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Dec 31, 2022
Perrigo Q4 2022 Earnings Report
Perrigo's Q4 2022 financial results from continuing operations were reported.
Key Takeaways
Perrigo reported a 4.6% increase in net sales to $1.2 billion for Q4 2022, with a reported EPS loss of ($0.09) and adjusted diluted EPS of $0.75, a 25.0% increase compared to the prior year quarter. The company achieved a 38.4% adjusted gross margin, a 350 basis points increase compared to the prior year quarter.
Net sales grew 4.6% to $1.2 billion versus the prior year quarter, or 9.6% on a constant currency basis.
Both the Consumer Self-Care Americas (CSCA) and Consumer Self-Care International (CSCI) segments delivered record quarter net sales, increasing 4.0% and 5.7%, respectively.
Adjusted gross margin of 38.4%, a 350 basis points increase compared to the prior year quarter.
Adjusted diluted EPS was $0.75, an increase of 25.0% compared to the prior year quarter.
Perrigo
Perrigo
Perrigo Revenue by Segment
Revenue by Segment
Consumer Self-Care Americas Revenue
CapyFin.comConsumer Self-Care International Revenue
CapyFin.com Forward Guidance
Management shared the Company's 2023-2025 strategic plan to 'Optimize and Accelerate' performance as well as provide fiscal 2023 guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income