Avery Dennison (AVY) Tops Q4 EPS by 4c, Offers FY20 Guidance
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Avery Dennison Announces Fourth Quarter and Full Year 2019 Results
January 29, 2020 6:45 AM EST4Q19 Reported EPS of $1.92 Adjusted EPS (non-GAAP) of $1.73 4Q19 Net sales increased 0.2% to $1.77 billion Organic sales growth (non-GAAP) of 2.1% FY19 Reported EPS of $3.57, incl. pension settlement charges Adjusted EPS of $6.60 FY19 Net sales decreased 1.2% to $7.07 billion Organic sales growth of 2.0% Returned $427 mil. to shareholders via share repurchase and dividends in 2019 Expect FY20 Reported EPS of $6.75 to $7.00 Adjusted EPS of $6.90 to $7.15
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