Avery Dennison Corp
For the period ended Oct 29, 2026. Filed Oct 29, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 29, 2026 · Filed Oct 29, 2026
Use the contents to explore the available documents and sections.
AVY$186.78-1.5%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In millions, except %)
(In millions, except %)
| NET SALES | ||||
|---|---|---|---|---|
| Three Months Ended | Nine Months Ended | |||
| Sep. 30, 2026 | Sep. 27, 2025 | Sep. 30, 2026 | Sep. 27, 2025 | |
| Materials Group | $1,644.5 | $1,516.0 | $5,089.9 | $4,546.3 |
| Solutions Group | 687.0 | 699.5 | 2,003.0 | 2,038.0 |
| Total net sales | $2,331.5 | $2,215.5 | $7,092.9 | $6,584.3 |
| RECONCILIATION OF NON-GAAP SUPPLEMENTARY INFORMATION FROM GAAP | ||||
| Three Months Ended | Nine Months Ended | |||
| Sep. 30, 2026 | Sep. 27, 2025 | Sep. 30, 2026 | Sep. 27, 2025 | |
| Materials Group | ||||
| Operating income | $225.3 | $216.5 | $751.9 | $691.9 |
| Adjustments: | ||||
| Restructuring charges, net of reversals: | ||||
| Severance and related costs, net of reversals | 4.8 | 2.7 | 13.6 | 7.7 |
| Asset impairment and lease cancellation charges | --- | 1.8 | 0.6 | 1.8 |
| Loss from Argentine peso remeasurement | 0.5 | 1.9 | 1.8 | 4.4 |
| (Gain) loss on venture and other investments | 0.1 | 2.2 | 0.8 | 3.2 |
| (Gain) loss on sales of assets | 0.4 | --- | 0.3 | (11.1) |
| Outcomes of legal matters and settlements | --- | 3.0 | 0.2 | 3.0 |
| Transaction and related costs | --- | 2.0 | 0.1 | 2.0 |
| Adjusted operating income (non-GAAP) | $231.1 | $230.1 | $769.3 | $702.9 |
| Depreciation and amortization | 37.8 | 34.8 | 115.1 | 99.3 |
| Adjusted EBITDA (non-GAAP) | $268.9 | $264.9 | $884.4 | $802.2 |
| Operating margins | 13.7% | 14.3% | 14.8% | 15.2% |
| Adjusted operating margins (non-GAAP) | 14.1% | 15.2% | 15.1% | 15.5% |
| Adjusted EBITDA margins (non-GAAP) | 16.4% | 17.5% | 17.4% | 17.6% |
| Solutions Group | ||||
| Operating income | $72.0 | $68.2 | $179.9 | $186.1 |
| Adjustments: | ||||
| Restructuring charges, net of reversals: | ||||
| Severance and related costs, net of reversals | 3.2 | 4.8 | 24.9 | 11.7 |
| Asset impairment and lease cancellation charges | 0.3 | 0.4 | 3.4 | 0.7 |
| (Gain) loss on venture and other investments | (1.1) | (3.5) | 0.7 | 6.6 |
| Outcomes of legal matters and settlements | --- | 0.2 | 0.5 | 0.2 |
| (Gain) loss on sales of assets | --- | (0.4) | --- | (0.4) |
| Adjusted operating income (non-GAAP) | $74.4 | $69.7 | $209.4 | $204.9 |
| Depreciation and amortization | 47.8 | 49.2 | 143.7 | 143.4 |
| Adjusted EBITDA (non-GAAP) | $122.2 | $118.9 | $353.1 | $348.3 |
| Operating margins | 10.5% | 9.7% | 9.0% | 9.1% |
| Adjusted operating margins (non-GAAP) | 10.8% | 10.0% | 10.5% | 10.1% |
| Adjusted EBITDA margins (non-GAAP) | 17.8% | 17.0% | 17.6% | 17.1% |
-more-
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.