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Avery Dennison Corp (AVY.N)

AVY.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Avery Dennison Reports Q4 Adjusted Earnings Per Share $1.52
Wednesday, 30 Jan 2019 06:45am EST 

Jan 30 (Reuters) - Avery Dennison Corp ::AVERY DENNISON ANNOUNCES FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.52.Q4 SALES $1.77 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.79 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $1.50 -- REFINITIV IBES DATA.SEES FY 2019 EARNINGS PER SHARE $2.70 TO $2.95.Q4 EARNINGS PER SHARE $1.11.QTRLY ORGANIC SALES CHANGE (NON-GAAP) OF 4.8%.AVERY DENNISON - SEES 2019 ADJUSTED EPS OF $6.45 TO $6.70.AVERY DENNISON - ANTICIPATES COMPLETION OF U.S. PENSION PLAN TERMINATION WILL REDUCE REPORTED EPS BY ABOUT $3.55 DURING Q1.FY2019 EARNINGS PER SHARE VIEW $6.60 -- REFINITIV IBES DATA.ANTICIPATES IT WILL CONTRIBUTE ADDITIONAL $50 TO 60 MILLION DURING 2019, TO FULLY FUND PENSION PLAN & COMPLETE TRANSACTION.  Full Article

Avery Dennison Reports Q2 Adjusted Non-GAAP Earnings Per Share Of $1.66
Tuesday, 24 Jul 2018 06:45am EDT 

July 24 (Reuters) - Avery Dennison Corp ::AVERY DENNISON ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.66.Q2 EARNINGS PER SHARE $1.07.Q2 SALES $1.85 BILLION VERSUS I/B/E/S VIEW $1.8 BILLION.Q2 EARNINGS PER SHARE VIEW $1.55 -- THOMSON REUTERS I/B/E/S.FY18 REPORTED EPS GUIDANCE MIDPOINT REDUCED BY $0.33.RAISED FY18 GUIDANCE MIDPOINT FOR ADJUSTED EPS BY $0.08.FY2018 EARNINGS PER SHARE VIEW $5.97 -- THOMSON REUTERS I/B/E/S.AVERY DENNISON -CURRENT YEAR OUTLOOK FOR ADJUSTED EARNINGS HAS IMPROVED DESPITE CURRENCY-RELATED HEADWINDS IN BACK HALF OF YEAR.AVERY DENNISON - IN Q2, REALIZED ABOUT $9 MILLION IN PRETAX SAVINGS, INCURRED PRETAX RESTRUCTURING CHARGES OF ABOUT $59 MILLION.AVERY DENNISON- ESTIMATED TOTAL PRE-TAX SETTLEMENT CHARGES IN RANGE OF $575 MILLION TO $600 MILLION FROM U.S. PENSION PLAN TERMINATION.AVERY DENNISON - ESTIMATES AFTER-TAX IMPACT CONNECTED WITH U.S. PENSION PLAN TERMINATION TO REDUCE REPORTED EPS BY $0.50 TO $0.70 IN 2018.AVERY DENNISON SEES AFTER-TAX IMPACT CONNECTED WITH U.S. PENSION PLAN TERMINATION TO REDUCE REPORTED EPS BY ADDITIONAL $4.25 TO $4.45 IN 2019.SEES FY 2018 ADJUSTED NON-GAAP EARNINGS PER SHARE $5.95 TO $6.10.SEES FY 2018 EARNINGS PER SHARE $4.50 TO $4.85.  Full Article

Avery Dennison Reports Q4 Adjusted Non-Gaap EPS $1.33
Wednesday, 31 Jan 2018 06:45am EST 

Jan 31 (Reuters) - Avery Dennison Corp ::AVERY DENNISON ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 RESULTS.QTRLY ORGANIC SALES CHANGE (NON-GAAP) OF 4.7 PERCENT.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.33.Q4 EARNINGS PER SHARE VIEW $1.25 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $5.70 TO $5.95.SEES FY 2018 EARNINGS PER SHARE $5.50 TO $5.75.Q4 SALES $1.74 BILLION VERSUS I/B/E/S VIEW $1.7 BILLION.Q4 LOSS PER SHARE $0.66.‍ENACTMENT OF TAX CUTS AND JOBS ACT IN DECEMBER 2017 RESULTED IN A CHARGE OF $172 MILLION IN Q4​.AVERY DENNISON - EXCLUDING ESTIMATED $0.20 PER SHARE FOR RESTRUCTURING CHARGES AND OTHER ITEMS, CO EXPECTS 2018 ADJUSTED EPS OF $5.70 TO $5.95.FY2018 EARNINGS PER SHARE VIEW $5.56 -- THOMSON REUTERS I/B/E/S.IN 2018, WE EXPECT TO ONCE AGAIN DELIVER A STRONG TOP-LINE AND DOUBLE-DIGIT EPS GROWTH.  Full Article

Avery Dennison Reports Q4 Adjusted Non-GAAP Earnings Per Share $1.33
Wednesday, 31 Jan 2018 06:45am EST 

