Piper Jaffray Remains Sidelined on Tupperware Brands (TUP) Following 1Q

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Tupperware Brands Reports First Quarter 2016 Results; EPS Above High End of Guidance

April 20, 2016 7:00 AM EDT

ORLANDO, Fla., April 20, 2016 /PRNewswire/ -- (NYSE: TUP) Tupperware Brands Corporation today announced first quarter 2016 operating results.

Rick Goings, Chairman and CEO, commented, "First quarter sales were up 1% in local currency. While we continued to achieve strong performances in Argentina, Brazil, China, Tupperware Mexico and Tupperware U.S. and Canada, we have continued to need to navigate through economic and political headwinds. Even so, we were able to come in above the high end of our diluted... More