Perrigo is one of the largest consumer health companies in the world. Since 2018, Perrigo divested its animal health and generic pharmaceuticals businesses to solely focus on consumer self-care. In North America (two thirds of total sales), the firm’s product mix is anchored in private-label consumer health goods, which are sold to major retailers like Walmart, Amazon, Costco, and CVS. Perrigo also plays in Europe, Australia, and parts of Asia where it primarily generates revenue through its national brands, including Compeed, Solpadeine, Coldrex, and ellaOne.

Perrigo, founded in 1887, is a leading manufacturer of generic over-the-counter healthcare products and supplier of infant formulas for the store-brand market. Perrigo's private-label consumer products encompass a variety of cold/allergy, gastrointestinal, first aid, motion sickness, vitamin, smoking cessation, and other remedies. The company has a market cap of approximately $4 billion after divesting its RX pharmaceutical business in 2021. Headquartered in Dublin, Ireland, Perrigo has over 9,000 employees.

Stocks rose on Thursday as investors digested new data. Initial jobless claims were 221,000 for the week ending March 30, up from last week's revised 212,000 and above expectations. Ongoing unemployment declined to 1,791,000 from the previous week's revised 1,810,000. The U.S. trade deficit was $68.9 billion in February, an increase of 1.9% from January. Exports of goods increased $5.0 billion, led by aircraft (+$1.4 billion) and crude oil (+$1.1 billion), while exports of passenger vehicles declined $0.9 billion. Imports of goods rose $4.7 billion, led by cell phones and household goods (+1.4 billion) foods, feeds and beverages ($1.3 billion), and automobiles and parts (+1.1 billion). The Dow was up 0.4%, the S&P 500 rose 0.7% and the Nasdaq gained 0.9%. Crude oil traded above $85 per barrel, while gold traded near $2313 per ounce.

Stocks rose on Thursday as investors digested new data. Initial jobless claims were 221,000 for the week ending March 30, up from last week's revised 212,000 and above expectations. Ongoing unemployment declined to 1,791,000 from the previous week's revised 1,810,000. The U.S. trade deficit was $68.9 billion in February, an increase of 1.9% from January. Exports of goods increased $5.0 billion, led by aircraft (+$1.4 billion) and crude oil (+$1.1 billion), while exports of passenger vehicles declined $0.9 billion. Imports of goods rose $4.7 billion, led by cell phones and household goods (+1.4 billion) foods, feeds and beverages ($1.3 billion), and automobiles and parts (+1.1 billion). The Dow was up 0.4%, the S&P 500 rose 0.7% and the Nasdaq gained 0.9%. Crude oil traded above $85 per barrel, while gold traded near $2313 per ounce.