Avery Dennison (AVY) Tops Q1 EPS by 3c
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Avery Dennison Announces First Quarter 2019 Results
April 24, 2019 6:45 AM EDTPension settlement charges of $3.13 per share, net of tax, drove a loss in reported income; reported EPS of ($1.74) Adjusted EPS (non-GAAP) of $1.48 1Q19 Net sales declined 2.0% to $1.74 billion Organic sales change (non-GAAP) of 2.4% FY19 reported EPS guidance increased to $3.10 to $3.35, due to lower-than-expected pension settlement charges FY19 adjusted EPS guidance reaffirmed at $6.45 to $6.70
GLENDALE, Calif.--(BUSINESS WIRE)-- Avery Dennison Corporation (NYSE: AVY) today... More
