Avery Dennison Corp. (AVY)
NYSE:AVY
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Earnings Data
Report Date
Jul 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.47Last Year’s EPS
2.42Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of clear operational and financial strengths—modest organic revenue growth, 7% adjusted EPS growth, strong Materials Group performance, solid cash generation, disciplined capital returns, and a strategic $75M investment in Williard—paired with meaningful near-term headwinds: Solutions Group margin decline, Intelligent Labels logistics weakness, a March inflation spike, and the unwind of customer prebuys that could pressure Q2 volumes. Management emphasized proactive pricing, procurement, restructuring (> $55M) and productivity actions to offset inflation and drive sequential earnings improvement through the year.Company Guidance
Organic Sales and EPS Growth
First quarter organic sales increased 1% year-over-year, driven by mid single-digit volume/mix growth; adjusted EPS was $2.47, up 7% versus prior year.
Materials Group Outperformance
Materials Group reported sales growth of 11% year-over-year and organic sales growth of approximately 2%; adjusted EBITDA for Materials Group was up ~12% with margin expansion of ~10 basis points, driven by mid single-digit base category growth and productivity initiatives.
Strong Cash Generation and Healthy Balance Sheet
Generated $104 million of adjusted free cash flow in the quarter and maintained a quarter-end net debt to adjusted EBITDA ratio of 2.4x.
Capital Return and Disciplined Allocation
Returned capital to shareholders via $72 million in dividends and $61 million in share repurchases in the quarter (totaling $133 million returned per initial disclosure); buybacks were executed opportunistically while preserving flexibility.
Strategic Investment in Intelligent Labels
Announced an incremental $75 million investment in Williard to deepen partnership and accelerate the enterprise-wide Intelligent Labels platform, expanding long-term TAM and positioning Avery Dennison as a preferred inlay commercial partner.
Taylor Adhesives Acquisition Contribution
Taylor Adhesives acquisition contributed approximately 1 percentage point to reported sales in the quarter and is performing in line with expectations.
Operational Actions to Offset Inflation
Company is implementing price increases (low- to mid-single-digit actions) and material reengineering; reported ability to leverage procurement, productivity and restructuring (expecting >$55 million in savings) to protect margins amid inflationary pressure.
AVY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AVY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $164.98 | $166.49 | +0.92% |
Feb 04, 2026 | $185.90 | $192.18 | +3.38% |
Oct 22, 2025 | $161.84 | $177.18 | +9.48% |
Jul 22, 2025 | $176.17 | $178.79 | +1.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Avery Dennison Corp. (AVY) report earnings?
Avery Dennison Corp. (AVY) is schdueled to report earning on Jul 28, 2026, Before Open (Confirmed).
What is Avery Dennison Corp. (AVY) earnings time?
Avery Dennison Corp. (AVY) earnings time is at Jul 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AVY EPS forecast?
AVY EPS forecast for the fiscal quarter 2026 (Q2) is 2.47.