Avery Dennison Q3 Profit Rises to $169.7 Million as Revenue Climbs 5.2%

Avery Dennison Corp. (AVY) reported higher third-quarter profit, with earnings rising to $169.7 million, or $2.24 per share, from $166.3 million, or $2.13 per share, a year earlier. Adjusted earnings, excluding items, came in at $183.3 million, or $2.42 per share. Revenue for the period increased 5.2% to $2.331 billion from $2.215 billion last year. The company issued full-year EPS guidance of $10.10 to $10.24.