Avery Dennison said net sales for Q3 rose 5.2% to $2,331.5 million, reported diluted EPS was $2.24, and adjusted EPS (non-GAAP) was $2.42, up 2.1%.

1. 01

   Avery Dennison said net sales for Q3 rose 5.2% to $2,331.5 million, reported diluted EPS was $2.24, and adjusted EPS (non-GAAP) was $2.42, up 2.1%.

2. 02

   The company said Materials Group sales rose 8.5% in Q3, while adjusted operating margin (non-GAAP) was 14.1%, down 110 basis points. Solutions Group sales fell 1.8%, but its adjusted operating margin was 10.8%, up 80 basis points.

3. 03

   The company reported operating cash flow of $843.5 million for the 9 months to date ($504.6 million a year earlier), and adjusted free cash flow (non-GAAP) of $715.8 million ($404.5 million a year earlier).

4. 04

   The company said it expects full-year 2026 reported EPS of $9.45 to $9.59, and adjusted EPS of $10.10 to $10.24 excluding an estimated $0.65 impact from restructuring charges and other items.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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