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Tupperware Brands Sees Continued Success in Turnaround Plan
Tupperware Brands Sees Continued Success in Turnaround Plan
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 […]
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Tupperware Announces 22% Sales Growth in Q1 2021
Tupperware Announces 22% Sales Growth in Q1 2021
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.
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Tupperware Brands Partners with National Park Foundation to Divert Nearly 10 Million Single-Use Plastic Bottles
Tupperware Brands Partners with National Park Foundation to Divert Nearly 10 Million Single-Use Plastic Bottles
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 […]
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Tupperware Brands Announces “Turnaround Plan” Success & 17% Sales Increase in Q4 2020
Tupperware Brands Announces “Turnaround Plan” Success & 17% Sales Increase in Q4 2020
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 […]
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Tupperware Named One of America’s Most Responsible Companies by Newsweek
Tupperware Named One of America’s Most Responsible Companies by Newsweek
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 […]
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Tupperware to Remain Headquartered in Central Florida
Tupperware to Remain Headquartered in Central Florida
Tupperware Brands announced its commitment to remain in the Orlando area. The company closed on a long-term sale-leaseback agreement with O’Connor Capital Partners for approximately 41 acres of land on which Tupperware Brands’ headquarters is located. The transaction transferred approximately 108 acres and is the first of two transactions to finalize Tupperware’s sale of the company’s remaining land […]
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Tupperware Pledges $1 Million to National Park Foundation
Tupperware Pledges $1 Million to National Park Foundation
Tupperware Brands Charitable Foundation, the non-profit arm of Tupperware Brands, announced a $1 million donation to the National Park Foundation. The donation is to further support waste diversion and reduction efforts in U.S. national parks. The commitment will advance efforts to help visitors know before they go—and use reusable, functional products that can support a waste-free […]
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Tupperware Q3 Sales Increase 14% over 2019
Tupperware Q3 Sales Increase 14% over 2019
Tupperware Brands Corporation today reported third quarter sales up 14 percent versus last year and 21 percent in local currency. Third quarter 2020 sales were $477.2 million.  Average active sales force was up 10 percent and sales per active sales force was up 10 percent reflecting strong engagement by the sales force utilizing digital tools and techniques […]
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Tupperware Brands Awarded U.S. Patent for NASA-Tested Product
Tupperware Brands Awarded U.S. Patent for NASA-Tested Product
Tupperware Brands today announced the issuance of a U.S. patent for PONDS, a device designed to grow vegetables in low earth orbit with minimal maintenance. “We are proud to have received a patent for the unique and novel design of PONDS,” said Miguel Fernandez, chief executive officer of Tupperware Brands. “With this patent in hand and […]
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Tupperware Q2 2020 Net Sales Down 16%
Tupperware Q2 2020 Net Sales Down 16%
Tupperware Brands Corporation today reported second quarter sales of $397.4 million, down 16 percent versus last year and 8 percent in local currency. According to the company, while average active sales force was down 17 percent, sales per active sales force was up 11 percent, reflecting strong engagement by the sales force utilizing digital tools […]
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Beatriz Díaz de la Fuente Named Tupperware Chief Human Resources Officer
Beatriz Díaz de la Fuente Named Tupperware Chief Human Resources Officer
Tupperware Brands Corporation today named Beatriz Díaz de la Fuente as the company’s chief human resources officer. Díaz de la Fuente, who will join Tupperware on June 1, 2020, will oversee the company’s complete human resources strategy, including talent management, HR technology systems, leadership development and compensation and benefits. As part of the company’s recent organizational redesign, all human resources […]
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Marco Brandolini Named Tupperware VP of Commercial EMEA
Marco Brandolini Named Tupperware VP of Commercial EMEA
Tupperware Brands Corporation has announced Marco Brandolini as the company’s vice president of Commercial for Europe, the Middle East and Africa (EMEA). Brandolini will be responsible for leading the Commercial business in EMEA, addressing sales trends by simplifying business models across the region, enhancing the distributor and sales force experience, and identifying opportunities to expand consumer access to the brand in Europe. Brandolini […]
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