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 reports developments as a global materials science and digital identification solutions company serving packaging, retail, apparel, logistics, food, pharmaceuticals, automotive, home and personal care markets. Its updates commonly cover earnings, dividends, capital allocation and demand trends for labeling and functional materials, RFID inlays and tags, software that links physical items to digital data, and branded packaging and information products.
Company news also addresses strategic investments, acquisitions and partnerships tied to sensor technologies, digital identities, sustainability, circularity, transparency and supply-chain efficiency, along with investor events and guidance-related commentary on raw-material costs, tariffs, foreign currency, competitive pricing and integration activity.
Avery Dennison (NYSE:AVY) has announced a significant dividend increase approved by its Board of Directors. The company's quarterly dividend has been raised by 7% to $0.94 per share. The enhanced dividend for the second quarter will be distributed on June 18, 2025, to shareholders who are on record as of June 4, 2025.
Avery Dennison (NYSE:AVY) reported strong Q1 2025 results with adjusted EPS of $2.30, up 4% excluding currency effects. Net sales reached $2.1 billion, showing a slight decline of 0.1%, while organic sales grew 2.3%.
The Materials Group saw reported sales decrease 1.1% to $1.5 billion, with organic growth of 1.2%. High-value categories, including Intelligent Labels, grew high single digits. The Solutions Group reported a 2.0% sales increase to $668 million, with 4.9% organic growth.
The company returned $331 million to shareholders through share repurchases ($262 million) and dividends. For Q2 2025, Avery Dennison projects adjusted EPS guidance of $2.30 to $2.50.
Avery Dennison (NYSE: AVY), a global materials science and digital identification solutions company, has scheduled its first quarter 2025 earnings conference call for Wednesday, April 23, 2025, at 11:00 a.m. ET. The company will release its Q1 2025 earnings report earlier that morning at approximately 6:45 a.m. ET.
The earnings conference call will be accessible via webcast, with a replay available on the company's Investor Relations website.
Avery Dennison (NYSE: AVY), a global materials science and digital identification solutions company, has announced its participation in two major upcoming investor events in March 2025.
The company's president and CEO, Deon Stander, will present at the Raymond James 2025 Institutional Investors Conference on Tuesday, March 4th at 11:00am ET. Additionally, Stander will speak at the J.P. Morgan 2025 Industrials Conference on Wednesday, March 12th at 12:10pm ET.
Investors can access live webcasts and replays of these public events through the company's investor relations website at www.investors.averydennison.com.
Avery Dennison (NYSE:AVY) announced that its Board of Directors has declared a quarterly cash dividend of $0.88 per share. The dividend will be paid on March 19, 2025, to shareholders who are recorded as owners of the stock as of March 5, 2025.
Avery Dennison (NYSE:AVY) reported strong financial results for Q4 and full year 2024. The company achieved FY24 reported EPS of $8.73 and adjusted EPS of $9.43, marking a 19% increase. Full-year net sales reached $8.8 billion, up 4.7%, with organic sales growth of 4.5%.
For Q4 2024, the company reported EPS of $2.16 and adjusted EPS of $2.38, up 10%. Quarterly net sales were $2.2 billion, increasing 3.6%. The Materials Group saw a 4% sales increase to $1.5 billion, while the Solutions Group reported a 3% rise to $714 million.
The company returned $525 million to shareholders in 2024 through dividends and share repurchases, including 1.2 million shares bought back for $248 million. Looking ahead, Avery Dennison provided FY25 guidance with reported EPS of $9.55-$9.95 and adjusted EPS of $9.80-$10.20.
Avery Dennison (NYSE: AVY), a global materials science and digital identification solutions company, has announced its upcoming fourth quarter and full year 2024 earnings conference call. The event is scheduled for Thursday, January 30, 2025, at 11:00 a.m. ET. The company will release its earnings report earlier that morning at approximately 6:45 a.m. ET. Investors can access both the live webcast and replay of the conference call through Avery Dennison's Investor Relations website.
Pearlman Group has appointed Shannon Palmer as CEO and Board member, effective December 2, 2024. Palmer brings significant experience from his previous role at Vestcom, where he served as EVP, COO & CFO for nearly twelve years. His leadership contributed to Vestcom's successful $1.45 billion acquisition by Avery Dennison (NYSE: AVY) in 2021. As Pearlman's new CEO, Palmer will focus on strengthening market position, expanding product offerings, and enhancing operational efficiencies.
Avery Dennison (NYSE: AVY) has announced its participation in two major upcoming investor events. The company will attend Baird's 2024 Global Industrial Conference on November 12th, where CEO Deon Stander will present at 2:20pm CT. Additionally, the company will participate in the UBS 2024 Global Industrials Conference on December 3rd. Investors can access live webcasts and replays of these events through the company's investor relations website.
Avery Dennison (NYSE: AVY) has priced a €500 million public offering of 3.750% Senior Notes due 2034 at 99.672% of their principal amount. The offering is expected to close on November 4, 2024. The company plans to use the proceeds to repay its existing €500 million 1.250% senior notes due March 3, 2025, and for general corporate purposes. The offering is led by multiple joint book-running managers including Merrill Lynch International, Mizuho International plc, and SMBC Bank International plc, among others.