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Perrigo Q1 sales $1.3 billion

Christian Fernsby |
Perrigo announced financial results for the first quarter ended March 28, 2020.

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Topics: PERRIGO   

Consolidated first quarter net sales were $1.3 billion, an increase of 14.2% compared to the prior year quarter.

Excluding exited businesses and the impact of currency, net sales increased 17.6%.

Worldwide Consumer first quarter net sales increased 16.2% compared to the prior year quarter.

Excluding exited businesses and the impact of currency, Worldwide Consumer net sales were 20.7% higher year-over-year.

Consumer Self-Care Americas ("CSCA") achieved record first quarter net sales of $701 million, or growth of 20.4% versus the prior year quarter highlighted by 15.0% organic growth; Consumer Self-Care International ("CSCI") first quarter net sales grew 9.1% versus the prior year quarter highlighted by 8.1% organic growth.

Reported diluted EPS for the first quarter of 2020 was $0.77 per diluted share as compared to EPS of $0.47 in the prior year quarter.

Adjusted diluted EPS for the first quarter of 2020 increased 6.5% to $1.14 as compared to $1.07 per diluted share in the prior year quarter.


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