Almost all regions saw a decrease in net sales, excluding South America, which the company attributes recruitment efforts and improvements made to onboarding and training for the region’s 6% increase in net sales ($69.6 million).
In its first annual “Brands That Matter” list, Fast Company included Tupperware as an honoree, identifying it as a company that does more than sell products or provide services. Brands included in this list illustrated their relevance through cultural impact, social engagement and authentic communication of their mission and ideals.
Tupperware Enters Agreement to Sell its “House of Fuller” Beauty Business as Part of Turnaround Plan
Tupperware Brands Corporation announced its entry into a definitive agreement regarding the sale of its House of Fuller beauty business in Mexico.
With a focus on sustainability, Tupperware designed the ECO+ To-Go Cup with the goal of addressing waste management issues caused by single-use coffee cups.
Tupperware recently debuted four limited-time products with artwork inspired by the Grand Canyon and Arches, Yosemite, Sequoia and Kings Canyon, Shenandoah, Rocky Mountains, Blue Ridge Parkway and Olympic.
Tupperware’s second quarter of 2021 financial highlights included net sales of $464.7 million and GAAP diluted earnings per share of $0.67. Adjusted diluted earnings per share totaled $0.95. “The double-digit sales growth reflects our initial investments and numerous initiatives to create long-term sustainable growth in our core direct selling business,” said Miguel Fernandez, President and […]
The success of Tupperware Brands Corporation’s “turnaround plan” has allowed for the company’s prepayment of $58 million of its term loan debt from Angelo Gordon and JP Morgan. The company’s financial stability has also led its Board of Directors to authorize share repurchases of up to $250 million of the company’s outstanding shares of common stock. […]
Tupperware Brands Corporation released its financial results for the first quarter of 2021, announcing net sales of $460.3 million, an increase of 22% over last year. The company’s EBITDA increased 551% to $88.6 million, compared to $13.6 million in the first quarter of 2020.
Tupperware launched four new stores in metro cities of India, including Kolkata, Chennai, Hyderabad and Thane. This launch is part of the brand’s aggressive expansion in the country, as Tupperware’s retail presence in India has grown to include 91 stores in 56 cities in less than two years. “Tupperware offers products that are experiential in […]
Tupperware Brands announced a new strategic partnership with Tritan™ Renew from Eastman, a global specialty materials company focused on sustainability and safety. Tupperware’s ECO+ line, which features products made from sustainable materials, will now feature two new products, Lunch-It® Containers and Sandwich Keepers. “At Tupperware, we continuously invest in new research and design for innovative, […]
Tupperware Brands’ nonprofit Tupperware Brands Charitable Foundation announced a collective contribution to support the National Park Service in diverting nearly 10 million single-use plastic bottles from landfills. This effort includes the installation of water bottle refill stations in national parks as well as composting and recycling infrastructure and waste reduction education. This partnership comes as […]
Tupperware Brands released its fourth quarter and full-year results of 2020. Sales were up 17% in Q4 as compared to the same period in 2019. The company’s turnaround cost savings were $72 million for Q4 and $192 million for the full year. “The results reported today show that our efforts to fix the core business […]
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