Avery Dennison Q4 adj. EPS $2.16 (+31%); FY24 guidance $9.00-$9.50

Avery Dennison Corp

2023-FY EPS reported $6.20 revenue$8,364,300,000

4Q23 reported EPS $1.77, adjusted EPS $2.16 (up 31% YoY); net sales $2.1B, up 4%.
FY23 reported EPS $6.20, adjusted EPS $7.90; net sales $8.4B, down 8%.
FY24 guidance: reported EPS $8.65-$9.15, adjusted EPS $9.00-$9.50.
Organic sales change in Q4 up 1%; sales change ex-currency up 3%.
No segment or balance sheet details in preliminary release; supplemental presentation available.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Avery Dennison Corp reported preliminary financial results for fourth quarter of 2023.

Period: fourth quarter of 2023
Result: preliminary results

Exact text from the filing

Avery Dennison Corporation’s (the “Company’s”) press release, dated January 31, 2024, announcing the Company’s preliminary, unaudited financial results for the fourth quarter of 2023 and guidance for the 2024 fiscal year is attached hereto as Exhibit 99.1

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Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Avery Dennison Corp updated its 2024 fiscal year guidance (initiated).

Period: 2024 fiscal year
Guidance: initiated
Result: guidance update

Exact text from the filing

guidance for the 2024 fiscal year is attached hereto as Exhibit 99.1

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Avery Dennison Corp updated its full year ended December 30, 2023 guidance (reaffirmed).

Period: full year ended December 30, 2023
Guidance: reaffirmed
Result: preliminary results

Exact text from the filing

Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its fourth quarter and full year ended December 30, 2023.

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Source: SEC EDGAR

accession 0001193125-24-020186

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