Perrigo backs FY24 adjusted EPS view $2.50-$2.65, consensus $2.25

Backs FY24 adjusted tax rate view 20.5%. The company said, “The Company is updating its fiscal 2024 organic net sales growth outlook versus the prior year to approximately -3% to -1%, from +1% to +3%, and total net sales growth outlook to -5% to -3% from flat, due primarily to lower seasonal demand experienced in the first half of 2024 and expected lower distribution in U.S. store brand in the second half of 2024.”