performance.
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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 Corp
NYSE:AVY
AVY Rankings
AVY Stock Data
13.49B
78.34M
0.82%
96.94%
1.9%
Packaging & Containers
Converted Paper & Paperboard Prods (no Contaners/boxes)
United States
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