Cough And Cold Symptoms, Some Coming From Omicron, Sound Like Seasonal Rebound To Perrigo

Consumer Health Product Firm Notes Potential Sales Impact From Russia’s Invasion Of Ukraine

Sales growth generated in October-December period and growing incidences of flu and cough/cold symptoms are harbingers for Perrigo in 2022. Sales during January and February in Russia and Ukraine tracked with $10m to $15m operating income firm anticipates there for 2022, “but it's really too early to estimate the potential full-year impact,” CEO Murray Kessler says.

• Source: Alamy

Every cough, sniffle or sneeze by consumers doesn’t directly link to sales of Perrigo Company PLC’s cough/cold lines, but the OTC private label/store brand giant makes clear that the return of more normal seasonal viruses is a key sales driver.

And the recent recall of a leading national infant formula brand correlates to higher sales of Perrigo’s formula products, which...

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