GUADALAJARA, Mexico -- June 2, 2026 Betterware de Mexico said it has completed its acquisition of Tupperware's Latin American operating assets, primarily in Mexico and Brazil, together with a perpetual, royalty-free exclusive license to the Tupperware brand in Latin America. Total consideration w...
ORLANDO, Fla., April 7, 2023 -- Tupperware Brands Corporation said there is substantial doubt about its ability to continue as a going concern and that it had engaged financial advisors to help improve its capital structure and liquidity. The company said a Credit Facility covenant violation was ...
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...
ORLANDO, Fla., March 1, 2023 -- Tupperware Brands Corporation reported preliminary fourth-quarter 2022 net sales of 313.7 million dollars, down 20 percent year over year, or 14 percent in constant currency. Loss from continuing operations was 35.2 million dollars, or 0.79 dollars per diluted shar...
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...
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...
Tupperware Brands reported third-quarter 2022 net sales of 302.8 million dollars, down 20 percent from 376.9 million dollars a year earlier and down 14 percent in constant currency. The company posted a loss from continuing operations of 3.8 million dollars, or 0.09 dollars per diluted share, com...
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 ...
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...
New Image Group said it completed the acquisition of Tupperware Brands' Nutrimetics operations in Australia, New Zealand, and France, including related manufacturing, with an effective closing date of July 1, 2022. The purchase price was not disclosed. Tupperware had announced a definitive agreem...