Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



No Ascent for Avery Dennison: Fool by Numbers

On Tuesday, office-products maker Avery Dennison (NYSE: AVY  ) released Q3 2006 earnings for the period ending Sept. 30, 2006.

  • Restructuring and asset impairment charges, as well as a reserve for environmental remediation, cost Avery Dennison $0.13 a share. Without those items, the firm booked $0.98 in per-share earnings, beating the Street consensus by $0.02.

  • Organic sales grew 4%, which management attributed to higher volume and a better pricing and product mix.

  • Free cash flow was up more than 45% year over year.

(Figures in millions, except per-share data)

Income Statement Highlights

Avg. Est.

Q3 2006

Q3 2005







Net Profit










Diluted Shares




Get back to basics with a look at the income statement.

Margin Checkup

Q3 2006

Q3 2005


Gross Margin




Operating Margin




Net Margin




* Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights


Q3 2006

Q3 2005


Cash + ST Invest.




Accounts Rec.









Q3 2006

Q3 2005


Accounts Payable




Long-Term Debt**




** Includes short-term debt and current portion of long-term debt.

Learn the ways of the balance sheet.

Cash Flow Checkup

Q3 2006

Q3 2005


Cash From Ops.




Capital Expenditures




Free Cash Flow




Find out why Fools always follow the money.

Related companies:

  • Bemis (NYSE: BMS  )
  • Newell Rubbermaid (NYSE: NWL  )
  • 3M (NYSE: MMM  )

Related Foolishness:

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check for more of our in-depth discussion of what the numbers mean.

3M is aMotley Fool Inside Valuepick. Newell Rubbermaid is aMotley Fool Income Investorselection. Get 30 days of free access to either service by clicking on the appropriate link.

Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out which stocks he owns by checking Tim's Fool profile. The Motley Fool's disclosure policy always adds up.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 516618, ~/Articles/ArticleHandler.aspx, 11/26/2015 6:24:06 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Tim Beyers

Tim Beyers first began writing for the Fool in 2003. Today, he's an analyst for Motley Fool Rule Breakers and Motley Fool Supernova. At, he covers disruptive ideas in technology and entertainment, though you'll most often find him writing and talking about the business of comics. Find him online at or send email to For more insights, follow Tim on Google+ and Twitter.

Today's Market

updated 8 hours ago Sponsored by:
DOW 17,813.39 1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASD 5,116.14 13.34 0.26%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

11/25/2015 4:02 PM
AVY $66.17 Up +0.06 +0.09%
Avery Dennison Cor… CAPS Rating: **
BMS $46.97 Down -0.11 -0.23%
Bemis Company, Inc… CAPS Rating: ****
MMM $157.63 Down -0.12 -0.08%
3M CAPS Rating: ****
NWL $44.54 Up +0.04 +0.09%
Newell Rubbermaid,… CAPS Rating: ****