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Perrigo Company (PRGO) Reports Record Second Quarter Revenue, Adjusted Earnings and Operating Cash Flow


2/1/2013 6:32:57 AM

ALLEGAN, Mich., Feb. 1, 2013 /PRNewswire/ — Perrigo Company (Nasdaq: PRGO; TASE: PRGO) today announced results for its second quarter ended December 29, 2012.

Perrigo’s Chairman and CEO Joseph C. Papa commented, “The team delivered on another high-quality quarter with all-time record quarterly revenue, as well as record second quarter adjusted earnings and operating cash flow. The Consumer Healthcare segment had another great quarter with strong store brand OTC market share growth. The team is working hard to integrate and expand the reach of our recent acquisition of Sergeant’s Pet Care Products, Inc. (“Sergeant’s”). Retailers are excited about the launch of our new plastic container in the infant formula category, as evidenced by their increased marketing and advertising efforts promoting the store brand value proposition. We continue to deliver on our top priority of providing quality, affordable healthcare products for consumers and customers.”

Note that fiscal second quarter 2012 included an extra week of operations compared to fiscal second quarter 2013.

Read at News Release


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