Avery Dennison (AVY) Tops Q3 EPS by 3c; Narrows FY15 EPS View
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Avery Dennison Announces Third Quarter 2015 Results
October 29, 2015 6:45 AM EDT3Q15 Reported and Adjusted EPS of $0.87 3Q15 Net sales declined approximately 6 percent to $1.47 billion Net sales up approximately 5 percent on organic basis RBIS transformation underway; targeting accelerated growth and margin expansion to achieve previously communicated 2018 financial goals Repurchased 1.9 million shares for $109 million and paid $100 million in dividends in the first nine months of 2015 Updated FY15 Reported EPS guidance to $2.80 to $2.90, reflecting increase in estimated restructuring charges Narrowed range of full year guidance for adjusted EPS to $3.30 to... More
