The Chief Financial Officer for Tupperware Brands, Mariela Matute, announced her official resignation, effective July 31, 2024. Matute joined the company in 2022, bringing with her more than two decades of finance experience in the technology, consumer and manufacturing sectors.
Tupperware Brands Corporation announced the resignation of Madeline Otero, Senior Vice President and Chief Accounting Officer.
Tupperware Brands Corporation has finalized an agreement with its lenders to restructure its existing debt obligations. This move is expected to improve the company’s overall financial state and will amend credit obligations as well as extend the maturity of strategic debt facilities.
Tupperware Brands Corporation announced third quarter net sales of $302.8 million, a 20% dip from $376.9 million during the third quarter of last year.
Tupperware Brands Corporation released its financial report for the second quarter of 2022, including an 18% dip in net sales to $340.4 million, down from $416.6 million in the second quarter of 2021.