AVY · 10-Q · 2026Q3

Avery Dennison Corp

Filed 2026-11-03 · Other · View original filing on EDGAR

Everything AVY's SEC filings said, ranked

Ranked Events

• Operating Cash Flow TrendsImportance 69 · Surprise 64
  Net cash provided by operating activities increased 67.2% to $843.5 million in the first nine months of 2026 from $504.6 million in the prior-year period. Adjusted free cash flow rose to $715.8 million from $404.5…
• Capital Return ProgramImportance 64 · Surprise 56
  The company paid $223.9 million in dividends during the first nine months of 2026, compared with $216.0 million a year earlier, and repurchased $257.2 million of shares versus $453.6 million. It repurchased…
• Income Tax Rate ChangesImportance 56 · Surprise 58
  The effective tax rate for the first nine months of 2026 increased to 29.1% from 27.3% in 2025. Income-tax provision rose 13.6% to $222.4 million from $195.7 million, exceeding the prior-year amount by $26.7 million.…
• Segment ProfitabilityImportance 55 · Surprise 32
  Materials Group nine-month adjusted operating income rose 9.4% to $769.3 million from $702.9 million, on net sales of $5,089.9 million. Solutions Group adjusted operating income increased 2.2% to $209.4 million from…
• Gross Margin DriversImportance 55 · Surprise 32
  Nine-month gross profit increased 8.1% to $2,049.0 million from $1,895.6 million, while gross margin edged up to approximately 28.9% from 28.8%. Higher volume, pricing and raw-material cost benefits including material…
• Revenue Performance and MixImportance 55 · Surprise 32
  Net sales for the nine months ended September 30, 2026 increased 7.7% to $7,092.9 million from $6,584.3 million; organic sales rose, driven primarily by higher volume and pricing, partially offset by unfavorable mix.…
• Headcount / RestructuringImportance 46 · Surprise 42
  Avery Dennison recorded $40.4 million of net restructuring charges during the nine months ended September 30, 2026 for its 2026 cost-reduction actions. The charges included severance and related costs associated with…
• Guidance / OutlookImportance 44 · Surprise 24
  For 2026, Avery Dennison expects foreign-currency translation, based on recent rates, to benefit full-year net sales and operating income. It also anticipates higher interest expense and a full-year effective tax rate…
• Liquidity and Debt PositionImportance 42 · Surprise 14
  Cash and cash equivalents were $271.4 million at September 30, 2026, and the $1.20 billion revolving credit facility had no outstanding balance. Carrying-value debt declined approximately $118 million during the first…
• Geographic Market CommentaryImportance 37 · Surprise 32
  Materials Group organic sales in the third quarter increased at a high-single-digit rate in North America, a mid-single-digit rate in Europe, the Middle East and North Africa, and a low-single-digit rate in Asia…
• Market Demand TrendsImportance 37 · Surprise 32
  Avery Dennison reported third-quarter organic net sales growth, driven primarily by pricing actions and higher volume. In the Materials Group, third-quarter organic sales increased despite unfavorable mix; year-to-date…
• Capital ExpendituresImportance 35 · Surprise 22
  Purchases of property, plant and equipment totaled $115.1 million in the first nine months of 2026, up 12.9% from $101.9 million in the prior-year period. Materials Group invested in equipment for growth and…
• Acquisition / Partnership / DivestitureImportance 34 · Surprise 42
  During the first nine months of 2026, the company made an approximately $75 million minority investment in Wiliot Ltd., funded with cash and commercial-paper borrowings. The company also made other venture investments…
• FX / Currency HeadwindsImportance 26 · Surprise 24
  International operations generated approximately 69% of net sales during the nine months ended September 30, 2026. Management said foreign-currency translation favorably affected net sales compared with the prior-year…
• Products and TechnologyImportance 25 · Surprise 32
  Avery Dennison reported low-single-digit organic sales growth in intelligent labels company-wide in both the third quarter and first nine months of 2026. The Solutions Group’s high-value categories had comparable…

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Revenue by Geography (in millions)