---
schema_version: "secwatch.filing_event.v1"
accession: "0001585364-23-000120"
form_type: "8-K"
ticker: "PRGO"
cik: "0001585364"
company_name: "PERRIGO Co plc"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:58:23.616978+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Perrigo Q2 adjusted EPS $0.63 beats $0.43 prior year; margins expand 220bps; FY outlook reaffirmed

## Summary
- Q2 net sales $1.2B, +6.4% reported; organic growth 0.8% as SKU prioritization (-2.7pp) and weaker allergy season offset pricing.
- Adjusted diluted EPS $0.63 (+46.5% YoY); includes $0.08 discrete tax benefit and $0.05 HRA transition returns headwind.
- Adjusted gross margin 38.7% (+220bps YoY, +120bps QoQ); operating income $57M GAAP vs $(7M) prior year.
- CSCA organic sales -2.7% (SKU cuts -4.1pp, allergy -1.8pp); CSCI organic +7.1% on pricing and HRA.
- FY2023 outlook reaffirmed: organic sales growth 3-6%, adjusted EPS $2.50-$2.70; Opill pre-launch investments included.

## SEC filing metadata
- accession: 0001585364-23-000120
- form_type: 8-K
- ticker: PRGO
- cik: 0001585364
- company_name: PERRIGO Co plc
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1585364/000158536423000120/0001585364-23-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585364/000158536423000120/prgo-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001585364-23-000120
- JSON: https://secwatch.observer/filing/0001585364-23-000120.json
- Plain text: https://secwatch.observer/filing/0001585364-23-000120.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.