Earnings ·
Avery Dennison reports Q3 EPS of $2.24, raises FY adjusted EPS guidance to $10.10-$10.24
AVYAvery Dennison Corp
Avery Dennison announced preliminary third-quarter 2026 results with reported earnings per share of $2.24 and non-GAAP adjusted EPS of $2.42, up 2.1% year-over-year. Net sales reached $2.3 billion, a 5.2% increase, driven by mid-single-digit organic growth in both its Materials and Solutions segments despite headwinds from customer destocking and foreign currency fluctuations. The company also raised its full-year 2026 adjusted EPS guidance to $10.10-$10.24, reflecting improved underlying performance and productivity gains. Additionally, Avery Dennison reported strong free cash flow generation and continued share repurchases throughout the first nine months of the year. Avery Dennison is a global materials science and digital identification solutions company that designs labeling and functional materials, RFID tags, and software applications for industries including retail, apparel, and healthcare.