Perrigo's Q3 2026 net sales fell 5.2% year-over-year to $989 million, driven by lower Infant Formula sales and divestitures. The company plans to divest its Infant Formula business to simplify its portfolio and focus on higher-return consumer self-care categories, expecting improved margins and reduced capital expenditures. Despite challenges like softer European demand and cautious retailer inventory ahead of the cold season, Perrigo gained market share in U.S. store brand OTC and key European brands. The company updated its full-year outlook to reflect these changes and expects more consistent, profitable growth long-term.
Perrigo's Q3 2026 financial results provide context for readers following consumer staples. As of Nov 04, 2026 17:41 WIB, among 63 priced Consumer Staples-sector US stocks tradable on Pluang, 44 rose and 14 fell today. Notable movers include STZ (Constellation Brands Inc. Common Stock) at USD 141.30 with a 1-day change of +2.29%, BG (Bunge Limited Common Shares) at USD 96.43 with +1.81%, and JBS (JBS N.V. Class A Common Shares) at USD 12.41 with +1.72%, though JBS saw 100% sell order activity. The most notable figure is the 44 stocks that rose today.
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Dimensional Fund Advisors Ltd. filed a Form 8.3 disclosure revealing it holds a 1.27% stake in Prologis Inc as of November 3, 2026. This disclosure is part of regulatory requirements under the Takeover Code for investors holding 1% or more in relevan...
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