Perrigo Co PLC
PRGO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^?> | LOCK|cJ | LOCK|sGB^>W |
Perrigo Earnings: Soft Market Conditions Are a Drag on Top-Line Growth, but Long-Term Outlook Solid
Perrigo reported second-quarter net sales of $1.06 billion, with headwinds from divestitures and a modest organic decline countered by favorable currency translation. Management reaffirmed its full-year guidance, but now expects sales growth to track toward the lower end of the range.