Jan 31 (Reuters) - Avery Dennison Corp ::AVERY DENNISON ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.33.Q4 EARNINGS PER SHARE VIEW $1.25 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $5.70 TO $5.95.SEES FY 2018 EARNINGS PER SHARE $5.50 TO $5.75.Q4 SALES $1.74 BILLION VERSUS I/B/E/S VIEW $1.7 BILLION.Q4 LOSS PER SHARE $0.66.QTRLY ORGANIC SALES CHANGE OF 4.2%.‍ENACTMENT OF TAX CUTS AND JOBS ACT IN DECEMBER 2017 RESULTED IN A CHARGE OF $172 MILLION IN Q4​.AVERY DENNISON - EXCLUDING ESTIMATED $0.20 PER SHARE FOR RESTRUCTURING CHARGES AND OTHER ITEMS, CO EXPECTS 2018 ADJUSTED EPS OF $5.70 TO $5.95.FY2018 EARNINGS PER SHARE VIEW $5.56 -- THOMSON REUTERS I/B/E/S.IN 2018, WE EXPECT TO ONCE AGAIN DELIVER A STRONG TOP-LINE AND DOUBLE-DIGIT EPS GROWTH.  Full Article

Avery Dennison enters fourth amended and restated credit agreement - SEC filing​
Thursday, 9 Nov 2017 02:36pm EST 

Nov 9 (Reuters) - Avery Dennison Corp ::Says on Nov 8, co entered fourth amended and restated credit agreement amending amended agreement dated as of October 3, 2014 - SEC filing​.Says under the credit agreement, company may borrow up to an aggregate of $800 million in revolving loans ‍​.Says ‍commitments under credit agreement may be increased by up to an aggregate of $300 million upon Company's request​.Says maturity date is Nov 8, 2022; however, company may request that commitments be extended for one-year periods under some conditions​.  Full Article

Avery Dennison sets quarterly cash dividend of $0.45 per share
Friday, 27 Oct 2017 03:45am EDT 

Oct 27 (Reuters) - Avery Dennison Corp - :Sets quarterly cash dividend of $0.45 per share.  Full Article

Avery Dennison reports Q3 earnings per share of $1.20
Wednesday, 25 Oct 2017 06:45am EDT 

Oct 25 (Reuters) - Avery Dennison Corp :Avery Dennison announces third quarter 2017 results.Q3 sales $1.68 billion versus I/B/E/S view $1.65 billion.Q3 earnings per share $1.20.Q3 earnings per share view $1.21 -- Thomson Reuters I/B/E/S.Avery Dennison Corp - ‍raised FY17 guidance midpoint for reported and adjusted EPS by $0.10​.Avery Dennison Corp - qtrly organic sales growth (non-GAAP) of 5.3 percent​.Avery Dennison Corp - ‍expects 2017 reported earnings per share of $4.60 to $4.65​​.Avery Dennison Corp - ‍now expects adjusted earnings per share of $4.90 to $4.95​ for 2017.Avery Dennison Corp - ‍expects 2017 adjusted earnings per share non-gaap of $4.90 to $4.95​.FY2017 earnings per share view $4.83, revenue view $6.54 billion -- Thomson Reuters I/B/E/S.  Full Article

Avery Dennison announces second quarter 2017 results
Tuesday, 25 Jul 2017 06:45am EDT 

July 25 (Reuters) - Avery Dennison Corp :Q2 sales $1.63 billion versus I/B/E/S view $1.61 billion.Q2 earnings per share $1.34.Q2 earnings per share view $1.21 -- Thomson Reuters I/B/E/S.Avery Dennison Corp - ‍raised FY17 guidance midpoint for reported and adjusted EPS by $0.25​.Q2 adjusted non-GAAP earnings per share $1.31.Avery Dennison Corp says in Q2, company realized approximately $15 million in pre-tax savings from restructuring, net of transition costs.Avery Dennison Corp - ‍company now expects 2017 reported earnings per share of $4.45 to $4.60​.Avery Dennison Corp - excluding an estimated $0.30 per share for restructuring charges and other items, expects 2017 adjusted earnings per share of $4.75 to $4.90.FY2017 earnings per share view $4.60 -- Thomson Reuters I/B/E/S.Avery Dennison Corp - in Q2, company incurred pre-tax restructuring charges of approximately $8 million, nearly all of which represents cash charges.FY2017 earnings per share view $4.60 -- Thomson Reuters I/B/E/S.  Full Article

Avery Dennison names Gregory Lovins as CFO
Tuesday, 11 Jul 2017 06:30am EDT 

July 11 (Reuters) - Avery Dennison Corp :Avery Dennison names Gregory Lovins as senior vice president and chief financial officer.Avery Dennison Corp - ‍Lovins has served as company's vice president and interim chief financial officer since March 2017​.  Full Article

AVERY DENNISON ACQUIRES FINESSE MEDICAL
Monday, 22 May 2017 11:00am EDT 

May 22 (Reuters) - Avery Dennison Corp :AVERY DENNISON ACQUIRES FINESSE MEDICAL.  Full Article