Avery Dennison reports Q2 adjusted EPS $2.42, consensus $2.44

Reports Q2 revenue $2.2B, consensus $2.23B. “We delivered a solid second quarter, with earnings above expectations in a dynamic environment, reflecting the strength of our overall portfolio,” said Deon Stander, president and CEO. “While trade policy changes led to lower sourcing demand for apparel and general retail categories in the quarter, growth in our high-value categories and productivity in the base business offset the impact from tariffs. The broader impact of trade policy changes is unclear. We are prepared for various scenarios and will continue to leverage our proven playbook to safeguard earnings, while driving key initiatives to deliver strong profitable growth over the cycle,” added Stander.