Tupperware Q3

Tupperware Brands Corporation reported sales for the first quarter ended March 28, 2020, were $375.9 million, down 23 percent versus last year. “We continue to take swift actions to strengthen our business and navigate the uncertainties of COVID-19, including accelerating our planned cost savings from $50 million to $75 million in 2020,” said Miguel Fernandez, president and chief executive officer…

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Tupperware Q2

Tupperware Brands Corporation announced its business continuity plans in response to the COVID-19 pandemic, which are aimed to preserve the long-term financial health of the business. “During these uncertain times, the health and safety of our employees and sales force remains our top priority,” said Miguel Fernandez, president and CEO of Tupperware Brands. “Like many companies…

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Tupperware Brands Corporation (NYSE: TUP) today announced that its Board of Directors has appointed Miguel Fernandez as president and chief executive officer, effective April 6, 2020. The Board also has appointed Richard (“Rich”) Goudis as executive vice chairman, effective March 12, 2020. Goudis is the former chief executive officer of Herbalife Nutrition Ltd. “The Board is…

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John Agwunobi

Herbalife Nutrition Ltd. (NYSE: HLF) recently reported Q3 2018 net sales of $1.2 billion, an increase of 15 percent compared to Q3 2017. All regional net sales increased during the quarter, with the exception of South and Central America, Regionally, net sales were: Asia Pacific net sales were $274.3 million, an increase of 18.8 percent North…

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Los Angeles-based Herbalife Nutrition announced a design competition in collaboration with the prestigious Fashion Institute of Design & Merchandising (FIDM). Kicking off with the new school year, the design challenge is part of a special Advanced Study Program, International Manufacturing & Product Development, where FIDM students will develop a line of activewear for Herbalife Nutrition’s…

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Los Angeles-based Herbalife Nutrition Ltd. Yesterday announced financial results for the second quarter ended June 30, 2018. Net sales of $1.3 billion increased 12 percent compared to second quarter 2017. Volume points of 1.5 billion, the highest amount to be recorded in a quarter in company history, increased 12 percent compared to the prior year period,…

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Herbalife

Los Angeles-based Herbalife Nutrition has signed LA Galaxy midfielder and Mexican National Team member Jonathan dos Santos to an exclusive multi-year sponsorship deal as his official sports performance nutrition partner. The deal runs through the 2021 MLS season. “We’re thrilled to be Jonathan’s exclusive sports performance nutrition partner,” said Rich Goudis, CEO of Herbalife Nutrition. “His…

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Herbalife

Los Angeles, California-based Herbalife Nutrition has renewed its multi-year sponsorship with international soccer star, Cristiano Ronaldo, extending their relationship that first began in 2013 to 2021. Through the sponsorship, Herbalife Nutrition will maintain the exclusive rights to promote Ronaldo in connection with the nutrition, wellness and sports performance products category. “Cristiano is in a league of his own as one…

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John Agwunobi

Los Angeles, California-based Herbalife Nutrition Ltd. has reported financial results for the first quarter ended March 31, 2018. Net sales increased 7 percent over the prior year to $1.2 billion. The company exceeded first quarter net sales guidance as well as the high end of reported and adjusted diluted EPS guidance by 18 cents and…

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