Asset DivestmentPRGO could unlock cash by selling the infant formula business that is seeing sell-outs stabilize and focus on investing elsewhere, and more cash could be unlocked with the Oral Care business.
Consumer BehaviorPerrigo is expected to benefit from consumers trading down in frequently used categories like soaps, shampoos, and analgesics.
Strategic InitiativesManagement is still progressing on its 'Three S' plan (stabilize, streamline, strengthen) including winning unit share in OTC and net contract wins.