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  "docSlug": "09bbf36d82e5",
  "documentTitle": "Avery Dennison Corporation (AVY)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-11-10 00:00:00",
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  "nDataPoints": 4,
  "notes": "Uses Wayback Machine and company website data to show zero change in location count.",
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      "kind": "callout",
      "text": "Avery constantly talks about restructuring leases, optimizing plants and facilities. However, as clearly evidenced by its 267 reported global locations found on its website consistently reported for over three years, it appears to have eliminated ZERO locations.",
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      "text": "Avery constantly talks about restructuring leases, optimizing plants and facilities. However, as clearly evidenced by its 267 reported global locations found on its website consistently reported for over three years, it appears to have eliminated ZERO locations.",
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      "text": "Source: Wayback Machine / Avery Website",
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      "text": "Red Flag: Years of Restructuring With No Physical Footprint Change",
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