Tupperware Brands Stock News

Tupperware Brands Corp (TUP) CEO Miguel Fernandez on Q4 2021 Results - Earnings Call Transcript

Tupperware Brands Corp. shares sank 3% in Wednesday premarket trading after the food storage company reported fourth quarter earnings that missed expectations. Net income totaled $23.8 million, or 45 cents per share, up from $21.8 million, or 41 cents per share, last year. Adjusted EPS of 38 cents missed the FactSet consensus for 52 cents. Sales of $394.9 million were down from $448.3 million but ahead of the FactSet consensus for $360.6 million. Tupperware experienced COVID-related supply chain disruptions, particularly in Asia Pacific and Europe, but also recognized $25 million in revenue that would''ve been recorded in previous quarters. During the quarter, the company entered into a new $880 million secured credit facility after a refinancing, which includes a five-year, $480 million revolving credit facility, and a five-year, $400 million term loan. The new facility can be repaid at any time. Also during the quarter, Tupperware completed the sale of the Avroy Shlain business and entered into a definitive agreement to sell its House of Fuller Mexico business.

Tupperware Brands Corp. undefined shares sank 3% in Wednesday premarket trading after the food storage company reported fourth quarter earnings that missed

Tupperware press release (TUP): Q4 Non-GAAP EPS of $0.38 misses by $0.16.Revenue of $394.9M (-11.9% Y/Y) beats by $9.93M.For FY2022, the company expects diluted adjusted earnings

ORLANDO, Fla. , Feb. 23, 2022 /PRNewswire/ -- Tupperware Brands Corporation (NYSE: TUP ), a leading global consumer products company, today reported operating results for the fourth quarter and fiscal year ended December 25, 2021 . As previously announced, in connection with the disposition of certain key brands of the Company''s beauty business, the Company has determined that the necessary criteria have been met to classify these brands as held for sale assets and discontinued operations, beginning in the third quarter of 2021. Accordingly, the presentation below reflects results from continuing operations only. Full Year 2021 Financial Highlights Net sales were $1,602.3 million , an increase of 3% year over year (or 1% on a constant currency basis) Gross profit was $1,068.3 million , or 66.7% of net sales Income from continuing operations was $155.6 million Diluted earnings per share was $2.93 Adjusted diluted earnings per share (non-GAAP) from continuing operations was $3.25 Adjusted EBITDA (non-GAAP) from continuing operations was $289.

Tupperware Brands Corp. TUP, -4.68% shares sank 3% in Wednesday premarket trading after the food storage company reported fourth quarter earnings that missed expectations. Net income totaled $23.8 mil

Tupperware (NYSE:TUP) is scheduled to announce Q4 earnings results on Wednesday, February 23rd, before market open.The consensus EPS Estimate is $0.54 (+285.7% Y/Y) and the

With key inflation data looming and earnings season heating up, things could remain volatile in small cap land. This could mean more gains ahead for stocks that have recently achieved important techni

Longtime investor Bill Miller said Wednesday that Tupperware Brands is a good value play to ride the economic boom.

ORLANDO, Fla., Jan. 26, 2022 /PRNewswire/ -- Tupperware Brands Corporation (NYSE: TUP), a leading global consumer products company, is scheduled to release its fourth quarter and full year 2021 financ

The Zacks Consumer Products - Staples industry players are seeing cost inflation and supply-chain disruptions. Nonetheless, solid online sales and saving efforts keep Kimberly-Clark (KMB), Newell Bran

Dublin, Jan. 11, 2022 (GLOBE NEWSWIRE) -- The "Global Insulated Water Bottles Market (2021-2026) by Product Type, Application, Distribution Channel, Material Type & Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com''s offering. The Global Insulated Water Bottles Market is estimated to be USD 2.51 Bn in 2021 and is expected to reach USD 3.37 Bn by 2026, growing at a CAGR of 6.10%. Market Dynamics Changing consumers'' preferences for the choice of drinking insulated water bottles and growing consciousness about health and hygiene has propelled the use of Insulated Water Bottles Market. Additionally, consumers are opting to use insulated water bottles to carry the beverages or juices during trips, treks, and long journeys. This rising demand is also boosting the growth of the Global Insulated Water Bottles Market. However, some studies claim the toxicity of materials involved in insulated water bottles restraining the market growth.

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Tupperware Brands (NYSE:TUP) had its price objective cut by Citigroup from $36.00 to $30.00 in a research report issued on Wednesday, Analyst Ratings Network reports. The firm presently has a buy rating on the stock. Citigroups target price suggests a potential upside of 97.11% from the stocks current price. A number of other equities research []

Five team leaders of Tupperware Ghana, Sales Force and Consultants of premium plastic and kitchenware products, who were promoted for hard work were at the weekend rewarded by the Distributors and representatives of Tupperware Brands in Ghana with brand new SUVs. The surprise reward that climaxed the companys 2021 rally in Ghana, drew tears from the recipients who fought fruitlessly to suppress their joys. Mrs. Christiana Agyeiwaa, Agnes Baidoo, Gladys Ayertey, Jennifer Mills-Graves and Emelia Cobbah were all promoted to Team Leaders, gold category, and handed the keys to the brand new Changan CS35 Plus cars during the rally at the La Palm Royal Beach Hotel in Accra. Tupperware Ghana Director, Mr. Ebenezer Sagoe assured the Demonstrators and Sales Force, mostly professionals who demonstrated and sold Tupperware products on part time, that more rewards await them and other hard working Managers in the coming years. The awards come to add to Mrs Barbara Gbadamosi, a teacher, who was handed a brand new Toyota Rush for emerging the overall Top Team Leader in Africa at the 2020/2021 Africa jubilee of the company held in September. Lets make sure that in 2022, there will be at least a Tupperware product in virtually every household in Ghana, Mr.