as of 11-13-2026 3:52pm EST
Perrigo is a pure-play consumer healthcare product manufacturer and distributor. In North America (two-thirds of total sales), the firm's product mix centers on private-label consumer health goods sold to major retailers such as Walmart, Amazon.com, Costco, and CVS. It plays in a number of over-the-counter categories including pain, skincare, women's health, and nutrition. Perrigo also competes in Europe, Australia, and parts of Asia, where it primarily generates revenue through its national brands, including Compeed, Solpadeine, Coldrex, and ellaOne.
| Founded: | 1887 | Country: | Ireland |
| Employees: | N/A | City: | DUBLIN 2 |
| Market Cap: | 2.2B | IPO Year: | 2013 |
| Target Price: | $18.00 | AVG Volume (30 days): | 2.2M |
| Analyst Decision: | Hold | Number of Analysts: | 4 |
| Dividend Yield: | Dividend Payout Frequency: | monthly | |
| EPS: | -2.53 | EPS Growth: | -723.20 |
| 52 Week Low/High: | $9.22 - $17.02 | Next Earning Date: | 11-04-2026 |
| Revenue: | $800,000 | Revenue Growth: | N/A |
| Revenue Growth (this year): | -5.81% | Revenue Growth (next year): | -3.37% |
| P/E Ratio: | -6.41 | Index: | |
| Free Cash Flow: | 145.1M | FCF Growth: | -34.45% |
SEC 8-K filings with transcript text
Nov 4, 2026 · 100% conf.
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2 cy26q3ex991pressrelease.htm
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Perrigo Reports Third Quarter 2026 Financial Results From Continuing Operations
•Execution of Three-S plan driving sequential improvement in operating results and market share gains across U.S. Store Brand OTC and key European brands
•Infant Formula divestiture expected to simplify portfolio and sharpen focus on higher-return consumer self care categories; strategic review of Oral Care business remains ongoing
•Updated full-year 2026 outlook to reflect divestiture, more measured retailer inventory positioning, and continued softness in Europe
DUBLIN, November 4, 2026 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO) ("Perrigo" or the "Company"), a leading provider of consumer self-care products, today announced financial results from continuing operations for the third quarter ended September 26, 2026.
“Our Three-S plan is delivering continued progress in the areas of the business within our control,” said Albert Manzone, Interim President and Chief Executive Officer. “We gained market share again in U.S. store brand OTC and in key European brands. Category trends improved sequentially, which, combined with disciplined cost management, helped offset a difficult consumer backdrop.
“The sale of Infant Formula is an important step in evolving Perrigo into a more focused consumer self-care company. It is expected to enhance our margin profile, materially reduce expected future capital expenditures, and support continued deleveraging and reinvestment in the business. The result will be a simpler Perrigo, better positioned for profitable growth.
“We have adjusted our full-year outlook to reflect the divestiture, more measured retailer inventory positioning ahead of the cough and cold season, and continued softness in Europe. Our underlying model, combining scaled brands and store brands in categories people need every day, remains unchanged, and the actions we are taking to simplify Perrigo are positioning us for more consistent and profitable growth over the long term.”
1
Third Quarter Results
All In(1)
Core(1)
3Q'263Q'25Change 3Q'263Q'25Change
Reported Net Sales $989$1,043(5.2)%$908$924(1.7)%
Reported Gross Margin 32.4%36.1%(370)bps
Reported Operating Margin 2.3%7.0%(460)bps
Reported Diluted Earnings Per Share ("EPS")$(0.10)$0.09n/m
All InCore
3Q'263Q'25Change3Q'263Q'25Change
Organic Net Sales(2) $994$1,013(1.9)%$913$924(1.1)%
Adj. Gross Margin 36.3%39.9%(370)bps37.9%39.4%(140)bps
Adj. Operating Margin13.1%16.6%(360)bps14.3%16.5%(210)bps
Adj. Diluted EPS$0.60$0.80(25.0)%$0.61$0.67(9.0)%
* Absolute amounts in millions. Data may not add due to rounding. Percentages are based on actuals.
(1) As previously announced, the Company now reports results on both an All In and Core Perrigo basis. All In results reflect the entirety of our business, while Core represents our go-forward business and excludes Infant Formula and previously announced divestitures.
(2) See attached Appendix for details. Change in net sales on an organic basis excludes the effects of acquisitions, divestitures and exited products, and the impact of currency.
Net Sales
•Core net sales were $908 million, declining 1.7% year-over-year, while Core organic net sales decreased 1.1%. Results reflected lower consumption in our Self Care segment, which led to more measured retailer inventory positioning ahead of the cough and cold season within the Upper Respiratory and Pain & Sleep categories. Performance was also impacted by lower contract manufacturing volumes. Partially offsetting those factors were continued share gains across U.S. Store Brand OTC and key European brands, supported by innovation and enhanced consumer marketing initiatives. Pricing decreased 0.4% and volume/mix decreased 0.7%.
•All In reported net sales declined 5.2% year-over-year to $989 million. All In results were primarily driven by the same factors as Core net sales in addition to the year-over-year impact of divestitures and lower Infant Formula net sales.
Gross Margin
•Reported All In gross margin was 32.4%, a decrease of 370 basis points.
