Net sales of Intelligent Label solutions increased by a mid-to-high teens rate compared to the same period in the prior year. This indicates a successful strategic focus on high-value categories.

The company anticipates net sales to increase due to higher volume as markets improve. This suggests management is confident in the company's strategic positioning and market dynamics.

The company invested in buildings and equipment to support growth in the U.S. and in certain countries in Europe, primarily France. This indicates a commitment to long-term growth and capacity expansion.

Gross profit margin increased due to benefits from productivity initiatives, including material re-engineering and savings from restructuring actions. This demonstrates effective cost management.

Restructuring actions are expected to yield incremental savings, net of transition costs. This shows a proactive approach to improving efficiency and profitability.

The effective tax rate decreased due to higher tax incentives in certain foreign jurisdictions and the tax impacts resulting from Blue Chip Swap transactions in Argentina. This indicates effective tax planning and management.

International operations generate approximately 70% of net sales, subjecting the company to changes in political, social, and economic conditions globally. This highlights the potential for disruption from geopolitical events.

The company's future results are subject to fluctuations in foreign currency exchange and interest rates. This highlights the risk of earnings volatility due to currency movements.

The company is designated as a potentially responsible party (PRP) at waste disposal sites, and future remediation costs are uncertain. This highlights the potential for significant environmental liabilities.

The company anticipates net sales to increase due to higher volume as markets improve following significant inventory destocking downstream from the company in 2023. This suggests a strengthening competitive position.

Credit ratings are a significant factor in the company's ability to raise short- and long-term financing. Maintaining an investment grade rating supports financial flexibility.

The impact on net income from transactions denominated in foreign currencies is largely mitigated because the costs of products are generally denominated in the same currencies in which they are sold. This shows effective risk management.

Operational working capital, as a percentage of annualized current-quarter net sales, decreased compared to the second quarter of 2023. This indicates improved efficiency in managing working capital.

Average inventory turnover improved to 6.4 in the second quarter of 2024 compared to 6.2 in the second quarter of 2023. This indicates improved efficiency in managing inventory.

Average number of days payable outstanding increased to 76 days in the second quarter of 2024 compared to 73 days in the second quarter of 2023. This indicates improved efficiency in managing payables.

During the first six months of 2024 and 2023, the company primarily invested in information technology upgrades in the U.S. This indicates a commitment to technological advancement.

Company-wide, on an organic basis, net sales of Intelligent Label solutions increased by a mid-to-high teens rate compared to the same period in the prior year. This indicates innovation is contributing to growth.

The company is implementing new manufacturing technologies and installation of manufacturing equipment. This indicates a commitment to technological advancement.

In April 2024, the company increased its quarterly dividend rate to $0.88 per share, representing an increase of approximately 9%. This indicates a commitment to returning capital to shareholders.

During the first six months of 2024 and 2023, the company repurchased approximately 0.2 million and 0.5 million shares of its common stock, respectively. This indicates a commitment to returning capital to shareholders.

In June 2024, the company entered into a Credit Agreement under which it can borrow up to an aggregate of $1.20 billion through its maturity date of June 26, 2029. This indicates effective capital management.

The company is focused on sustainability and governance practices. This indicates a commitment to ESG initiatives.

The company's environmental expenditures increased. This indicates a commitment to ESG initiatives.

The company is reducing carbon emissions. This indicates a commitment to ESG initiatives.

The company anticipates net sales to increase due to higher volume as markets improve following significant inventory destocking downstream from the company in 2023. This suggests a favorable market environment.

International operations generate approximately 70% of net sales, subjecting the company to changes in political, social, and economic conditions globally. This highlights the impact of the global market environment.

The company is subject to regulatory environment. This highlights the impact of the regulatory environment.