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Perrigo Announces Leadership Change Amid Strategic Update

Story Highlights
  • Perrigo announced the mutual separation with Catherine Schmelter due to position elimination.
  • Perrigo’s strategic update aims to enhance agility and drive sustainable growth with no impact on 2025 guidance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perrigo Announces Leadership Change Amid Strategic Update

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Perrigo Company ( (PRGO) ) has provided an update.

On June 25, 2025, Perrigo Company announced the mutual separation with Catherine ‘Triona’ Schmelter, EVP & President, Consumer Self-Care Americas, due to the elimination of her position effective June 30, 2025. This change is part of Perrigo’s strategic organizational update to scale and optimize its global category-led, market activation growth model, aimed at enhancing agility and driving long-term sustainable growth. Roberto Khoury has been appointed to a new position to lead global market activation, aligning with Perrigo’s multi-year plan to stabilize, streamline, and strengthen its operations. The alignment reflects operational readiness and is expected to unlock the full potential of Perrigo’s portfolio, with no impact on the company’s financial guidance for 2025.

The most recent analyst rating on (PRGO) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on Perrigo Company stock, see the PRGO Stock Forecast page.

Spark’s Take on PRGO Stock

According to Spark, TipRanks’ AI Analyst, PRGO is a Neutral.

Perrigo’s overall stock score reflects significant financial challenges, with declining sales and persistent losses weighing heavily. However, the company is making strategic efforts to improve profitability and operational efficiencies, as evidenced by recent earnings call highlights. Technical analysis suggests neutral stock movement, while valuation metrics call for caution due to negative earnings. The dividend yield offers some investor appeal, but risks remain due to macroeconomic uncertainties and cost pressures.

To see Spark’s full report on PRGO stock, click here.

More about Perrigo Company

Perrigo Company plc is a leading self-care company with over a century of experience, primarily operating in North America and Europe. It specializes in over-the-counter self-care products, offering a range of trusted solutions without the need for a prescription. Perrigo’s business model leverages cash-generative store brand private label offerings to fuel investments in leading brands such as Opill, Mederma, Compeed, EllaOne, and Jungle Formula.

Average Trading Volume: 1,337,267

Technical Sentiment Signal: Sell

Current Market Cap: $3.65B

See more insights into PRGO stock on TipRanks’ Stock Analysis page.

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