AVY · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
Avery Dennison Corp · 2026-08-04 · Importance 49 · Surprise 32 · From source text
Six-month net sales increased to $4,761.4 million from $4,368.8 million, representing 9.0% year-over-year growth. Second-quarter net sales rose to $2,462.9 million from $2,220.5 million, or 10.9%, while organic sales increased despite unfavorable mix. Materials Group six-month net sales increased 13.7% to $3,445.4 million, supported by higher volume, while Solutions Group sales decreased 1.7% to $1,316.0 million as high-value category growth was offset by a base-business decline. International operations generated approximately 69% of six-month net sales, with regional Materials Group organic growth ranging from high single digits in North America and Asia Pacific to a low-single-digit decline in Latin America.
Key facts
- Second-quarter net sales, annualized, for June 30, 2026: $9,878.7 million; for June 28, 2025: $8,882.0 million. source
- Net sales for the three months ended June 30, 2026: $2,462.9 million. source
- Net sales for the six months ended June 30, 2026: $4,761.4 million. source
- Materials Group net sales for the three months ended June 30, 2026: $1,796.1 million (net of intersegment sales). source
- Solutions Group net sales for the three months ended June 30, 2026: $666.8 million (net of intersegment sales). source
- In the first six months of 2026, Materials Group net sales (including intersegment sales) were $3,515.7 million and net sales (excluding intersegment) were $3,445.4 million. source
- Solutions Group net sales including intersegment sales for the six months ended June 30, 2026: $1,356.1 million; net sales excluding intersegment: $1,316.0 million. source
- The three and six months ended June 30, 2026 consisted of 91 and 181 days, respectively, and the three and six months ended June 28, 2025 consisted of 91 and 182 days, respectively. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +40.5% | Second-quarter net sales, annualized, for June 30, 2026: $9,878.7 million; for June 28, 2025: $8,882.0 million. |