secwatch.observer — SEC 8-K summary
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Issuer:     PERRIGO Co plc (PRGO)
CIK:        0001585364
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001585364-25-000120
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perrigo Q2 2025 Adj EPS $0.57 beats $0.53; net sales $1.06B down 0.9% YoY
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- Reported EPS $0.00 vs $(0.77); Adj EPS $0.57 up 7.5% YoY on lower interest expense from reduced debt.
- Net sales $1,056M down 0.9% YoY; organic net sales flat (-0.1%); CSCI organic +2.7%, CSCA organic -1.9%.
- Reported operating income $45M vs $(27M) loss; Adj operating income $135M down 2.9% due to infant formula scrap and lower plant absorption.
- Reaffirms FY2025 adj EPS target $2.90-$3.10; topline expected towards lower end of previous ranges.
- Announced agreement to sell Dermacosmetics business, expected close Q1 2026; proceeds to strengthen balance sheet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1585364/000158536425000120/0001585364-25-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1585364/000158536425000120/prgo-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001585364-25-000120

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