Avery Dennison Corp

AVY: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$452.00TnymqpXrlflvvk

Avery Dennison Reports Strong Revenue and Margin Growth in Q2; Management Raises EPS Guidance

Narrow-moat-rated Avery Dennison reported strong second-quarter results that were driven by robust end-market demand and higher selling prices. Organic sales rose 11% year over year with all three segments reporting organic growth. Adjusted operating margins rose 50 basis points to 13.2% as selling price increases offset higher raw material and energy costs.

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