Avery Dennison (AVY) Revenue — Quarter Ended Jul 1, 2023
Revenue remained essentially flat compared to the prior quarter. The year-over-year comparison shows a decline from the same period last year.
Key takeaway
Quarter ended Jul 1, 2023 · FY2023 Q2
Revenue remained essentially flat compared to the prior quarter. The year-over-year comparison shows a decline from the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+1.2%
Change from the immediately preceding quarter.
Year-over-year
-10.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 1, 2022 | $2.3B | +11.8% |
| Dec 31, 2022 | $2B | -7.2% |
| Apr 1, 2023 | $2.1B | -12.1% |
| Jul 1, 2023 | $2.1B | -10.9% |
Revenue performance
Reported revenue was unchanged from the immediately preceding quarter. The trailing twelve-month revenue sits below the level of the comparable prior-year period.
Quarterly comparison
Compared with the prior quarter, revenue did not move meaningfully. Versus the same quarter one year earlier, revenue was lower.
What to watch
Monitor whether the year-over-year decline trend stabilizes or reverses in coming quarters.