Latest news with #AveryDennison
Yahoo
2 days ago
- Business
- Yahoo
Earnings Preview: What to Expect From Avery Dennison's Report
Avery Dennison Corporation (AVY), headquartered in Mentor, Ohio, is a leading global materials science and digital identification solutions company. Valued at $13.7 billion by market cap, the company provides a wide range of branding and information solutions. Its products and solutions include pressure-sensitive materials, radio frequency identification (RFID) inlays, tickets, tags, labels, and other converted products. The company is all set to announce its fiscal second-quarter earnings for 2025 before the market opens on Tuesday, July 22. Ahead of the event, analysts expect AVY to report a profit of $2.39 per share on a diluted basis, down 1.2% from $2.42 per share in the year-ago quarter. The company has surpassed Wall Street's EPS estimates in three of the past four quarterly reports, while missing on the recent quarter. Jeff Bezos Unloads $5.4B in Amazon Shares: Should You Buy or Sell AMZN Stock Now? Elon Musk's Tesla Makes History With 'First Time That a Car Has Delivered Itself to Its Owner' This Defense Stock Could Be the Next Palantir. Should You Buy It Now? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the current year, analysts expect AVY to report EPS of $9.56, up 1.4% from $9.43 in fiscal 2024. Its EPS is expected to rise 9.2% year over year to $10.44 in fiscal 2026. AVY shares are down 19.8% over the past year, underperforming the S&P 500's ($SPX) 13.6% rise and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 19.2% uptick over the same time frame. On Apr. 23, AVY reported its first-quarter earnings, and its shares dropped 2.6%. It reported revenue of $2.15 billion, down marginally year over year, with organic sales up 2.3% driven by strong growth in its Solutions segment. Adjusted EPS came in at $2.30, up 0.4% from the prior year, supported by margin expansion and disciplined cost control. Despite a negative free cash flow of $53 million due to working capital shifts, the company returned $331 million to shareholders. Avery guided Q2 adjusted EPS between $2.30 and $2.50, signaling resilience amid macroeconomic headwinds. Analysts' consensus opinion on AVY stock is fairly bullish, with a 'Moderate Buy' rating overall. Out of 13 analysts covering the stock, six advise a 'Strong Buy' rating, one suggests a 'Moderate Buy,' and six give a 'Hold.' AVY's average analyst price target is $196.85, indicating a potential upside of 12.2% from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Business Wire
2 days ago
- Business
- Business Wire
Avery Dennison to Webcast Second Quarter 2025 Earnings Conference Call
MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY), a leading global materials science and digital identification solutions company, today announced it will host its second quarter 2025 earnings conference call at 11:00 a.m. ET on Tuesday, July 22, 2025. The company's second quarter release will be issued that morning at approximately 6:45 a.m. ET. The event will be webcast live, and the replay will be available on Avery Dennison's Investor Relations website ( About Avery Dennison Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. We design and develop labeling and functional materials, radio-frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2024 were $8.8 billion. Learn more at
Associated Press
24-06-2025
- Business
- Associated Press
Bold Reuse and Avery Dennison Launch RFID Pilot to Advance Smart Reuse Tracking Across Portland Venues
Bold Reuse, a leader in reusable packaging systems for venues, is launching a two-month pilot program deploying radio-frequency identification (RFID) technology in partnership with Avery Dennison (NYSE: AVY ), a global materials science and digital identification solutions company. The initiative will bring real-time visibility and smart tracking to monitor the entire lifecycle of reusable cups — from distribution and return to wash cycles and end-of-life. The pilot will be deployed at Bold Reuse's Portland-based wash-hub and two of Portland's major league sports venues: The Moda Center, home of the Portland Trail Blazers, and Providence Park, home of the Portland Timbers and Thorns, with the combined locations reaching over 2 million people a year. This pilot goes beyond basic inventory tracking — it represents a critical step forward in advancing smarter, data-informed reuse systems. With RFID technology, Bold Reuse and its partners are unlocking item-level metrics that reveal how cups move through the system, where losses occur, and how user behavior impacts return rates. These insights are key to driving operational efficiency, reducing waste and enhancing the fan experience. Ultimately, the data gathered through this pilot will shape more effective reuse strategies and support broader sustainability goals across sports and entertainment venues. 'This pilot is about unlocking operational intelligence at scale,' said Jocelyn Quarrell, CEO of Bold Reuse. 'With RFID, we can track every single cup throughout its journey, giving our partners transparency and performance metrics to make reuse as seamless and scalable as possible.' Through fixed RFID readers installed at key points within the service center, and handheld devices used at partner venues, the pilot will passively collect key data, including: Data is crucial for the success of reusable products and underpins the reuse economy. The data will allow Bold Reuse to optimize its service center operations, reduce waste, and extend the life of its products — ultimately making reuse more cost-effective and sustainable for its customers. 