Perrigo Co. (PRGO) has been performing well in a down market, and analysts have been boosting forecasts. Fiscal full-year earnings estimates are up 2% in just the past week. The company announced record fiscal fourth-quarter results in mid-August.

Company Description

Perrigo is the nation's largest manufacturer of store brand over-the-counter (non-prescription) pharmaceutical products and it manufactures store brand nutritional products. Store brand products are sold by national and regional supermarket, drugstore and mass merchandise chains under their own labels and compete with nationally advertised brands. The Company's products include analgesics, cough and cold remedies, antacids, laxatives, feminine hygiene and smoking cessation products, and vitamins, nutritional supplements and nutritional drinks.

Recent Events

The company recently announced that it was dismissed from a patent infringement lawsuit. Earlier Johnson & JohnsonÂ’s (JNJ) McNeil unit tried sue Perrigo.

PRGO also recently acquired drug and nutritional products maker JB Laboratories

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Perrigo Company (PRGO) is the nation’s largest manufacturer of store brand over-the-counter (non-prescription) pharmaceutical products and it manufactures store brand nutritional products. Store brand products are sold by national and regional supermarket, drugstore and mass merchandise chains under their own labels and compete with nationally advertised brands. The Company's products include analgesics, cough and cold remedies, antacids, laxatives, feminine hygiene and smoking cessation products, and vitamins, nutritional supplements and nutritional drinks.

The company recently announced that it acquired drug and nutritional products maker JB Laboratories for about $44 million in cash. PRGO mentioned that the acquisition is expected to add more than $70 million of annual sales.

The company announced record fiscal fourth-quarter results in mid-August. The company’s profit increased by 46% thanks to the hike seen in demand for its consumer health care products.

Record net sales of $500.2 million jumped 34% year-over-year, while net income of $27.5 million climbed from last year’s

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