Perrigo Company PLC

PRGO is in an early, fragile Stage 1 consolidation after a terminal decline, with price holding above the repaired 9/21 EMA zone. An active Lockout Rally pattern reflects forced participation and creates medium-term bullish asymmetry. Despite the intact long-term downtrend, the medium-term bias is bullish and a Lockout Rally override enforces execution readiness now, justifying a Buy Now continuation participation at the EMA support area.

• ↑Q1 adjusted EPS $0.40 vs $0.32 consensus, +35% on tariff recoveries.
• ↑US OTC store-brand volume share +270 bps in Q1, reflecting 3S plan gains.
• ↓Net sales -8.3% YoY due to weak cough/cold demand and destocking.