Perrigo Q3 adjusted EPS $0.81 (+27% YoY); revenue -3.2%; reaffirms FY outlook

PERRIGO Co plc

2024-Q3 EPS reported -$0.93 revenue$3,235,100,000

Q3 adjusted EPS $0.81 (+26.6% YoY from $0.64); GAAP EPS ($0.13) vs $0.11 prior year.
Net sales $1.1B, -3.2% YoY; organic net sales -2.4% due to lost distribution of lower-margin products.
Adjusted operating margin 16.8% (+340bps YoY) driven by infant formula recovery, Project Energize.
Infant formula net sales +3% YoY, +58% sequentially; store brand non-WIC powder share gains.
Reaffirms FY2024 adjusted EPS outlook $2.50-$2.65; net sales expected towards lower end of prior range.

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.