--- title: "PERRIGO Co plc 2026: Revenue $1.02B, EPS $0.53— 10-Q Summary" type: "News" locale: "en" url: "https://longbridge.com/en/news/294998560.md" description: "Perrigo Co plc reported Q2 2026 results with net sales of $1.02B, a 3.2% YoY decline, and diluted EPS of $0.53, marking a swing to positive net income of $74.5M from a loss in the prior year. Revenue was impacted by soft consumption and lower inventory, though store-brand strength and brand momentum for Opill® and Compeed® provided support. The company completed workforce reductions and operational enhancements while reviewing its infant formula business." datetime: "2026-08-05T17:51:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294998560.md) - [en](https://longbridge.com/en/news/294998560.md) - [zh-HK](https://longbridge.com/zh-HK/news/294998560.md) generator: "portal-rs" --- # PERRIGO Co plc 2026: Revenue $1.02B, EPS $0.53— 10-Q Summary PERRIGO Co plc reported results for the 2026 quarter with net sales of $1.02B and diluted earnings per share of $0.53, marking a revenue decline versus the prior year and a swing to positive net income of $74.5M — 10-Q Summary. **Financial Highlights** Metric Current quarter Prior year quarter YoY change Revenue¹ $1.02B $1.06B (3.2%) Net income² $74.5M ($8.4M) 986.9% Diluted EPS³ $0.53 ($0.06) 983.3% *¹ Reported as “Net sales”. ² Reported as “Net income (loss)”. ³ Reported as “Diluted earnings (loss) per share”.* **Business Highlights** - Revenue trend: Net sales declined roughly 3–5% year-to-date, driven by soft consumption and lower retailer inventory levels, primarily in Self Care. - Channel & mix: Continued store-brand strength offset by lower seasonal cough/cold demand and the Dermacosmetics divestiture, which reduced sales mix. - Brand momentum: Opill®, ellaOne® and Compeed® gained share; Infant Formula experienced contract shipment growth despite prior production challenges. - Operations: Completed Supply Chain Reinvention and Project Energize targets and launched an Operational Enhancement program to reduce costs and cut roughly 7% of the workforce. - Quality & regulatory: Completed infant formula plant resets, strengthened quality assurance protocols after FDA interactions, and initiated a strategic review of the infant formula business. Original SEC Filing: PERRIGO Co plc \[ PRGO \] - 10-Q - Aug. 05, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [PRGO.US](https://longbridge.com/en/quote/PRGO.US.md) ## Related News & Research - [Perrigo’s Q2 Return To Profit Amid Lower Sales Might Change The Case For Investing In PRGO](https://longbridge.com/en/news/296008507.md) - ['Crazy overvalued': Scott Galloway says SpaceX is a '$10 to $30 stock'](https://longbridge.com/en/news/296229565.md) - [Bio-Techne declares Q3 2026 distribution of R$ 0.01 per unit, payable Sept. 10](https://longbridge.com/en/news/296357843.md) - [Cummins announces Q3 2026 dividend of R$ 0.14 per unit, payable Sept. 10](https://longbridge.com/en/news/296400000.md) - [07:10 ETPort of Subs® Launches New Chicken Cordon Bleu, Seasonal Menu and Back-to-School Rewards](https://longbridge.com/en/news/296096041.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**