Q2 Earnings Webcast

Q1 Beat Sets the Stage for July 30

Avery Dennison's Q1 2026 results gave investors reason for optimism. Adjusted EBITDA margin came in at 16.4%, per Financial Content. The stock jumped 4.13% immediately after the Q1 report, showing how sensitive investors are to margin results. The board also raised its quarterly dividend after the report. The company now holds 15 consecutive years of dividend increases, with a yield of roughly 2.27%.

CEO Deon Stander said the company is "executing a clear strategy to drive earnings growth despite geopolitical uncertainty triggering raw material inflation." CFO Gregory Lovins added that the company is "well-positioned to manage inflationary pressures with strategic sourcing adjustments." Management expects to realize $55 million in restructuring savings during 2026.

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$75 Million Bet on Physical AI and RFID

In April 2026, Avery Dennison announced a $75 million investment in Wiliot, a startup focused on "Physical AI." Physical AI means tiny wireless sensors embedded in product labels that can track temperature, location, and expiration data in real time. The goal is to make every item in a supply chain digitally visible without human scanning.

The company already showcased RFID and Bluetooth Low Energy sensors at the NRF 2026 retail trade show in January, focusing on cutting food waste. Its AD IdentiFresh™ product, launched in February, uses RFID tags to track fresh food like meat and deli items. Partners include major retailers like Walmart and Kroger. Intelligent Labels — the segment covering RFID and smart packaging — now make up roughly 45% of total revenue, per Market Screener.

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Legacy Labels Business Faces Slower Growth

The Materials Group — Avery Dennison's traditional pressure-sensitive label business — still generates about $1.6 billion of the $2.3 billion in quarterly revenue. But it grew only 1.9% organically in Q1 2026, per Market Screener. The segment also faces "deflation-related price reductions" as raw material costs shift. In June 2026, Danny Allouche was appointed as the new President of the Materials Group to help navigate this slower-growth environment.

Some analysts worry that pricing actions to offset raw material costs could lead to market share loss in emerging markets. However, 11 analysts polled by S&P Global hold a "Buy" consensus on the stock. Price targets range from $175 (Argus Research) on the low end to $223 (BMO Capital) on the high end. The July 30 call will be key to seeing if the company can push EPS to the top of its $2.53 guidance range.

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How to Watch the July 30 Earnings Webcast

The Q2 2026 earnings press release will go out at 6:45 a.m. ET on July 30. The live webcast begins at 11:00 a.m. ET the same day, according to Financial Content. Avery Dennison employs roughly 35,000 people across more than 50 countries. The company trades on the New York Stock Exchange under the ticker AVY.

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