Company: PRGO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001585364-25-000056
Chunk: 45

Company: PERRIGO Co plc
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 45
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 2025Net sales$620.7 $423.1 $— $1,043.9 Cost of sales420.7 230.9 — 651.6 Gross profit200.1 192.2 — 392.3 Gross margin 32.2 %45.4 %— %37.6 %Operating expensesDistribution13.2 9.6 — 22.8 Research and development15.1 11.6 — 26.7 Selling56.8 89.3 — 146.2 Administration30.9 35.3 46.1 112.2 Impairment charges— 3.1 — 3.1 Restructuring20.1 3.8 5.5 29.4 Other operating (income) expense, net— — 5.0 5.0 Total operating expenses136.1 152.7 56.6 345.4 Operating income (loss)$64.0 $39.6 $(56.6)$46.9 Operating income %10.3 %9.4 %NM4.5 %Interest expense, net39.0 Other (income) expense, net(0.4)Income (loss) from continuing operations before income taxes8.3 CSCACSCIUnallocatedTotalThree Months Ended March 29, 2025Capital expenditures$14.9 $10.6 $— $25.5 Depreciation/amortization$35.3 $44.6 $— $79.9 

34

Perrigo Company plc - Item 1Note 17

CSCACSCIUnallocatedTotalThree Months Ended March 30, 2024Net sales$644.1 $437.9 $— $1,082.1 Cost of sales490.6 233.8 — 724.4 Gross profit153.5 204.2 — 357.7 Gross margin 23.8 %46.6 %— %33.1 %Operating expensesDistribution13.4 11.4 — 24.9 Research and development16.4 12.6 — 29.0 Selling52.1 98.