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.
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 […]
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 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 […]
Together with Statista, Newsweek recognized 399 companies across industries with varying size and revenue who are acting as good citizens and neighbors to the communities where they operate. Tupperware was ranked #200 on Newsweek’s second annual list and #18 in the consumer goods category. “It is an honor to be recognized by Newsweek for the […]