Tupperware Q3

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…

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Chris O'Leary

Tupperware Brands Corporation (NYSE: TUP) recently announced that Christopher D. O’Leary has been elected to the company’s board of directors, effective immediately. “We are pleased to have Chris join our board,” said Executive Chairman Rick Goings. “He brings more than 37 years of operational and leadership experience to Tupperware, having served in several strategically important executive positions…

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Wall Street

U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for…

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Finance Financial Results Growth

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…

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Tupperware Q3

Tupperware Brands Corporation recently announced that following a successful 25-year career with the company, Michael S. Poteshman plans to retire from his role as executive vice president and chief financial officer (CFO). Poteshman will continue in his role until March 1, 2019, following the company’s fiscal year 2018 financial closing process. Poteshman joined the company’s former parent company, Premark International, Inc.…

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The stocks of the six publicly traded direct selling companies we follow that are listed in the U.S., Herbalife Nutrition (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), on balance continued their strong run in the Q2. Through the first six months of the year, our proprietary Lane…

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Chris O'Leary

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…

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Brazil

Tupperware Brands, the Orlando, Florida-based direct seller of storage and serving solutions and personal care products, recently announced that it is expanding its Global Links program into Brazil. The program, which is in partnership with Rollins College and the U.S. Department of State’s Office of Global Women’s Issues, is designed to build capacity for women’s…

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Tupperware Q3

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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