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Get AVY alertsGreg Lovins is recorded as CFO at Avery Dennison Corp (AVY). Greg Lovins has spoken on 19 earnings calls across 1 company, most recently for Avery Dennison Corp on July 30, 2026. Avery Dennison Corp is classified in the Packaging & Containers industry within the Consumer Cyclical sector. Other leadership on record at Avery Dennison Corp includes Deon Stander (CEO and Board Member), Mitchell Butier (Chairman), Mitchell R. Butier (Chairman and Board Member) and 7 others.
“As Dion mentioned, customer inventory pre-buys were a contributing factor during the quarter, adding an estimated $0.25 to earnings. Second quarter reported sales were up 11% year-over-year, with organic sales growth of 8%, driven by strong volume mix and slightly favorable pricing.”
“So I think you're talking about the second quarter outlook. So we look at the amount of inflation, I think I mentioned in prepared remarks that we're seeing high single digit sequential inflation in Q2.”
“We delivered adjusted earnings per share of $2.37, up 2% compared to prior year and above the midpoint of our expectations. Results were driven by productivity and higher volume mix, partially offset by higher employee-related costs and investments.”
“We estimate the indirect effect of tariffs lowered our earnings per share by more than 10 cents in the quarter. Compared to prior year, sales were down 1% on an organic basis, as positive volume mix was more than offset by deflation-related price reductions.”
“And yes, a big thanks to Danny for stepping in while I was out. And I also want to thank everyone in the investment community who reached out while I was gone. And it's definitely great to be back.”
Packaging & Containers · Consumer Cyclical
CFO
