Avery Dennison (AVY) Revenue — Quarter Ended Sep 28, 2024
Revenue for the quarter declined from the immediately preceding period, but rose compared to the same quarter a year earlier. The sequential decrease contrasts with the prior trend of growth, while the year-over-year gain remains positive.
Key takeaway
Quarter ended Sep 28, 2024 · FY2024 Q3
Revenue for the quarter declined from the immediately preceding period, but rose compared to the same quarter a year earlier. The sequential decrease contrasts with the prior trend of growth, while the year-over-year gain remains positive.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
-2.3%
Change from the immediately preceding quarter.
Year-over-year
+4.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.7B
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 |
|---|---|---|
| Dec 30, 2023 | $2.1B | +4.2% |
| Mar 30, 2024 | $2.2B | +4.2% |
| Jun 29, 2024 | $2.2B | +6.9% |
| Sep 28, 2024 | $2.2B | +4.1% |
Revenue performance
The reported revenue moved lower relative to the prior quarter, marking a reversal from the sequential increases seen in recent periods. On an annual basis, however, revenue continued to expand, reflecting sustained demand.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower, ending a streak of sequential gains. Compared with the same quarter one year earlier, revenue was higher, extending the year-over-year growth trend.
What to watch
The sequential decline after a period of steady growth warrants attention as a potential shift in near-term momentum.