---
schema_version: "secwatch.filing_event.v1"
accession: "0001585364-25-000054"
form_type: "8-K"
ticker: "PRGO"
cik: "0001585364"
company_name: "PERRIGO Co plc"
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T08:07:06.163637+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Perrigo Reports Q1 2025 Adjusted EPS Up 106.9% to $0.60, Net Sales $1.04B Down 3.5%

## Summary
- Net sales of $1.04B declined 3.5% due to divestitures and currency; organic net sales down 0.4%.
- Adjusted EPS rose 106.9% to $0.60 from $0.29, driven by infant formula recovery and Project Energize savings.
- Adjusted gross margin expanded 440 bps to 41.0%; adjusted operating margin up 550 bps to 14.0%.
- Company widens 2025 net sales growth outlook to 0%-3% from 1%-3% due to tariff uncertainty; reaffirms adjusted EPS target.
- Project Energize achieved $159M gross savings with $20M reinvestment since 2024; incurred $111M restructuring charges.

## SEC filing metadata
- accession: 0001585364-25-000054
- form_type: 8-K
- ticker: PRGO
- cik: 0001585364
- company_name: PERRIGO Co plc
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1585364/000158536425000054/0001585364-25-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585364/000158536425000054/prgo-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001585364-25-000054
- JSON: https://secwatch.observer/filing/0001585364-25-000054.json
- Plain text: https://secwatch.observer/filing/0001585364-25-000054.txt

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