---
schema_version: "secwatch.filing_event.v1"
accession: "0001585364-24-000005"
form_type: "8-K"
ticker: "PRGO"
cik: "0001585364"
company_name: "PERRIGO Co plc"
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T11:52:00.796663+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001585364-24-000005
- form_type: 8-K
- ticker: PRGO
- cik: 0001585364
- company_name: PERRIGO Co plc
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1585364/000158536424000005/0001585364-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585364/000158536424000005/prgo-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001585364-24-000005
- JSON: https://secwatch.observer/filing/0001585364-24-000005.json
- Plain text: https://secwatch.observer/filing/0001585364-24-000005.txt

## Key facts
- Earnings Releases
  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
  source text: On February 27, 2024, Perrigo Company plc (the “Company”) released earnings for the fourth quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1585364/000158536424000005/0001585364-24-000005-index.htm

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