Perrigo (PRGO) Reliance on International Sales: What Investors Need to Know

Core Insights - The performance of Perrigo's international operations is critical for understanding its financial resilience and growth potential [1][2][3] Revenue Performance - Perrigo's total revenue for the quarter was $1.04 billion, reflecting a year-over-year decline of 3.5% [4] - Revenue from "All other countries" was $22.3 million, accounting for 2.14% of total revenue, which was a significant surprise of -39.23% compared to the expected $36.7 million [5] - Europe contributed $412.3 million, representing 39.50% of total revenue, exceeding the consensus estimate of $378.66 million by +8.89% [6] Future Revenue Expectations - Analysts anticipate Perrigo will report total revenue of $1.08 billion for the current fiscal quarter, indicating a 1.5% increase year-over-year [7] - For the full year, total revenue is expected to reach $4.43 billion, up 1.3% from the previous year, with contributions from "All other countries" and Europe projected at 3.4% ($148.49 million) and 34.5% ($1.53 billion), respectively [8] Strategic Considerations - The reliance on global markets for revenue presents both opportunities and challenges for Perrigo, making the analysis of international revenue trends essential for forecasting future performance [9][10]