Avery Dennison Corporation (AVY)

Avery Dennison beat expectations on both revenue and adjusted EPS in the second fiscal quarter of 2026, with preliminary results reported July 30 showing revenue rose about 11% to roughly $2.5 billion and adjusted EPS of $2.89. Revenue of $2.46 billion topped the $2.30 billion consensus by 7.3%, while adjusted EPS exceeded the $2.47 estimate by 17.0% and was up about 19% from $2.42 a year ago; net income also rose about 8% to roughly $204 million from $189.0 million a year earlier. Gross profit came in at about $729 million, leaving gross margin near 30%, and operating income of roughly $314 million translated to an operating margin around 13%. The company generated operating cash flow of $408.2 million, repurchased $137.6 million of stock, and paid $76.2 million in dividends. For the next period, consensus calls for EPS of $2.51 on revenue of $2.31 billion.