Avery Dennison Files 8-K on Financial Results & Condition

Ticker: AVY · Form: 8-K · Filed: Jan 31, 2024 · CIK: 8818

Avery Dennison CORP 8-K Filing Summary
FieldDetail
CompanyAvery Dennison CORP (AVY)
Form Type8-K
Filed DateJan 31, 2024
Risk Levellow
Pages4
Reading Time5 min
Key Dollar Amounts$1
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: financial-results, 8-K, corporate-filing, financial-condition

TL;DR

**Avery Dennison just dropped an 8-K on financial results, so check their numbers!**

AI Summary

Avery Dennison Corp. filed an 8-K on January 31, 2024, to report its financial results and condition, specifically related to its common stock and senior notes. This filing, under Items 2.02 and 9.01, indicates the company is providing an update on its financial performance, which is crucial for investors to understand the company's current health and future prospects. For shareholders, this matters because it offers transparency into the company's operational and financial standing, influencing stock valuation and investment decisions.

Why It Matters

This filing provides investors with the latest financial information, which is essential for evaluating Avery Dennison's performance and making informed investment decisions.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial results and condition, not indicating any immediate new risks.

Analyst Insight

A smart investor would review the full financial statements and exhibits referenced in this 8-K to understand the detailed results of operations and financial condition of Avery Dennison Corp. before making any investment decisions.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by Avery Dennison Corp.?

Avery Dennison Corp. filed this 8-K to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' under Items 2.02 and 9.01, respectively, as of January 31, 2024.

What is the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on January 31, 2024.

Where are Avery Dennison Corp.'s principal executive offices located?

Avery Dennison Corp.'s principal executive offices are located at 8080 Norton Parkway, Mentor, Ohio, 44060.

Under which SEC Act was this 8-K filed?

This 8-K was filed under the 1934 Act, as indicated in the 'FILING VALUES' section.

What specific financial instruments are mentioned in relation to the January 31, 2024, reporting period?

The filing specifically mentions 'us-gaap:CommonStockMember' and 'us-gaap:SeniorNotesMember' in relation to the January 31, 2024, reporting period, indicating updates concerning these financial instruments.

Filing Stats: 1,309 words · 5 min read · ~4 pages · Grade level 16.3 · Accepted 2024-01-31 06:46:02

Key Financial Figures

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits . 99.1 Press release, dated January 31, 2024, announcing the Company's preliminary, unaudited financial results for the fourth quarter and full year of 2023. 99.2 Supplemental presentation materials, dated January 31, 2024, regarding the Company's preliminary, unaudited financial review and analysis for the fourth quarter and full year of 2023. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 Certain statements contained in this Form 8-K and the exhibits attached hereto are forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements, and financial or other business targets, are subject to certain risks and uncertainties. The Company believes that the most significant risk factors that could affect its financial performance in the near term include: (i) the impacts to underlying demand for the Company's products from global economic conditions, political uncertainty, and changes in environmental standards and governmental regulations; (ii) competitors' actions, including pricing, expansion in key markets, and product offerings; (iii) the cost and availability of raw materials; (iv) the degree to which higher costs can be offset with productivity measures and/or passed on to customers through price increases, without a significant loss of volume; (v) foreign currency fluctuations; and (vi) the execution and integration of acquisitions. Actual results and trends may differ materially from historical or anticipated results depending on a variety of factors, including but not limited to, risks and uncertainties related to the following: International Operations – worldwide and local economic and market conditions; changes in political conditions, including those related to China, the Russian invasion of Ukraine, the Israel-Hamas war and tensions in

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AVERY DENNISON CORPORATION Date: January 31, 2024 By: /s/ Gregory S. Lovins Name: Gregory S. Lovins Title:Senior Vice President and Chief Financial Officer

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