Tupperware news and press releases.

Company announcements, direct sales updates and archived press coverage associated with Tupperware.

Tupperware news archive

Tupperware Delays Filing of 2022 Form 10-K Citing Tax Restatement Work

Tupperware Brands Corporation filed a Form 12b-25 on March 16, 2023, notifying the SEC that it could not timely file its Annual Report on Form 10-K for the year ended December 31, 2022, and seeking the standard 15-calendar-day extension. The company said it needed more time to complete the report...

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Tupperware Amends Credit Agreement to Loosen Leverage Covenant

Tupperware Brands entered into a second amendment to its credit agreement that raises the maximum net leverage ratio for the fourth quarter of 2022 to 5.25 times from 4.25 times, followed by 4.25 times in the first quarter of 2023 and 3.75 times thereafter. The amendment shortens the facility's m...

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Tupperware Promotes Hector Lezama to Chief Commercial Officer

Tupperware Brands promoted Hector Lezama to chief commercial officer, giving him oversight of the company's commercial activity worldwide. Lezama joined Tupperware in 2020 as senior vice president of expansion and turnaround markets. The company said the promotion is part of the next chapter of i...

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Tupperware Launches Nationwide at Target Stores and Online

Tupperware Brands began selling its food storage containers in Target stores nationwide and on Target.com, marking the first time in its history that the 76-year-old brand is sold broadly in a retail store. The assortment includes a variety of container sizes and bundles priced from 7.99 dollars ...

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Tupperware Second Quarter Sales Fall 18 Percent to 340.4 Million

Tupperware Brands said second-quarter 2022 net sales were 340.4 million dollars, down 18 percent from a year earlier, or 14 percent in constant currency. Gross profit was 220.7 million dollars with a 64.9 percent margin. Income from continuing operations was 4.5 million dollars, or 9 cents per di...

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