•Core adjusted gross margin decreased 140 basis points to 37.9% driven by lower net sales volumes and unfavorable mix. These headwinds were partially offset by the net recognition of a recovery of a portion of previously paid tariffs and continued market share gains.
•All In adjusted gross margin decreased 370 basis points to 36.3%, driven by the same factors impacting Core adjusted gross margin in addition to the impact of divestitures and lower Infant Formula gross margin, which included the impact of planned under absorption.
Operating Margin
•Reported operating margin was 2.3%, a decrease of 460 basis points.
•Core adjusted operating margin decreased 210 basis points to 14.3% due to unfavorable gross profit flow through and higher operating expenses, primarily driven by increased advertising and promotional investments and the norma
Aug 5, 2026 · 100% conf.
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May 6, 2026 · 100% conf.
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2 cy26q1ex991pressrelease.htm
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Perrigo Reports First Quarter 2026 Financial Results From Continuing Operations
•Mitigating category headwinds with market share gains through implementation of Three‑S plan.
•Specialty Care segment achieved net sales and segment operating income growth, led by continued momentum in Compeed®, Opill®, and ellaOne® brands.
•Completed divestiture of Dermacosmetics business after quarter end; upfront proceeds of approximately €306 million will support debt reduction.
•Maintained full‑year 2026 outlook with continued expectation for second half improvement.
DUBLIN, May 6, 2026 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO) ("Perrigo" or the "Company"), a leading provider of Consumer Self-Care Products, today announced financial results from continuing operations for the first quarter ended March 28, 2026.
"Our first quarter results reflect tangible progress as we continue to transform Perrigo into a more focused, disciplined, and consistent business," said President and CEO Patrick Lockwood-Taylor. "Despite a challenging operating environment, we are advancing a clear plan to address the factors within our control. Our Three‑S plan and shift to a category‑led operating model are strengthening execution and accountability, and the momentum we are seeing in areas such as U.S. Store Brand and Women’s Health are encouraging. We also continue to simplify and streamline the organization through disciplined portfolio actions, including the sale of our Dermacosmetics business, with proceeds expected to be used to support debt reduction.
“We are maintaining our full‑year guidance, supported by clear, quantifiable factors expected to drive improvement in the second half of the year. We recognize that the environment is dynamic, and we are monitoring potential impacts related to geopolitical developments in the Middle East and retailer inventory destocking. Against this backdrop, we are well-positioned to deliver on our 2026 outlook while building a foundation for long-term growth.”
1
First Quarter Results
As announced last quarter, the Company now reports results on both an All In and Core Perrigo basis. All In results reflect the entirety of our business, while Core represents our go-forward business and excludes Infant Formula and previously announced divestitures.
All In Core
1Q'261Q'25Change 1Q'261Q'25Change
Reported Net Sales $969$1,044(7.2)%$842$918(8.3)%
Reported Gross Margin 33.6%37.6%(400)bps
Reported Operating Margin (38.4)%4.5%n/m
Reported Diluted Earnings Per Share ("EPS")$(2.81)$0.00n/m
All InCore
1Q'261Q'25Change1Q'261Q'25Change
Organic Net Sales(1) $939$1,042(9.9)%$817$918(11.0)%
Adj. Gross Margin 37.6%41.0%(340)bps39.2%40.8%(160)bps
Adj. Operating Margin11.6%14.0%(240)bps12.8%13.9%(110)bps
Adj. Diluted EPS$0.43$0.60(28.3)%$0.40$0.50(20.0)%
(1) See attached Appendix for details. Change in net sales on an organic basis excludes the effects of acquisitions, divestitures and exited products, and the impact of currency.
(2) Share gains according to Circana 13-weeks ending 03/29/26 vs. prior year period in the categories where Perrigo participates in cough cold, allergy, digestive health, pain, nicotine replacement, skin care, and women’s health.
(3) All tables and data may not add due to rounding. Percentages are based on actuals.
Net Sales
•Core net sales were $842 million, declining 8.3% year over year, while Core organic net sales decreased 11.0%. Core organic results primarily reflect lower consumption across both the U.S. and Europe. Reduced consumption was driven in part by lower seasonal incidence of cough and cold versus the prior year, which was an approximately 3.5% net sales headwind, and also led to lower retailer inventory levels, creating an additional net sales headwind of approximately 3.0%. These factors were partially offset by continued market share gains, supported by innovation launches and performance of Women’s Health products. Core organic net sales comprised net pricing of 0.2% and volume/mix of -11.0%.
•All In reported net sales declined 7.2% year over year to $969 million. The decrease was driven by the same factors impacting Core net sales, partially offset by Infant Formula net sales growth.
Gross Margin
•Reported gross margin was 33.6%, a decrease of 400 basis points versus the prior year due to the impact of prior-year manufacturing volume headwinds in Infant Formula and U.S. OTC, and lower net sales volumes, primarily within our Self Care reporting segment, partially offset by the net recognition of a recovery of a portion of previously paid tariffs of approximately $21 million.
•Core adjusted gross margin decreased 160 basis points to 39.2% driven by lower net sales volumes, the carryover impact of prior-year manufacturing volume headwinds in U.S. OTC, and unfavorable mix. These factors were partially offset by the net recognition of a recovery of a portion of previously paid
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