Core Insights - Perrigo Company plc announced the retirement of Ron Janish, EVP Global Operations and Supply Chain, effective September 30, 2025, after over two decades with the company [1][2] - Matt Winterman has been appointed as the new EVP Product Supply, Operations Strategy and Transformation Officer, effective June 23, 2025, bringing over 20 years of experience in global supply chain and strategy [1][3] Group 1: Leadership Transition - Ron Janish played a crucial role in aligning Perrigo's supply chain with its transformation into a consumer self-care leader and led the Supply Chain Reinvention program, which improved forecast accuracy and reduced portfolio complexity [2] - Matt Winterman previously served as SVP of Global Supply Chain and Strategy at AstraZeneca, overseeing a $54 billion supply chain, and has held significant roles at Roche and GSK [3] Group 2: Strategic Importance - The leadership transition is expected to enhance Perrigo's manufacturing and supply chain capabilities, supporting the execution of its long-term consumer self-care strategy [4] - Winterman expressed his commitment to driving initiatives that ensure the supply chain operates at high standards, delivering self-care solutions reliably to consumers [4] Group 3: Company Overview - Perrigo is a leading self-care company with over a century of experience, primarily serving consumers in North America and Europe [5] - The company offers a range of over-the-counter self-care solutions, ensuring accessibility and choice across various product categories [5][6]

Financial Performance - In H1'24, GigaCloud Technology's revenue reached $561.9 million, representing a 100% year-over-year growth[11] - Gross profit for H1'24 was $143.0 million, with a gross margin of 25.4%[11] - Adjusted EBITDA for H1'24 was $77.2 million, resulting in a margin of 13.7%[11] - Net income for H1'24 amounted to $54.2 million, yielding a margin of 9.6%[11] - In Q2'24, revenue grew to $310.9 million, a 103.1% increase year-over-year[11] - Adjusted EBITDA for Q2'24 was $42.7 million, with a margin of 13.7%[11] - Net income for Q2'24 was $27.0 million, resulting in a margin of 8.7%[11] Marketplace Growth - GigaCloud Marketplace GMV reached $1.1 billion LTM ended June 30, 2024[11] - GigaCloud Marketplace GMV grew by 80.7% from Q2'23 to Q2'24[11] - 3P Seller GigaCloud Marketplace GMV reached $571.9 million LTM ended June 30, 2024[11] - 3P Seller GigaCloud Marketplace GMV Growth was 76.1% from Q2'23 to Q2'24[11] - The number of active sellers increased by 39.8% year-over-year[11] - The number of active buyers increased by 66.8% year-over-year[11] - Active buyer spend was approximately $151.3k LTM ended June 30, 2024[11]

Financial Performance - GigaCloud's Q3 2024 revenue reached $303.3 million, a 70.2% year-over-year increase compared to Q3 2023[12, 48] - Gross profit for Q3 2024 was $77.3 million, representing a 58.1% year-over-year growth[12, 50] - Adjusted EBITDA for Q3 2024 was $48.8 million, with a margin of 16.1%[12, 51] - Net income for Q3 2024 was $40.7 million, a 68.2% increase year-over-year[12] - Cash, restricted cash, and investments totaled $260.5 million, a 41.4% year-over-year increase[12] Marketplace Growth - GigaCloud Marketplace GMV (Gross Merchandise Volume) reached $1.2 billion for the last twelve months (LTM) ended September 30, 2024, an 80.2% increase compared to the same period last year[13] - 3P (Third-Party) Seller GigaCloud Marketplace GMV was $635.5 million for the LTM ended September 30, 2024, a 72.0% increase year-over-year[13] User Base Expansion - The number of active sellers reached 1,051 for the LTM ended September 30, 2024, a 41.8% year-over-year increase[13, 20] - The number of active buyers reached 8,535 for the LTM ended September 30, 2024, an 85.5% year-over-year increase[13, 27] - Active buyer spend is approximately $145,000 for the LTM ended September 30, 2024[13, 27]