'Bold Reuse is paving the way for smarter reuse systems,' said Michael Colarossi, head of enterprise sustainability, Avery Dennison. 'Together, we're delivering a scalable, item-level traceability solution that enables real-time accountability and transparency in reuse. This is made possible through our unique combination of materials science expertise — specifically in performance adhesives — and our deep knowledge of RFID technology. We ensure items can withstand repeated wash cycles without compromising RFID functionality, empowering consumers to reuse items again and again.' Partner Perspectives Moda Center 'At Moda Center, we're proud to already operate a successful reusable cup program through Rip City Reuse, which has eliminated more than 917,000 single-use cups to date — and we're on track to hit 1 million cups diverted this year,' said Brittany Saulsbury, sustainability operations manager at the Portland Trailblazers. 'With this RFID pilot, we're excited to enhance the system by gathering deeper data insights to help us further optimize the fan experience and continue driving waste reduction at Moda Center.' Providence Park 'We're always looking for ways to raise the bar on sustainability at Providence Park, and this RFID pilot with Bold Reuse is an exciting leap forward,' said Ashley Highsmith, chief operations officer, Portland Timbers. 'It's not just about reducing waste — it's about embracing innovation to create smarter, more efficient systems. With this technology, we're gaining powerful insights that will help us scale our impact, engage fans in new ways, and set a new standard for what sustainability can look like in sports and entertainment.' In the future, the RFID tracking system could serve as a blueprint for widespread implementation across Bold Reuse's growing network of venues nationwide. About Bold Reuse Bold Reuse partners with venues, corporate campuses, and institutions to power circular systems through reusable packaging, logistics, and data-driven operations. Headquartered in Portland, OR, the company's mission is to eliminate single-use waste and build a scalable infrastructure for reuse. For more information, visit About Avery Dennison Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. We design and develop labeling and functional materials, radio-frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2024 were $8.8 billion. Learn more at Media Contact Mya Manibusan [email protected] ### SOURCE: Bold Reuse Copyright 2025 EZ Newswire
Reuters
23-06-2025
- Business
- Reuters
Bold Reuse and Avery Dennison Launch RFID Pilot to Advance Smart Reuse Tracking Across Portland Venues
PORTLAND, OR, June 23, 2025 (EZ Newswire) -- Bold Reuse, opens new tab, a leader in reusable packaging systems for venues, is launching a two-month pilot program deploying radio-frequency identification (RFID) technology in partnership with Avery Dennison, opens new tab (NYSE: AVY, opens new tab), a global materials science and digital identification solutions company. The initiative will bring real-time visibility and smart tracking to monitor the entire lifecycle of reusable cups — from distribution and return to wash cycles and end-of-life. The pilot will be deployed at Bold Reuse's Portland-based wash-hub and two of Portland's major league sports venues: The Moda Center, home of the Portland Trail Blazers, and Providence Park, home of the Portland Timbers and Thorns, with the combined locations reaching over 2 million people a year. This pilot goes beyond basic inventory tracking — it represents a critical step forward in advancing smarter, data-informed reuse systems. With RFID technology, Bold Reuse and its partners are unlocking item-level metrics that reveal how cups move through the system, where losses occur, and how user behavior impacts return rates. These insights are key to driving operational efficiency, reducing waste and enhancing the fan experience. Ultimately, the data gathered through this pilot will shape more effective reuse strategies and support broader sustainability goals across sports and entertainment venues. 'This pilot is about unlocking operational intelligence at scale,' said Jocelyn Quarrell, CEO of Bold Reuse. 'With RFID, we can track every single cup throughout its journey, giving our partners transparency and performance metrics to make reuse as seamless and scalable as possible.' Through fixed RFID readers installed at key points within the service center, and handheld devices used at partner venues, the pilot will passively collect key data, including: Data is crucial for the success of reusable products and underpins the reuse economy. The data will allow Bold Reuse to optimize its service center operations, reduce waste, and extend the life of its products — ultimately making reuse more cost-effective and sustainable for its customers. 'Bold Reuse is paving the way for smarter reuse systems,' said Michael Colarossi, head of enterprise sustainability, Avery Dennison. 'Together, we're delivering a scalable, item-level traceability solution that enables real-time accountability and transparency in reuse. This is made possible through our unique combination of materials science expertise — specifically in performance adhesives — and our deep knowledge of RFID technology. We ensure items can withstand repeated wash cycles without compromising RFID functionality, empowering consumers to reuse items again and again.' Partner Perspectives Moda Center 'At Moda Center, we're proud to already operate a successful reusable cup program through Rip City Reuse, which has eliminated more than 917,000 single-use cups to date — and we're on track to hit 1 million cups diverted this year,' said Brittany Saulsbury, sustainability operations manager at the Portland Trailblazers. 