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Avery Dennison is a global manufacturer and distributor of pressure-sensitive adhesive materials, apparel branding labels and specialty medical products. It also offers cable harnessing and insulation tapes. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990 after the company merged with the Dennison Manufacturing Company. The company was founded in 1935 and is headquartered in Glendale, California and in 2015 was ranked number 435 on the Fortune 500. Avery Dennison operates in more than 50 countries and employs 25,000 people worldwide. The company operates through three business units: Pressure-Sensitive Materials, Retail Branding and Information Solution and Vancive Medical Technologies. Get updated on the Avery Dennison (AVY) share price at Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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