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The Retail Branding and Information Solutions, including RFID, reported that sales increased 41% to $679 million.
April 28, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Avery Dennison announced preliminary, unaudited results for its first quarter ended April 2, 2022. First quarter 2022 net sales increased 14.5% to $2.3 billion, with organic sales growth (non-GAAP) of 12.7%. “We once again delivered strong financial results amidst a challenging environment, with earnings ahead of expectations,” said Mitch Butier, Avery Dennison chairman and CEO. “Our strong performance comes at a difficult time as COVID-19 continues, supply chains remain tight and i...
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