Tupperware Brands Reports Second Quarter 2016 Results; Sales Comparison Up Sequentially

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Go back to Tupperware Brands Reports Second Quarter 2016 Results; Sales Comparison Up Sequentially

Tupperware Brands (TUP) PT Raised to $61 at Piper Jaffray

July 21, 2016 7:18 AM EDT

Piper Jaffray analyst Stephanie Wissink reiterated a Neutral rating and lifted her price target on Tupperware Brands (NYSE: TUP) to $61.00 (from $55.00) following Q2 results, which the analyst called positive.

Wissink commented, "We are adjusting our estimates following a positive Q2 report and digging into... More

Tupperware Brands (TUP) Tops Q2 EPS by 6c; Guides In-Line

July 20, 2016 7:03 AM EDT

Tupperware Brands (NYSE: TUP) reported Q2 EPS of $1.16, $0.06 better than the analyst estimate of $1.10. Revenue for the quarter came in at $564.7 million versus the consensus estimate of $559.91 million.

Rick Goings, Chairman and CEO, commented, "Though down 4% with a 7 point hit from exchange rates, we grew sales by 3%... More