Avery Dennison Q4 Earnings Down; Posts Q1 Outlook; SPDR S&P Aerospace ETF Trust Up Pre-Market

Avery Dennison (NYSE: ADBL) reported Q4 net revenue of $1.02B, a 2.1% year-over-year decline, and GAAP net loss of $22.9M or $0.10 per share. The company guided to 2026 first-quarter revenue of $1.28B and EPS of $0.15, reflecting soft demand and supply chain disruptions. Pre-market activity in the SPDR S&P Aerospace ETF Trust (QAE) rose 1.8% as shares of the parent company of 3M's aerospace tape business were included in the index.