Company: PRGO
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001585364-25-000156
Chunk: 220

Company: PERRIGO Co plc
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 15
Chunk 220
---
691.4 — 2,078.3 Gross profit562.6 594.2 — 1,156.8 Gross margin 28.9 %46.2 %— %35.8 %Operating expensesDistribution41.4 33.3 — 74.7 Research and development45.7 38.7 — 84.4 Selling159.8 270.0 — 429.8 Administration104.7 114.0 154.7 373.3 Impairment charges— 50.3 — 50.3 Restructuring23.8 48.8 25.5 98.1 Other operating (income) expense, net— (26.0)73.5 47.5 Total operating expenses375.5 529.1 253.6 1,158.1 Operating income (loss)$187.1 $65.1 $(253.6)$(1.3)Operating income (loss) %9.6 %5.1 %NM— %Interest expense, net144.7 Other (income) expense, net(0.5)Loss on extinguishment of debt5.2 Income (loss) from continuing operations before income taxes$(150.7)CSCACSCIUnallocatedTotalNine Months Ended September 28, 2024Capital expenditures$56.5 $24.1 $— $80.6 Depreciation/amortization$103.4 $142.2 $— $245.6 (1) Amounts may not add or recalculate due to rounding. Percentages are based on actuals.

38

Perrigo Company plc - Item 2Executive Overview

ITEM 2.        MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 

The following Management’s Discussion and Analysis ("MD&A") is intended to provide readers with an understanding of our financial condition, results of operations, and cash flows by focusing on changes in certain key measures from year to year. This MD&A is provided as a supplement to, and should be read in conjunction with our Condensed Consolidated Financial Statements and accompanying Notes found in Item 1 included in this Form 10-Q, and our Form 10-K for the year ended December 31, 202