Quarterly ResultApr 28, 2026, 06:52 AM
AVY Q1 Reported EPS $2.18, Adj. EPS $2.47 (+7.4%); Net Sales $2.3B (+7.0%)
AI Summary
Avery Dennison Corporation announced strong first quarter 2026 results, with adjusted EPS rising 7.4% to $2.47 and net sales increasing 7.0% to $2.3 billion. The company highlighted the strength and resilience of its portfolio in a dynamic environment, driven by innovation and commercial excellence. For the second quarter of 2026, Avery Dennison provided adjusted EPS guidance of $2.43 to $2.53. The company also returned $133 million to shareholders through dividends and share repurchases during the quarter.
Key Highlights
- Q1 2026 Adjusted EPS (non-GAAP) was $2.47, up 7.4% year-over-year.
- Q1 2026 Net sales reached $2.3 billion, an increase of 7.0% year-over-year.
- Q1 2026 Organic sales (non-GAAP) increased by 1.1%.
- Q2 2026 Adjusted EPS guidance is projected to be $2.43 to $2.53.
- Materials Group reported sales increased 11.4% to $1.6 billion (organic sales up 1.9%).
- Solutions Group reported sales decreased 2.8% to $649 million (organic sales down 0.9%).
- The company returned $133 million to shareholders through dividends and share repurchases.
- Realized approximately $17 million in pre-tax savings from restructuring actions in Q1.