Avery Dennison Corp reported quarterly results for 2026 with revenue rising to $2.46B and diluted EPS of $2.67, driven by higher volumes, pricing actions and margin improvements versus the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$2.46B$2.22B10.9% | Net income²$204.1M$189M8% | Diluted EPS³$2.67$2.4110.8% |
¹ Reported as “Net sales”. ² Reported as “Net income”. ³ Reported as “Diluted income per common share, assuming dilution”.
Business Highlights
- Revenue growth: Net sales were up roughly 11% for the quarter (about 9% year-to-date), supported by higher volume and pricing actions.
- Geographic mix: Strong organic growth in EMEA and APAC, with North America posting mid- to high-single-digit gains.
- Product momentum: Intelligent labels grew in the low single digits and high-value categories expanded.
- Margins and productivity: Productivity initiatives and material re-engineering helped boost gross margins.
- Workforce optimization: A 2026 restructuring reduced about 600 roles, delivering cost savings and optimizing the footprint.
Original SEC Filing:
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