Avery Dennison (NYSE:AVY) delivered fourth-quarter earnings that surpassed Wall Street expectations, as the materials science leader leaned on cost-cutting measures to overcome a sluggish consumer environment and global trade headwinds.
The Mentor, Ohio-based company said Wednesday that adjusted earnings for the quarter ended Dec. 31 were $2.45 per share, edging past the $2.40 consensus estimate from analysts.
Net income for the period stood at $166.4 million, or $2.15 per share on a GAAP basis. \
While the bottom line showed resilience, revenue of $2.27 billion fell just short of the $2.29 billion anticipated by the market.
The results reflect a year of navigating "dynamic" market conditions, including tariff uncertainties and a shift in consumer spending.
CEO Deon Stander credited the company's "productivity playbook" for maintaining an adjusted EBITDA margin of 16.4% for the full year.
"We delivered solid full-year results in 2025, reflecting the durability of our business model," Stander said in a statement.
He highlighted the company’s push into "high-value" categories—such as Intelligent Labels and RFID technology—which now account for roughly 45% of total company revenue.