Avery Dennison Corp. reported first‑quarter 2026 results that surpassed analyst expectations, with adjusted earnings per share of $2.47, up 7.4% from the $2.30 EPS reported in Q1 2025, and total net sales of $2.2985 billion, a 7.0% year‑over‑year increase. The company’s revenue growth was driven by a 11.4% rise in Materials Group sales to $1.649 billion, while Solutions Group sales fell 2.8% to $649 million, reflecting the impact of strategic investments in that segment.
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Avery Dennison Corporation announced a $75 million minority investment in Wiliot, a physical‑AI firm that develops battery‑free Bluetooth Low‑Energy (BLE) sensor tags. The deal gives AVY a seat on Wiliot’s board and designates the company as Wiliot’s preferred partner for inlay design, manufacturing and commercialization, thereby strengthening AVY’s Intelligent Labels platform and expanding its digital‑identity capabilities.
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