'With this RFID pilot, we're excited to enhance the system by gathering deeper data insights to help us further optimize the fan experience and continue driving waste reduction at Moda Center.' Providence Park 'We're always looking for ways to raise the bar on sustainability at Providence Park, and this RFID pilot with Bold Reuse is an exciting leap forward,' said Ashley Highsmith, chief operations officer, Portland Timbers. 'It's not just about reducing waste — it's about embracing innovation to create smarter, more efficient systems. With this technology, we're gaining powerful insights that will help us scale our impact, engage fans in new ways, and set a new standard for what sustainability can look like in sports and entertainment.' In the future, the RFID tracking system could serve as a blueprint for widespread implementation across Bold Reuse's growing network of venues nationwide. About Bold Reuse Bold Reuse partners with venues, corporate campuses, and institutions to power circular systems through reusable packaging, logistics, and data-driven operations. Headquartered in Portland, OR, the company's mission is to eliminate single-use waste and build a scalable infrastructure for reuse. For more information, visit opens new tab. About Avery Dennison Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. We design and develop labeling and functional materials, radio-frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2024 were $8.8 billion. Learn more at opens new tab. Media Contact Mya Manibusanmya@ ### SOURCE: Bold Reuse Copyright 2025 EZ Newswire See release on EZ Newswire
Yahoo
20-06-2025
- Business
- Yahoo
The Top 5 Analyst Questions From Avery Dennison's Q1 Earnings Call
Avery Dennison's first quarter results met Wall Street expectations, with sales flat year over year and non-GAAP earnings per share in line with consensus. Management highlighted volume growth across both its Materials and Solutions Groups, driven by strength in high-value categories like graphics, reflective solutions, and industrial tapes. CEO Deon Stander attributed the quarter's performance to 'strong growth in high-value categories,' especially in the Materials Group, and noted that North American label volumes improved as customer inventory actions normalized. The company also benefited from productivity initiatives, which helped sustain margins despite deflation-related pricing pressure and a dynamic trade environment. Is now the time to buy AVY? Find out in our full research report (it's free). Revenue: $2.15 billion vs analyst estimates of $2.16 billion (flat year on year, in line) Adjusted EBITDA: $352.4 million vs analyst estimates of $353.4 million (16.4% margin, in line) Adjusted EPS guidance for Q2 CY2025 is $2.40 at the midpoint, below analyst estimates of $2.56 Operating Margin: 11.9%, in line with the same quarter last year Organic Revenue rose 2.3% year on year, in line with the same quarter last year Market Capitalization: $13.6 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Ghansham Panjabi (Baird) asked about the effect of tariffs on apparel demand and pre-buying behavior. CEO Deon Stander clarified there was no significant pre-buying in Q1, but apparel order activity softened toward the end of the quarter due to tariff uncertainty. John McNulty (BMO Capital Markets) queried about the jump in working capital and tariff mitigation. CFO Gregory Lovins explained that higher rebate and incentive payments, not inventory shifts, drove the increase, and that price surcharges and sourcing adjustments would help offset tariff costs. Jeffrey Zekauskas (JPMorgan) questioned the rationale for accelerated share buybacks amid limited visibility. Lovins replied that the buybacks were opportunistic, triggered by share price declines and in line with the company's longstanding capital allocation discipline. George Staphos (Bank of America) asked about the company's capacity to accommodate sourcing shifts out of China and the stability of logistics exposure. Stander noted that Avery Dennison's global network can handle moderate shifts, but full supply chain transitions depend on garment manufacturing capacity in destination countries. Mike Roxland (Truist Securities) raised concerns about competitive dynamics in intelligent labels, particularly logistics. Stander responded that Avery Dennison maintains majority share through innovation, cost leadership, and strong customer support, and expects new product innovation to reinforce its position. In the coming quarters, the StockStory team will monitor (1) the pace of apparel demand recovery or further decline as tariff impacts play out, (2) progress in expanding high-value intelligent label programs across food, retail, and logistics, and (3) the effectiveness of cost containment measures and scenario planning in maintaining margins. We will also watch for updates on new customer rollouts and any further shifts in trade policy or macro conditions. Avery Dennison currently trades at $173.93, in line with $174.95 just before the earnings. Is the company at an inflection point that warrants a buy or sell? See for yourself in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
