2019 Second Quarter Sales Decline 3.2% for Avery Dennison
Net sales for Avery Dennison declined 3.2% to $1.8 billion in the 2019 second quarter.
Avery Dennison Corp. recently announced preliminary, unaudited results for its second quarter ended June 29, 2019. Net sales for Avery Dennison declined 3.2% to $1.8 billion in the 2019 second quarter.
In the Label and Graphic Materials segment, reported sales declined 4.1%; on an organic basis, sales grew 0.9%, as prior-year pricing actions more than offset a modest decline in volume. On an organic basis, sales in high-value categories increased at a mid-single-digit rate across the segment, were flat in Label and Packaging Materials, and were up low-single-digits in the combined Graphics and Reflective Solutions businesses.