Tupperware news and press releases
Company announcements, direct sales updates and archived press coverage for Tupperware.
Tupperware news archive
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...
Tupperware Completes Sale of Nutrimetics Beauty Business to New Image Group
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...
Tupperware Agrees to Sell Nutrimetics Beauty Business
Tupperware Brands said it entered a definitive agreement to sell its Nutrimetics beauty business, which operates in Australia, New Zealand, and France. Terms and the anticipated closing date were not disclosed. The company said the sale advances its turnaround plan of divesting non-core assets...
Tupperware Names Mariela Matute Chief Financial Officer
Tupperware Brands said it appointed Mariela Matute as chief financial officer effective May 24, 2022. Matute joined from Calavo Growers, where she served as chief financial officer and helped drive a turnaround at the fresh-foods company. The company said Matute has more than 20 years of finance...
Tupperware First Quarter Sales Fall 16 Percent and Withdraws 2022 Guidance
Tupperware Brands said first-quarter 2022 net sales from continuing operations were 348.1 million dollars, down 16 percent year over year, or 14 percent in constant currency. Income from continuing operations was 2.5 million dollars, or 5 cents per diluted share. Adjusted diluted earnings per share...
Tupperware Fourth Quarter Continuing Sales Fall 12 Percent to 394.9 Million
Tupperware Brands said fourth-quarter 2021 net sales were 394.9 million dollars, down 12 percent, or 10 percent in constant currency. Income from continuing operations was 19.4 million dollars, or 37 cents per diluted share, with adjusted diluted earnings of 38 cents. Adjusted EBITDA from...
Tupperware Third Quarter Continuing Sales Fall 11 Percent to 376.9 Million
Tupperware Brands reported third quarter results from continuing operations after moving certain beauty brands into discontinued operations because they are being sold. Continuing net sales were 376.9 million dollars, down 11 percent, or 13 percent in constant currency. Income from continuing...
Tupperware Elects Pamela Jones Harbour to Its Board
Tupperware Brands elected Pamela Jones Harbour to its board, effective November 1, 2021. Harbour is a former commissioner of the Federal Trade Commission, where she served seven years, and a former deputy attorney general in the New York attorney generals office. She later practiced in antitrust...
Tupperware Agrees to Sell House of Fuller Beauty Business in Mexico
Tupperware Brands said it signed a definitive agreement to sell the House of Fuller beauty business in Mexico. The company called the deal part of a turnaround plan to shed assets that are not core and to put resources behind the Tupperware brand. President and chief executive Miguel Fernandez said...
Tupperware Second Quarter Sales Rise 17 Percent to 464.7 Million
Tupperware Brands reported second-quarter net sales of 464.7 million dollars for the period ended June 26, 2021, up 17 percent, or 10 percent in local currency. GAAP diluted earnings were 0.67 dollars a share, compared with 1.30 dollars a year earlier, when results included large one-time items....