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AVERY DENNISON For Immediate Release Highlights : ● 2Q21 Reported EPS of $ 2.19 , up 131 % O Adjusted EPS ( non - GAAP ) of $ 2.25 , up 77 % 2Q21 Net sales increased 37.5 % to $ 2.10 billion O AVERY DENNISON ANNOUNCES SECOND QUARTER 2021 RESULTS O O Sales growth ex . currency ( non - GAAP ) of 29.2 % Organic sales growth ( non - GAAP ) of 28.1 % Raised FY 2021 EPS guidance ranges O Reported EPS range now $ 8.50 to $ 8.80 ( previously $ 8.25 to $ 8.65 ) Adjusted EPS range now $ 8.65 to $ 8.95 ( previously $ 8.40 to $ 8.80 ) Announced agreement to acquire Vestcom for $ 1.45 billion GLENDALE , Calif . , July 28 , 2021 - Avery Dennison Corporation ( NYSE : AVY ) today announced preliminary , unaudited results for its second quarter ended July 3 , 2021. Non - GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables . Unless otherwise indicated , comparisons are to the same period in the prior year . " We delivered another strong quarter , ahead of expectations , raised our outlook for the second half , and announced an agreement to acquire Vestcom that will build upon and expand RBIS ' strengths , " said Mitch Butier , Avery Dennison president and CEO . " Revenue was up 28 percent organically compared to prior year and up 11 percent compared to 2019 , as RBIS and IHM rebounded significantly from prior year lows and strength in LGM continued . " Our strong performance comes at a time when supply chains remain tight , inflation persists and the global health crisis continues . The current environment reinforces our determination to remain vigilant in ensuring the health and well - being of our employees , delivering for our customers , supporting our communities , and creating value for our shareholders .