Perrigo Company PRGO Infant Formula — Restructuring charges and other termination benefits
Other segment segments
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Perrigo Company in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
The source filing: Perrigo Company’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 1:44 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001585364-26-000145
Of the amount recorded during three months ended June 27, 2026, our Self Care and Specialty Care segments reversed charges in the amounts of $0.8 million and $3.8 million, respectively, due primarily to adjustments to employee separation costs related to the Operational Enhancement Program. Of the amount recorded during the six months ended June 27, 2026, our Self Care and Specialty Care segments incurred charges in the amounts of $35.8 million and $8.4 million, respectively, due primarily to employee separation costs related to the Operational Enhancement Program. Of the amount recorded during the three and six months ended June 27, 2026, $14.8 million and $22.5 million, respectively, related to our Infant Formula segment, due primarily to Nutrition Network Optimization. Charges totaling $5.0 million and $18.5 million during the three and six months ended June 27, 2026, respectively, primarily for separation costs associated with the Operational Enhancement Program were corporate costs not allocated to a reporting segment.
ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)
FAQ
- What is Perrigo Company's infant formula — restructuring charges and other termination benefits?
- Perrigo Company (PRGO) reported infant formula — restructuring charges and other termination benefits of $14.8M in Q2 2026.
- What does infant formula — restructuring charges and other termination benefits mean?
- These are costs associated with reorganizing the infant formula segment's operations, including severance, facility closures, and other exit activities. These charges reflect management's efforts to streamline operations and improve long-term cost efficiency. Investors analyze these to distinguish between one-time transformation costs and ongoing operational expenses.
Ask your AI about Perrigo Company's infant formula — restructuring charges and other termination benefits.
Connect your AI assistant and compare segments, right in your chat.
