Earnings release
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For Immediate Release AVERY DENNISON Highlights : ● ● 3Q21 Reported EPS of $ 1.96 , up 9 % AVERY DENNISON ANNOUNCES THIRD QUARTER 2021 RESULTS O Adjusted EPS ( non - GAAP ) of $ 2.14 , up 12 % 3Q21 Net sales increased 19.8 % to $ 2.07 billion O Sales growth ex . currency ( non - GAAP ) of 17.0 % Organic sales growth ( non - GAAP ) of 13.9 % O FY 2021 EPS guidance ranges revised O Reported EPS range now $ 8.55 to $ 8.70 ( previously $ 8.50 to $ 8.80 ) O Adjusted EPS range raised to $ 8.80 to $ 8.95 ( previously $ 8.65 to $ 8.95 ) GLENDALE , Calif . , October 27 , 2021 – Avery Dennison Corporation ( NYSE : AVY ) today announced preliminary , unaudited results for its third quarter ended October 2 , 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 , " said Mitch Butier , chairman , president and CEO . " Both LGM and RBIS delivered impressive top and bottom - line growth , with continued momentum in Intelligent Labels . This strong performance comes during a challenging period given the ongoing global health crisis , as supply chains remain tight and significant inflationary pressures continue to build . " Given our performance in the third quarter , we raised our outlook for the full year as we continue to deliver significant earnings growth , " added Butier . " We are also pleased that the acquisition of Vestcom , a business that further expands our position in high value categories in