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Perrigo reports Q2 sales decline but gains market share, completes Dermacosmetics sale, and reaffirms 2026 outlook

Company Fundamentals
05 Aug 2026
PRNewsWire
View Source
Neutral
Perrigo reports Q2 sales decline but gains market share, completes Dermacosmetics sale, and reaffirms 2026 outlook

Perrigo Company reported a 3.2% decline in second-quarter net sales to $1.02 billion, impacted by category softness and macroeconomic challenges, but achieved market share growth in U.S. store-brand OTC and key European brands. The company completed the sale of its Dermacosmetics business and is reviewing its Infant Formula and Oral Care segments as part of its strategic portfolio streamlining. Despite short-term pressures, Perrigo reaffirmed its full-year 2026 outlook, expecting stronger second-half performance supported by operational improvements and market share gains. The company continues to focus on debt reduction, operational efficiency, and long-term shareholder value creation amid an uncertain economic environment.

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