Financial Report

Tupperware Brands 2006 Sales Up 36%

Tupperware Brands (TUP-NYSE) reported these fourth quarter 2006 results:

Fourth Quarter Summary

• Sales up 34 percent as reported and 29 percent in local currency to $486.5 million
• Beauty units acquired in December 2005 sold $135.8 million; organic local currency growth of 6 percent
• Other units' sales up 4 percent in local currency
• EPS at 65 cents, including 5 cents from positive foreign exchange
• EPS after adjustments at 74 cents, up 20 cents, or 37 percent from last year toward high end of previous guidance range, including 2 cents higher foreign exchange than included in guidance

Full Year Summary

• Sales up 36 percent as reported and 35 percent in local currency to $1.74 billion
• Beauty units acquired in December 2005 sold $496.8 million; organic local currency growth of 3 percent
• Other units' sales were flat in local currency
• EPS at $1.54, up 13 cents from $1.41 last year
• EPS after adjustments up 20 percent to $1.79

"We were pleased to finish the year strongly and to be giving 2007 guidance for sales improvements in all segments and pre-tax income up 11 to 14 percent. It is too early to fully predict the actual tax rate, but using our current assumption of a low 20 percent rate vs. the 2006 rate of 12 percent, we foresee earnings per share, after adjustments, to be flat to down 5 cents," said Rick Goings, Chairman and CEO. "Both beauty segments reported solid fourth-quarter sales growth, as did Tupperware North America and Asia Pacific. The quarter also included continued strong growth in the Tupperware emerging markets."

Tupperware Brands Corporation is a global direct seller of premium, innovative products across multiple brands and categories through an independent salesforce of 1.8 million. Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand, and beauty and personal care products for consumers through its Avroy Shlain, BeautiControl, Fuller, NaturCare, Nutrimetics, Nuvo and Swissgarde brands.

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