Avery Dennison Corp (AVY) Form 8-K — Jul 30, 2026
Avery Dennison reported preliminary second quarter results, delivering net sales of $2.5 billion, up 10.9% year-over-year, and adjusted EPS of $2.89, an increase of 19.4%. The company achieved solid margin expansion with adjusted EBITDA margin rising 50 basis points to 17.1%, driven by volume growth, productivity, and pricing. Segment performance showed strength in the Materials Group, with sales up 15.9%, while the Solutions Group managed to grow adjusted operating margins by 150 basis points despite flat reported sales. Management noted that customer inventory stocking contributed to the quarterly performance, estimating it provided roughly half of the organic sales growth.
Key figures
- Eps
- 2.67
- Guidance
- FY26 Reported EPS $9.40 to $9.70; FY26 Adjusted EPS $10.00 to $10.30
- Adjusted EPS
- 2.89
- Net Debt To EBITDA
- 2.3x
- Adjusted EPSGrowth
- 19.4%
- Organic Sales Growth
- 7.6%
- Adjusted EBITDAMargin
- 17.1%
- Cash Returned To Shareholders
- 347000000
Price after filing
Close on the filing date to close N calendar days later (from $169.13). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.