Posts Tagged ‘Tricia Stitzel’
Chris O’Leary Appointed Tupperware Brands Interim CEO
Tupperware Brands Corporation announced that its Board of Directors has appointed Christopher D. O’Leary, an independent director of Tupperware, as interim chief executive officer, effective immediately. This appointment follows Tricia Stitzel’s decision to step down as chairman and CEO of Tupperware, and as a director of the company. Susan M. Cameron, lead director of the Board, was named non-executive…
Read MoreTupperware Q3 Net Sales Down 14%
Tupperware Brands Corporation announced third quarter 2019 sales of $418.1 million, down 14 percent versus third quarter of 2019. “Sales for the third quarter ended in line with our forecasted guidance as the challenging trends we’ve been experiencing in Brazil, China, and U.S. and Canada persisted as we expected,” said Tricia Stitzel, chairman and chief executive officer of Tupperware Brands. Third…
Read MoreTupperware Q2 Sales Down 11%
Tupperware Brands Corporation (NYSE: TUP) announced second quarter 2019 operating results. Second quarter 2019 sales were $475.3 million, down 11 percent, and local currency sales were down 7 percent. “Overall, the business fell short of our expectations in some markets as geopolitical concerns and lower consumer spending headwinds in two of our key markets resulted in…
Read MoreSandra Harris Appointed Tupperware Chief Financial Officer
Tupperware Brands Corporation recently announced the appointment of Cassandra “Sandra” Harris as executive vice president and chief financial officer effective April 1, 2019. Harris succeeds Michael Poteshman, who recently announced his retirement after a 25-year career with the Company. He will remain until March 31, 2019, and provide consulting services through September 30, 2019, to ensure an orderly transition. “We…
Read MoreTupperware Q4 2018 Net Sales Down 14%
Tupperware Brands Corporation announced fourth quarter 2018 net sales were $505.9 million, down 14 percent (7% local currency) compared to fourth quarter 2017. Emerging markets, accounting for 67 percent of sales, were down 15 percent (down 5% local currency). The emerging market operating units with the most significant local currency sales growth in the fourth quarter…
Read MorePublic Direct Sellers: Growth Continues To Accelerate For The Wellness Companies
Avon Products vs. Tupperware in addressing the new paradigm. Through the halfway mark in the fourth quarter, publicly traded Direct Selling stocks continued to outperform the broader market and consumer index averages so far in 2018. The Lane Research Direct Selling Index, which comprises the stocks of the six publicly traded direct selling companies we…
Read MoreUSANA Q3 Net Sales Up 13.4%; Tupperware Down 10%
USANA Health Sciences, Inc. (NYSE: USNA) and Tupperware (NYSE: TUP) have announced financial results for the third quarter of 2018. USANA USANA net sales were $296.8 million, compared with $261.8 million in the prior-year period, a 13.4 percent increase year-over-year. The company’s skin and personal care product category contributed approximately $9.5 million in incremental sales for the quarter. The company’s total…
Read MoreTupperware Releases 2016-2017 Sustainability Report
Orlando, Fla.-based Tupperware Brands Corporation released its 2016–2017 corporate social responsibility (CSR) report detailing its latest efforts to make a lasting effect on the lives of women globally and to reduce environmental impact. “At Tupperware Brands, we recognize our responsibility as a global leader to play an active role in the lives of our 3…
Read MoreTupperware Announces Executive Changes
Tupperware Brands yesterday announced changes to its executive leadership team. “As Tupperware Brands turns a new page in its iconic history, we do so with a Global Growth Strategy and Purpose that is clear and focused,” said Tricia Stitzel, president and chief executive officer. “To execute our strategy and fulfill our purpose of enriching lives…
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