Tag: Tupperware

Post image for Betterware de México Announces Agreement to Acquire Tupperware’s Operations in Latin America

Betterware de México Announces Agreement to Acquire Tupperware’s Operations in Latin America

Acquisition will add to BeFra’s portfolio a leading, iconic, and high-quality brand with significant potential to reignite its growth through innovation Guadalajara, Mexico – Betterware de México, S.A.P.I. de C.V. (NYSE: BWMX) (“BeFra” or the “Company”), ...
Read more
Post image for Tupperware Brands Plans To File For Bankruptcy, Bloomberg News Reports

Tupperware Brands Plans To File For Bankruptcy, Bloomberg News Reports

Tupperware Brands is preparing to file for bankruptcy as soon as this week, Bloomberg News reported on Monday, citing people with knowledge of the plans. The company’s shares were down 15.8% at 43 cents after the ...
Read more
Post image for Tupperware Close To Bankruptcy

Tupperware Close To Bankruptcy

According to a Tupperware press release: “Tupperware Brands Takes Action to Improve Capital Structure and Liquidity Position.” Engages Financial Advisors to Support Financing and Liquidity Initiatives Announces Substantial Doubt About Ability to Continue as Going Concern. ...
Read more
Post image for Tupperware Q3 Revenue Down 20% To $302 Million

Tupperware Q3 Revenue Down 20% To $302 Million

Tupperware Brands Corporation (NYSE: TUP), a leading global consumer products company, today reported operating results for the third quarter ended September 24, 2022. Third Quarter 2022 Financial Summary: Net sales were $302.8 million, a decrease of ...
Read more
Post image for Tupperware Names Mariela Matute As New Chief Financial Officer

Tupperware Names Mariela Matute As New Chief Financial Officer

Tupperware Brands Corporation (NYSE: TUP), a leading global consumer products company, announced today that effective May 24, 2022, Mariela Matute will become the new Chief Financial Officer (CFO) of the company. Matute will join Tupperware with ...
Read more
Tupperware Q1 Revenue 2019 Down 10% To $487 Million

Tupperware Q1 Revenue 2019 Down 10% To $487 Million

Tupperware Brands Corporation today announced first quarter 2019 operating results. Tricia Stitzel, President and Chief Executive Officer, commented, “We delivered local currency sales and earnings per share within our expectations in the first quarter.   Our ...
Read more
Tupperware, CEO, Rick Goings

Tupperware Brands Q2 Net Sales Down 7% To $535.4 Million

Orlando, Fla.-based Tupperware Brands recently reported its financial result for the second quarter of 2018. Net sales were $535.4 million, down 7 percent (4% local currency), including a 2-point impact from the 2017 closure of Beauticontrol and the combination ...
Read more
Tupperware Q1 Sales Down 2% To $542 Million

Tupperware Q1 Sales Down 2% To $542 Million

Tupperware Brands Corporation today announced first quarter 2018 operating results. Rick Goings, Chairman and CEO, commented, “Due to our soft result on the top-line, as well as a higher tax rate, adjusted earnings per share in ...
Read more
How Tupperware Is Helping NASA Grow Vegetables In Space

How Tupperware Is Helping NASA Grow Vegetables In Space

On April 2, 2018, the SpaceX Dragon spacecraft will make its 14th resupply to the International Space Station (ISS). Riding on a Falcon 9 rocket, Dragon will take supplies, equipment and scientific research to the crew members aboard the ISS. One ...
Read more
Tupperware, Rick Goings, CEO

Tupperware CEO Rick Goings Steps Down

Tupperware Brands Corporation (NYSE: TUP), executing on its planned succession process, announced today that its Board of Directors elected Patricia (Tricia) A. Stitzel to the position of President & Chief Executive Officer and nominated her for ...
Read more
Tupperware Q4 Sales Down 2% To $588 Million

Tupperware Q4 Sales Down 2% To $588 Million

Rick Goings, Chairman and CEO, commented, “Our local currency sales came in 1-point under our October guidance range. Overall, our top-line did accelerate on a sequential basis after adjusting for calendar shifts, in connection with having ...
Read more
Rick Goings CEO Tupperware

Tupperware Q2 Revenue Up 1% To $572 Million Beauticontrol Will Wind Down

Tupperware Brands Reports Second Quarter 2017 Results; Significant Restructuring Actions to be Taken, Including Wind-down of Beauticontrol. Total sales force of 3.2 million was up 3% versus the prior year. Average active sellers in the second ...
Read more