Perrigo Q2 2020 Earnings Report
Key Takeaways
Perrigo Company plc reported a 6.1% increase in consolidated net sales for the second quarter of 2020, reaching $1.2 billion. Adjusted diluted EPS increased by 19.8% to $1.03. The company reaffirmed its fiscal year 2020 adjusted diluted EPS guidance, despite challenges posed by COVID-19 and the divestiture of the Rosemont business.
Consolidated net sales increased by 6.1% to $1.2 billion.
Adjusted diluted EPS rose by 19.8% to $1.03.
Consumer Self-Care Americas net sales increased by 7.8% to $628 million.
The company reaffirmed its fiscal year 2020 adjusted diluted EPS guidance of $3.95 to $4.15.
Perrigo
Perrigo
Perrigo Revenue by Segment
Forward Guidance
The Company reaffirms its fiscal 2020 outlook with expected net sales growth of 6% to 7% highlighted by organic net sales growth of approximately 3%. Adjusted diluted EPS is expected to be in the range of $3.95 to $4.15.
Revenue & Expenses
Visualization of income flow from segment revenue to net income