Tupperware Brands (TUP) Tops Q2 EPS by 1c, Offers Outlook
Tupperware Brands (NYSE: TUP) reported Q2 EPS of $1.21, $0.01 better than the analyst estimate of $1.20. Revenue for the quarter came in at $572.9 million versus the consensus estimate of $580.22 million.
GUIDANCE:
Tupperware Brands sees Q3 2017 EPS of $0.91-$0.96, versus the consensus of $0.98.
2017 Outlook
Based on current business trends and foreign currency rates, the Company's third quarter and fiscal 2017 full year outlook is provided below.
Company Level
13 Weeks Ended | 13 Weeks | 52 Weeks Ended | 53 Weeks | ||||||||||||
Sept. 30, 2017 | Ended | Dec 30, 2017 | Ended | ||||||||||||
Low | High | Sept. 24, 2016 | Low | High | Dec 31, 2016 | ||||||||||
USD Sales Growth vs Prior Year | 2 | % | 4 | % | — | % | 3 | % | 4 | % | (3)% | ||||
GAAP EPS | $0.04 | $0.09 | $0.96 | $1.99 | $2.09 | $4.41 | |||||||||
GAAP Pre-Tax ROS | 4.1 | % | 4.6 | % | 15.2 | % | 7.8 | % | 7.5 | % | 13.6 | % | |||
Local Currency+ Sales Growth vs Prior Year | 1 | % | 3 | % | 2 | % | 2 | % | 3 | % | 2 | % | |||
EPS Excluding Items* | $0.91 | $0.96 | $0.87 | $4.66 | $4.76 | $4.39 | |||||||||
Pre-Tax ROS Excluding Items* | 11.8 | % | 12.2 | % | 11.5 | % | 14.1 | % | 14.3 | % | 13.4 | % | |||
FX Impact on EPS Comparison (a) | $0.02 | $0.02 | $0.10 | $0.10 | |||||||||||
(a) Impact of changes in foreign currency versus prior year is updated monthly and posted at: Tupperware Brands Foreign Exchange Translation Impact Update.
Full Year 2017
For earnings history and earnings-related data on Tupperware Brands (TUP) click here.