Perrigo Co PLC

PRGO: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Perrigo Earnings: Guidance Cut and Infant Formula Review Weigh on Shares

Keonhee Kim , Rashmi Nair

Nov 5, 2025

Perrigo reported third-quarter net sales down 4.1% year over year, driven by weak organic sales growth and the impact of divestitures and exited product line. Shares declined over 20% as management lowered its full-year outlook and announced a strategic review of the infant formula business.

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Perrigo Co PLC

Perrigo Earnings: Guidance Cut and Infant Formula Review Weigh on Shares

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