Ticker archive · $PRGO

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$PRGO

$PRGO – Perrigo to Divest Infant Formula Business for Up to $175M; Faces Impairment

PERRIGO Co plc

2026-10-29 00:00:00 UTC · SEC_8K · All $PRGO

?? Negative AI Sentiment (-2.0 / 10)

Divesting infant formula business for up to $175M ($40M upfront cash, $135M contingent milestones).
Unit generated $380M net sales and $8M adjusted operating income in TTM.
Perrigo expects a Q4 2026 pre-tax impairment charge of $275M to $375M.

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