Avery Dennison Corporation has announced its preliminary, unaudited financial results for the second quarter of 2025. The company reported earnings per share $(EPS)$ of $2.41, with adjusted EPS (non-GAAP) of $2.42, showing a 5% sequential increase and comparable to the prior year. Net sales for the quarter were $2.2 billion, marking a 0.7% decline. Organic sales decreased by 1.0%. By segment, the Materials Group saw a slight increase in reported sales by 0.2% to $1.6 billion, with an organic sales decline of 1.0%. The Solutions Group experienced a 2.6% decrease in reported sales to $670 million, with a 0.8% decline on an organic basis. Looking ahead, Avery Dennison has provided guidance for the third quarter of 2025, with expected reported EPS ranging from $2.14 to $2.30. Excluding an estimated impact from restructuring charges and other items, the adjusted EPS is anticipated to be between $2.24 and $2.40. In terms of capital deployment, the company returned $503 million in cash to shareholders in the first half of 2025 through share repurchases and dividends. Additionally, Avery Dennison increased its quarterly dividend to $0.94 per share, representing a 7% increase over the previous rate.
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