Avery Dennison ( (AVY) ) has released its Q1 earnings. Here is a breakdown of the information Avery Dennison presented to its investors.
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Avery Dennison Corporation is a global materials science and digital identification solutions company, providing products and solutions that enhance branding, supply chain efficiency, and sustainability across various industries, including retail, logistics, and pharmaceuticals. In its first quarter of 2025, Avery Dennison reported a slight decline in net sales to $2.1 billion, with a reported EPS of $2.09 and an adjusted EPS of $2.30, reflecting a modest increase from the previous year. The company’s Materials Group experienced a slight decrease in reported sales, while the Solutions Group saw a 2% increase, driven by growth in high-value categories like Intelligent Labels. Avery Dennison returned $331 million to shareholders through dividends and share repurchases, maintaining a strong balance sheet with a net debt to adjusted EBITDA ratio of 2.3x. Looking ahead, the company anticipates second-quarter adjusted EPS to range between $2.30 and $2.50, as it remains prepared to navigate a dynamic economic environment.