Avery Dennison Reports Q1 Earnings with Organic Sales Growth and Adjusted EPS Increase
Avery Dennison reported Q1 organic sales growth of 1% and adjusted EPS of $2.47, up 7% year-over-year. The Materials Group drove performance with stronger volumes and improved margins, while the Solutions Group faced weakness. The company expects a second-half growth ramp, particularly with a Walmart food rollout.
Topics: Earnings EPS Inflation Materials Group Pricing Strategy Sales Growth Solutions Group