Tupperware
May 10, 2024
Tupperware Brands Corporation filed a Form 12b-25 on May 10, 2024 stating it would be unable, without unreasonable effort or expense, to file its Form 10-Q for the quarter ended March 30, 2024 by the prescribed due date because it still had not completed its delayed 2023 Form 10-K.
The company said it was executing a strategic turnaround that produced one-time non-operating charges in the first quarter alongside a continuing decline in the underlying business. It also said it continues to have substantial doubt about its ability to continue as a going concern and therefore could not provide a reasonable quantitative estimate of first-quarter results.
Tupperware said it was endeavoring to complete its financial close process and file the 2023 annual report and then the first-quarter 10-Q as promptly as possible, without assuring timing.