Customer concentration
A small number of large retailers account for a meaningful share of sales, so lost shelf space or weaker terms can hurt revenue.
- Scope
- Walmart and other top customers
- Materiality
- high
PERRIGO Co plc
Perrigo Co plc is a consumer self-care company focused on over-the-counter health and wellness products sold through retail and pharmacy channels. Its portfolio spans store-brand and branded products across North America and Europe, including infant formula, upper respiratory, nutrition, women’s health, oral care, skin care, and other everyday self-care categories.
−18,5 %
35,1 %
−33,5 %
−2,8 %
2.76
1.63
| % | |
|---|---|
| Store-brand self-care | 45% Private-label OTC health products sold through retail and pharmacy customers. |
| Branded consumer health | 25% Consumer health brands sold under Perrigo-owned names in key markets. |
| Infant formula and nutrition | 15% Infant formula and related nutrition products sold in North America and other markets. |
| Women’s health and contraception | 5% Products such as emergency contraception and related women’s health items. |
| Skin care and topical treatments | 5% Products including skin care, wound care, and topical consumer health items. |
| Other self-care categories | 5% Additional OTC and wellness categories such as oral care and upper respiratory. |
Perrigo sells primarily to large retail chains, mass merchants, pharmacies, and other consumer health distributors that...
- Large retail and mass merchant chainsprimary
They buy store-brand OTC products and branded consumer health items to support shelf assortment and value pricing.
- Pharmacy and drugstore channelsprimary
They purchase OTC remedies and wellness products for prescription-adjacent and self-care aisles.
- Consumer health distributorssecondary
They source branded and private-label products for regional or specialty retail distribution.
- End consumersprimary
They buy Perrigo-branded and store-brand products for everyday self-care needs and affordability.
Perrigo’s business is concentrated in North America and Europe, with those regions forming the core of its consumer...
- •North America is a core market for store-brand OTC products
- •Europe is a major branded self-care market for Perrigo
- •Regional product mixes differ by regulation and consumer habits
- •Manufacturing and sourcing are spread across multiple countries
- •Supply chain reliability matters because products are sold in many markets
Perrigo’s strategy centers on consumer-led innovation, stronger branded and store-brand demand generation, and a more...
01
Consumer-led innovation and line extensionsshort-term
Keeps the portfolio relevant and supports shelf space with retail customers.
02
Portfolio focus on core self-care brandsmedium-term
Concentrates resources on categories with stronger strategic fit and scale.
03
Supply chain and operating model efficiencymedium-term
A more efficient network supports service levels, cost control, and resilience.
04
Infant formula footprint optimizationshort-term
Manufacturing and quality improvements are intended to support this business line.
Perrigo faces the usual consumer health risks of competition, regulation, product quality, and raw-material volatility,...
Supply chain disruption
Global sourcing and manufacturing create exposure to plant outages, logistics issues, labor shortages, and geopolitical events.
- Scope
- Manufacturing and distribution network
- Materiality
- high
Regulatory and product quality risk
OTC and infant formula products operate in regulated categories where compliance or safety issues can stop shipments or damage trust.
- Scope
- Self-care and infant formula portfolios
- Materiality
- high
Goodwill impairment
The company has large goodwill balances and uses impairment testing that can produce non-cash charges when expectations change.
- Scope
- CSCA and CSCI reporting units
- Materiality
- high
Raw material and input cost volatility
Ingredient and packaging costs can move quickly and are difficult to fully pass through in retail channels.
- Scope
- OTC formulations and packaging
- Materiality
- medium
Goodwill impairment
CSCA and CSCI goodwill balances and earnings
Held-for-sale classification
Asset presentation and disposal gains/losses
Inventory and reserves
Gross margin and working capital
Revenue recognition and customer allowances
Quarterly sales comparability
: 29.4.2026