Sarah Morin's questions to Perrigo Company PLC (PRGO) leadership • Q1 2025
Question
Sarah Morin, on behalf of Korinne Wolfmeyer, questioned the timing and scope of planned price increases to offset tariffs and asked for an update on the progress of brand divestitures mentioned at the Investor Day.
Answer
CEO Patrick Lockwood-Taylor stated that the company is working with retailers on oral care pricing actions, which will include a mix of in-sourcing and price adjustments expected to occur in the next three months. CFO Eduardo Bezerra added that while work on potential divestitures continues, there has been a slight pause on some U.S. market actions due to the macro environment, with a continued focus on the international portfolio.