Perrigo Feels Chill From Q3 Results Due To ‘Unfulfilled’ Demand On Supply Chain Disruptions

“Unfulfilled orders' from retailers and other product distributors due to supply chain disruptions slowed revenues, net income and earnings per share during the quarter and prompted lower full-year guidance while also leaving analysts with doubts.

• Source: Alamy

Perrigo Company PLC used a term nine times reporting the results for its latest quarter that it hopes won’t, but that analysts suspect may become a single-word description of its plans to drive sales growth focused exclusively on consumer health products.

“Unfulfilled” demand from retailers and other product distributors that are Perrigo’s customers due to supply chain disruptions slowed revenues, net income and earnings per share during the third quarter and prompted lower guidance for the rest of 2021,

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