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.
e part of a pilot program at select restaurant locations in Burlington, Ontario, and is a well-suited extension of Tupperware’s No Time to Waste initiative, which endeavors to significantly reduce single-use plastic and food waste.
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.
With a focus on sustainability, Tupperware designed the ECO+ To-Go Cup with the goal of addressing waste management issues caused by single-use coffee cups.
Tupperware recently debuted four limited-time products with artwork inspired by the Grand Canyon and Arches, Yosemite, Sequoia and Kings Canyon, Shenandoah, Rocky Mountains, Blue Ridge Parkway and Olympic.
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 […]
The success of Tupperware Brands Corporation’s “turnaround plan” has allowed for the company’s prepayment of $58 million of its term loan debt from Angelo Gordon and JP Morgan. The company’s financial stability has also led its Board of Directors to authorize share repurchases of up to $250 million of the company’s outstanding shares of common stock. […]
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 launched four new stores in metro cities of India, including Kolkata, Chennai, Hyderabad and Thane. This launch is part of the brand’s aggressive expansion in the country, as Tupperware’s retail presence in India has grown to include 91 stores in 56 cities in less than two years. “Tupperware offers products that are experiential in […]
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