Perrigo Q4 adjusted EPS $0.86 (+14.7%); launches Project Energize

PERRIGO Co plc

2023-FY EPS reported -$0.09 revenue$4,655,600,000

Q4 net sales $1.2B flat YoY; organic net sales -0.6% on SKU cuts and HRA distributor transitions.
Q4 adjusted gross margin expanded 140bps to 39.8%; adjusted diluted EPS $0.86 vs $0.75.
FY2023 net sales $4.7B (+4.6%); adjusted diluted EPS $2.58 vs $2.07 (+24.6%).
Launches Project Energize: three-year program targeting $140M-$170M annual savings by 2026; ~6% role reduction.
FY2024 outlook: organic net sales growth 1-3%, flat total sales; adjusted EPS $2.50-$2.65; infant formula headwinds.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PERRIGO Co plc reported financial results for the fourth quarter ended December 31, 2023.

Period: the fourth quarter ended December 31, 2023
Result: reported results

Exact text from the filing

On February 27, 2024, Perrigo Company plc (the “Company”) released earnings for the fourth quarter ended December 31, 2023.

View on SEC.gov

59 earnings releases filed in the last 30 days. Browse all earnings releases →

PERRIGO Co plc filing history →

Source: SEC EDGAR

accession 0001585364-24-000005

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.