The AD Message Board rarely has postings; why? Maybe because younger posters have no knowledge of WHAT Stan AVERY'S CONCEPT WAS.His creation of a totally new industry was not to become a huge company, but to create a very small company to make labels. I only wish that the present officers have taken the time to why Stan was SO successful, while they are not. The Fasson replies will point out that Fasson volumes are much larger, but I recall the comment that our volumn is very high that will wipe out any and all losses. thanks for your reading
Keith, like all companies it mostly cares about shareholders and the return they get. That is the purpose of a company in the first place, right? In the Stan Avery days the company was not under nearly as much margin pressure from low-price competitors as it is now, and could afford to be more paternalistic. Those days were unusual and short-lived. I think we have to accept that reality.
This company is in big trouble - BIG trouble. Expect to see major layoffs and other cost cutting measures. Avery is trying to sell branded labels at a premium price while their largest customers are pushing house brand product at a much lower price and similar quality. The decline in profitability will accelerate going forward. The company is for sale and there are no takers.
No idea Avery Dennison is one of the best companies in the USA...When the Postal Service needed to print self-adhesive stamps, they went to Avery to get the job done. I have a few of their original test sheets from 1997 for ATM postage. I'm a fan of this company...
My question exactly! This is a Fortune 100 company, yet no one cares about it at all, judging by the discussion or lack thereof. Puzzling. And this on the eve of earnings announcement, not that that ever has made a difference in the past.