Avery Dennison (NYSE:AVY) announced preliminary, unaudited results for the first quarter of 2026, showcasing resilient top-line growth and improved earnings power.
The Mentor, Ohio-based leader in materials science and digital identification solutions reported net sales of $2.3 billion, a 7% increase compared to the same period in 2025.
The company’s bottom-line performance was marked by an adjusted earnings per share (EPS) of $2.47, representing a 7.4% increase year-over-year.
On a GAAP basis, Avery Dennison reported an EPS of $2.18 for the quarter ended March 31, 2026.
The results reflect the company's ability to navigate a complex global macro environment through disciplined pricing and the continued adoption of its intelligent labeling and digital ID technologies.
Organic sales, which exclude the impacts of currency fluctuations and acquisitions, grew 1.1% during the quarter.
When excluding only currency translation, sales were up 2.3%.