Avery Dennison Corporation earnings overview

AVY FY2026 Q1 · Calendar Q2 2026

Avery Dennison Corporation

Avery Dennison delivered a solid Q1 FY2026 with adjusted EPS up 7 percent year-over-year and modest organic sales growth of 1 percent, beating both EPS and revenue consensus estimates. The Materials Group anchored the quarter with double-digit sales growth, while the Solutions Group lagged due to weakness in high-value logistics categories. Management's incremental $75 million investment in Williard signals a deeper push into condition-monitoring sensors and a broader Intelligent Labels platform, but the mixed near-term performance of that business tempers enthusiasm. With Q2 guidance set at only 0 to 2 percent organic sales growth and raw material costs shifting from deflation to inflation, the question for investors is whether Materials Group momentum and the Intelligent Labels ramp in H2 2026 can offset cost pressures and logistics softness.