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Perrigo Delivering Opill Sales Within A Month, Launches ‘Energize’ Efficiency Project Immediately

 
• By Malcolm Spicer

Perrigo says 2024 results will be slowed by investment in companywide efficiency project including staff reductions. After Opill’s expected launch by late March, sales will be dilutive to earnings for the first year partly due to investments in the brand, primarily at retailers and online in Q2.

• Source: Shutterstock

Perrigo Company PLC doesn’t downplay the likely boost to its revenues from the pending launch of Opill as the first oral contraceptive available OTC in the US, but the consumer health products giant also isn’t underestimating challenges to its growth.

Perrigo says its 2024 results will be slowed by investment in a companywide overhaul including staff

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• By Malcolm Spicer

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C&D Divesting Flawless, Spinbrush Lines, Says Gummy Vitamin Brands Might Not Stick

 
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C&D reports Q1 net sales dropped 2.4% to $1.48bn, below its guidance for around 1% growth. Its brands’ sales at retail and market share grew in the quarter, but “experienced slowing category growth in the US market” as retailers reduced inventory levels.

Herbalife Expects No ‘Material’ Impact From China Tariff, Recent Deals To Bring ‘New Era’ Of Growth

 
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