Tupperware Brands Corporation reported net sales of $313.7 million in the fourth quarter of 2022, a decrease of 20% year over year.
Tupperware’s pledge to the foundation has helped reduce single-use plastic waste, develop recycling and composting infrastructure and install 44 water bottle refill stations across seven parks.
Tupperware Brands Corporation released its 2022 ESG (Environmental, Social and Governance) Report, highlighting its efforts to make ongoing progress towards its sustainability, environmental and gender equity goals.
Tupperware containers will be available for purchase at home goods retail store Target.
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.
Tupperware Brands Corporation has entered into a definitive agreement to sell its Nutrimetics beauty business, operating in Australia, New Zealand and France, as part of its turnaround plan.
Tupperware is renewing its commitment to the National Park Foundation with continued support and a $2 million multi-year donation. This new pledge follows Tupperware’s investment last year in national park composting infrastructure, water bottle refill station installations and education.
In early 2021, Tupperware completed a materiality assessment to determine which areas would be most important to the business as it built a thoughtful environmental, social and governance (ESG) strategy.
In its list of America’s Most Responsible Companies 2022, Newsweek recognized Tupperware Brands as number 24 in the Consumer Goods category.
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.