Avery Dennison FY22 adjusted EPS $9.15 (+3%); Q4 adj. EPS $1.65 (-23%); FY23 guidance $9.15-$9.55

Avery Dennison Corp

2022-FY EPS reported $9.21 revenue$9,039,300,000

FY22 reported EPS $9.21, adj. EPS $9.15 up 3%; net sales $9.0B up 7.5% (ex-currency +13.1%).
Q4 adj. EPS $1.65 down 23%; net sales $2.0B down 7.2% (organic -0.9%).
FY23 guidance: reported EPS $8.85-$9.25, adj. EPS $9.15-$9.55.
Full-year organic sales growth of 9.5% and sales ex-currency growth of 13.1%.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Avery Dennison Corp reported fourth quarter and full year ended December 31, 2022 results: revenue $2.0 billion (4Q22), $9.0 billion (FY22), EPS Reported EPS of $1.51 (4Q22), $9.21 (FY22). Guidance initiated.

Period: fourth quarter and full year ended December 31, 2022
Revenue: $2.0 billion (4Q22), $9.0 billion (FY22)
EPS: Reported EPS of $1.51 (4Q22), $9.21 (FY22)
Guidance: initiated
Result: preliminary results

Exact text from the filing

Statements and Exhibits --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 For Immediate Release AVERY DENNISON ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS Highlights: ● FY22 Reported EPS of $9.21, up 4% ¡ Adjusted EPS (non-GAAP) of $9.15, up 3%, up 11% ex. currency ● FY22 Net sales increased 7.5% to $9.0 billion ¡ Sales growth ex. currency (non-GAAP)

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Source: SEC EDGAR

accession 0001193125-23-022084

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