Avery Dennison Corp. Q3-2025
Materials · Paper & Plastic Packaging
Operator Signal: MIXED
Avery Dennison is holding steady in a tough environment but organic sales were flat. Materials Group is seeing deflation-related price reductions eating into volumes. Solutions Group is the bright spot with Intelligent Labels growing mid-single digits and Vestcom/Embelex both up double digits.
If you're selling into retail or supply chain digitization, the RFID/intelligent labels wave is real and accelerating — Avery's Solutions Group growth confirms enterprise buyers are actively spending here even as broader materials demand softens.
AI Intelligence
○ HYPENo AI-specific mentions in this earnings release. Avery Dennison focuses on materials science and RFID/digital identification but did not discuss AI initiatives in this filing.
What They Actually Said
“We delivered a solid third quarter, with earnings above expectations in a continued dynamic environment, reflecting the strength and durability of our overall portfolio.”
— Deon Stander, President and CEOgrowth-signal
“We remain prepared for various scenarios while continuing to focus on our core strategies, including driving outsized growth in our high-value categories, leveraging cost controls and productivity.”
— Deon Stander, President and CEOmacrocost-cutting
“We made progress advancing these strategies in the third quarter, safeguarding earnings in the near term and driving initiatives to deliver strong profitable growth over the cycle.”
— Deon Stander, President and CEOgrowth-signalpricing