News Releases

News Releases

Date Title and Summary
Toggle Summary Avery Dennison Announces Second Quarter 2023 Results
Highlights: 2Q23 Net sales of $2.1 billion Sales change ex. currency (non-GAAP) down 10% Organic sales change (non-GAAP) down 10% 2Q23 Reported EPS of $1.24 Increased accrual for legacy legal matter; preparing for appeal Adjusted EPS (non-GAAP) of $1.92 , up 13% sequentially 3Q23 Reported EPS
Toggle Summary Avery Dennison to Webcast Second Quarter 2023 Earnings Conference Call
MENTOR, Ohio --(BUSINESS WIRE)--Jul. 7, 2023-- Avery Dennison Corporation (NYSE: AVY) will host its second quarter 2023 earnings conference call in a live webcast at 1:00 p.m. ET on Tuesday, July 25, 2023 . The company’s second quarter news release will be issued that morning at 6:45 a.m. ET .
Toggle Summary Avery Dennison Announces Planned CEO Succession
Mitch Butier has decided to retire as CEO, effective September 1 ; will remain as Executive Chairman Deon Stander appointed President and Chief Executive Officer MENTOR, Ohio --(BUSINESS WIRE)--May 24, 2023-- Avery Dennison Corporation (NYSE: AVY) announced today that its board of directors, as a
Toggle Summary Avery Dennison Increases Quarterly Dividend
MENTOR, Ohio --(BUSINESS WIRE)--Apr. 27, 2023-- Avery Dennison Corporation (NYSE:AVY) today announced that its Board of Directors has increased the company’s quarterly dividend. The board declared a quarterly dividend of $0.81 per share, representing an increase of approximately 8% over the
Toggle Summary Avery Dennison Announces First Quarter 2023 Results
  Highlights: 1Q23 Reported EPS of $1.49 Adjusted EPS (non-GAAP) of $1.70 , down 29% 1Q23 Net sales declined 12% to $2.1 billion Sales change ex. currency (non-GAAP) of (9%) Organic sales change (non-GAAP) of (9%) Revised FY 2023 EPS guidance Reported EPS of $8.35 to $8.70 (previously $8.85 to
Toggle Summary Avery Dennison to Webcast First Quarter 2023 Earnings Conference Call
MENTOR, Ohio --(BUSINESS WIRE)--Apr. 7, 2023-- Avery Dennison Corporation (NYSE: AVY) will host its first quarter 2023 earnings conference call in a live webcast at 1:00 p.m. ET on Wednesday, April 26, 2023 . The company’s first quarter news release will be issued that morning at 6:45 a.m. ET .
Toggle Summary Avery Dennison Names Hassan Rmaile and Francisco Melo as Presidents for Its Two Business Segments
MENTOR, Ohio --(BUSINESS WIRE)--Apr. 3, 2023-- Avery Dennison Corporation (NYSE: AVY) has appointed leaders for its two business segments. Hassan Rmaile has been named president of the Materials Group . Francisco Melo has been named president of the Solutions Group, a role that has been open since
Toggle Summary Avery Dennison Prices $400 Million Senior Notes Offering
MENTOR, Ohio --(BUSINESS WIRE)--Mar. 6, 2023-- Avery Dennison Corporation (NYSE: AVY) announced today that it has priced an underwritten public offering of $400 million aggregate principal amount of 5.750% Senior Notes due 2033. The Senior Notes were priced at 99.557% of their principal amount.
Toggle Summary Francesca Reverberi Appointed to Avery Dennison Board of Directors
MENTOR, Ohio --(BUSINESS WIRE)--Feb. 27, 2023-- Avery Dennison Corporation (NYSE: AVY) today announced that its board of directors has appointed Francesca Reverberi as a director, effective February 23, 2023 . Reverberi, 51, is chief sustainability officer and senior vice president, Sustainable
Toggle Summary Avery Dennison Announces Upcoming Investor Event
MENTOR, Ohio --(BUSINESS WIRE)--Feb. 17, 2023-- Avery Dennison Corporation (NYSE: AVY) announced that Mitch Butier , chairman and chief executive officer, will participate in a fireside chat during the BofA Securities Global Agriculture and Materials Conference on Thursday, March 2 , at 10:50 AM ET