Operational Costs Compared: SG&A Analysis of Avery Dennison Corporation and Pool Corporation

A Comparative Analysis of SG&A Expenses: Avery Dennison vs. Pool Corporation

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Avery Dennison Corporation and Pool Corporation, from 2014 to 2023. Over this period, Avery Dennison's SG&A expenses have shown a steady increase, peaking in 2022 with a 15% rise from 2014. Meanwhile, Pool Corporation's expenses have surged by nearly 100%, reflecting its aggressive growth strategy. Notably, 2020 marked a pivotal year for both companies, with Avery Dennison experiencing a slight dip, while Pool Corporation's expenses soared by 13%. This divergence highlights differing strategic responses to market conditions. As businesses navigate economic uncertainties, such insights into operational costs can guide strategic decision-making, ensuring sustainable growth and competitive advantage.