secwatch.observer — SEC 8-K summary
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Issuer:     PERRIGO Co plc (PRGO)
CIK:        0001585364
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001585364-26-000044
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perrigo Q1 net sales $969M (-7.2%), adj EPS $0.43 (-28%); reaffirms FY 2026 outlook
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- All In net sales $969M, down 7.2% YoY; reported diluted EPS $(2.81) due to $330.8M goodwill impairment.
- Core adjusted EPS $0.40, down 20% YoY; Core organic net sales -11.0% reflecting lower seasonal cough/cold and retailer destocking.
- After quarter end, completed Dermacosmetics sale for upfront cash of €306M; proceeds to support debt reduction.
- Self Care segment net sales down 11.5%, operating income down 39.3% due to lower volumes and prior-year manufacturing headwinds.
- Full-year 2026 outlook reaffirmed; expects second-half improvement from lapping headwinds and OEP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1585364/000158536426000044/0001585364-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1585364/000158536426000044/prgo-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001585364-26-000044

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