- Avery Dennison (AVY, Financial) reported first-quarter 2025 EPS of $2.09 and adjusted EPS of $2.30, with a 0.4% increase and approximately 4% growth excluding currency effects.
- The company's Q1 2025 net sales reached $2.1 billion, with organic sales up 2.3% despite a 0.1% decrease in reported net sales.
- Q2 2025 adjusted EPS guidance is set between $2.30 and $2.50, while reported EPS is expected to range from $2.25 to $2.45.
Avery Dennison Corporation (AVY), a leading materials science and digital identification solutions company, released its preliminary unaudited financial results for the first quarter of 2025. The company reported an earnings per share (EPS) of $2.09 and an adjusted EPS of $2.30, showing slight improvement compared to the previous year.
In the first quarter of 2025, Avery Dennison achieved net sales of $2.1 billion, which reflects a minor decrease of 0.1% from the previous year. However, the company saw a positive organic sales change of 2.3%, driven by gains in high-value categories such as Intelligent Labels.
The Materials Group saw a reported sales decrease of 1.1%, reaching $1.5 billion. Despite this, it experienced a 1.2% increase in organic sales, bolstered by high single-digit growth in Intelligent Labels and related categories.
The Solutions Group performed well with a 2.0% increase in reported sales to $668 million, and a remarkable organic sales growth of 4.9%. This growth was supported by gains in Intelligent Labels within the apparel and food sectors, partially offset by a decline in logistics.
During Q1 2025, Avery Dennison returned $331 million to shareholders through $262 million in share repurchases and dividends. The company repurchased 1.4 million shares, reducing its share count by 2.3 million net of dilution from long-term incentive awards.
Looking ahead, Avery Dennison's guidance for the second quarter of 2025 forecasts adjusted EPS to be between $2.30 and $2.50, while reported EPS is anticipated to range from $2.25 to $2.45.
For more detailed insights into Avery Dennison's financial performance, investors are encouraged to explore the supplemental presentation materials available on the company's investor relations website.
