More on Avery Dennison (AVY) Q2: net profit +7.2% to $68.8M as organic sales increase 5%. Gross...

|About: Avery Dennison Corporation (AVY)|By:, SA News Editor

More on Avery Dennison (AVY) Q2: net profit +7.2% to $68.8M as organic sales increase 5%. Gross margin nudges up to 26.9% from 26%. Sales breakdown: pressure-sensitive-materials +3.1%; retail-branding & information-solutions +7.3% amid higher demand from retailers and brands in U.S. and Europe. Avery Dennison narrows FY EPS guidance to $2.50-2.70 from previous forecast of $2.40-2.75 and vs consensus of $2.58. Shares +3.45%. (PR)