Earnings Releases·Oct 29, 2026, 6:46 AM ET

Avery Dennison — Third Quarter 2026 Earnings Summary

Q3 2026 net sales rose 5.2% YoY to $2.33 billion (organic +3.7%), while adjusted EPS increased 2.1% YoY to $2.42; however, adjusted operating and EBITDA margins contracted to 12.1% and 15.8% respectively from prior year levels.
Full-year 2026 adjusted EPS guidance remains $10.10 to $10.24, excluding an estimated $0.65 impact from restructuring charges and other items.
Materials Group sales grew 8.5% YoY to $1.64 billion, whereas Solutions Group sales declined 1.8% YoY to $687 million; cost reduction actions generated $54 million in pre-tax savings through Q3 2026.
The company returned $481 million to shareholders via share repurchases and dividends in the first nine months of 2026, including $257 million in share repurchases.