-+ 0.00%
-+ 0.00%
-+ 0.00%
Perrigo Swings to Q3 Net Loss of $27.5 Million
Share
Listen to the news
Perrigo Swings to Q3 Net Loss of $27.5 Million
  • Perrigo swung to a third-quarter loss from continuing operations of $0.10 per diluted share from a year-earlier profit.
  • Net sales fell 5% year over year to $988.6 million, partly reflecting divestitures and lower Infant Formula sales.
  • The planned Infant Formula divestiture carries consideration of up to $175 million, including $40 million in upfront cash.
  • A related impairment loss of $275 million to $375 million is expected in the fourth quarter of 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perrigo Company plc published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611040630PR_NEWS_USPR_____DE88164) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending