Avery Dennison Corporation

Avery Dennison Corporation Earnings Recaps

AVY Industrials 1 recap
Q3 2025 Oct 22, 2025

Avery Dennison reported a 2% year-over-year earnings increase for Q3 2025, above expectations, reflecting robust execution despite ongoing trade policy challenges.

Key takeaways
  • Materials Group margins expanded by 50 basis points year-over-year, driven by operational excellence and a positive volume mix from specialty durable labels and adhesives.
  • Solutions Group achieved 4% organic sales growth, with over 10% growth from both VESCOM and Embellix segments.
  • A major partnership with Walmart to leverage RFID innovation in fresh grocery categories marks a significant milestone in the Intelligent Labels market.
  • Despite trade policy uncertainties impacting apparel and general retail, the company anticipates improved year-over-year growth in Q4.
  • High-value categories now represent 45% of total business, underscoring Avery Dennison's strategic shift towards higher growth and margin opportunities.