Perrigo: 3 Key Takeaways for Long-Term Investors

Perrigo announced an agreement to divest its infant formula business to streamline operations and improve margins. The company is capitalizing on e-commerce momentum, with online sales reaching 22% of U.S. volume (up from 13% in 2022). Despite cautious retailer ordering, Perrigo gained market share in store brands and European health products, positioning itself as a more focused consumer self-care company.