Avery Dennison reported preliminary third-quarter 2026 results showing higher sales and adjusted earnings, and set its full-year earnings outlook. The materials characterize the quarter’s sales, earnings and cash flow as strong; the figures provided include sales and per-share earnings, but no cash-flow amount.
- Third-quarter sales: Net sales were $2.3 billion, up 5.2% from a year earlier. Sales increased 4.9% excluding currency effects and 3.7% on an organic basis, both company-defined non-GAAP measures.
- Third-quarter earnings: Reported earnings were $2.24 per share. Adjusted earnings were $2.42 per share, up 2.1% year over year.
- Full-year outlook: Avery Dennison forecast reported earnings of $9.45 to $9.59 per share for 2026. Its adjusted earnings guidance is $10.10 to $10.24 per share.
- Basis of the figures: The third-quarter results are preliminary and unaudited. Adjusted earnings and the sales-growth measures excluding currency and on an organic basis are non-GAAP measures, so they are not directly equivalent to reported results.
The guidance presents both reported and adjusted earnings expectations, with the adjusted range higher than the reported range.