Avery Dennison Corporation (AVY) Q1 2026 Earnings Call Transcript

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Q1: 2026-04-28 Earnings Summary

EPS of $2.47 beats by $0.04

 | Revenue of $2.30B (6.99% Y/Y) beats by $38.18M

Avery Dennison Corporation (AVY) Q1 2026 Earnings Call April 28, 2026 11:00 AM EDT

Company Participants

William Gilchrist – Vice President of Investor Relations
Deon Stander – President, CEO & Director
Gregory Lovins – CFO, Senior VP & Principal Financial Officer

Conference Call Participants

Ghansham Panjabi – Robert W. Baird & Co. Incorporated, Research Division
George Staphos – BofA Securities, Research Division
Jeffrey Zekauskas – JPMorgan Chase & Co, Research Division
John McNulty – BMO Capital Markets Equity Research
Joshua Spector – UBS Investment Bank, Research Division
John Dunigan – Jefferies LLC, Research Division
Michael Roxland – Truist Securities, Inc., Research Division
Matthew Roberts – Raymond James & Associates, Inc., Research Division
Anthony Pettinari – Citigroup Inc., Research Division
Hillary Cacanando – Deutsche Bank AG, Research Division

Presentation

Operator

Ladies and gentlemen, welcome to Avery Dennison’s Earnings Conference Call for the first quarter ended on March 31, 2026. [Operator Instructions] As a reminder, this webcast is being recorded and will be available for replay on the Avery Dennison Investor Relations website. I’d now like to turn the call over to William Gilchrist, Avery Dennison’s Vice President of Investor Relations. Please go ahead, sir.

William Gilchrist
Vice President of Investor Relations

Thank you, Lucas, and welcome to Avery Dennison’s First Quarter 2026 Earnings Conference Call. Please note that throughout today’s discussion, we’ll be making references to non-GAAP financial measures. The non-GAAP measures that we have used are defined, qualified and reconciled from GAAP on schedules A-4 to A-8 of the financial statements accompanying today’s earnings release.

We remind you that we’ll make certain predictive statements that reflect our current views and estimates about our future performance and financial results. These forward-looking statements are made subject to the safe harbor statement included in today’s earnings release. On the call today are Deon Stander, President and Chief Executive Officer; and Greg Lovins, Senior Vice President and Chief

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