Company Earnings UpdateAvery Dennison (NYSE: AVY) 2Q19 Results: Mixed Results, Tougher Year than Expected but Annual EPS Target on Track Coresight Research July 24, 2019 Executive Summary Avery Dennison reported 2Q19 revenues of $1.80 billion, down 3.2% year over year and slightly below the $1.83 billion consensus estimate. Adjusted EPS was $1.72, up 4.0% year over year and beating the consensus estimate by four cents. Adjusted organic growth was 1.6%. Revenues in the company’s label and graphic materials business declined 4.1%, and revenues in the retail branding and information solutions segment grew 0.4% year over year. The company reaffirmed and tightened its 2019 adjusted EPS guidance range to $6.50-6.65 from $6.45-6.70 (up 7-10%). Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Financial Sentiment Recovers; Tariff Pessimism Improves; Inflationary Trade-Down Persists: US Consumer Survey InsightsAnalyst Corner: All Things Tech at Shoptalk Spring 2025 with John HarmonEconomic Sentiment Declines Significantly: Weekly US Consumer Sentiment, Week 43, 2025—Data GraphicSeasonal Shopping, 4Q25—Early Spending Momentum Sets the Tone for the Holiday Season: US Consumer Survey Insights Extra
