Tupperware Brands (TUP) Tops Q2 EPS by 1c, Offers Outlook

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Tupperware Brands Reports Second Quarter 2017 Results; Significant Restructuring Actions to be Taken, Including Wind-down of Beauticontrol

July 26, 2017 7:00 AM EDT

ORLANDO, Fla., July 26, 2017 /PRNewswire/ -- (NYSE: TUP) Tupperware Brands Corporation today announced second quarter 2017 operating results.

Rick Goings, Chairman and CEO, commented, "Local currency sales grew 2% in the second quarter, below what we were looking to accomplish, but within our guidance range. Another stellar quarter in China and Brazil was partially offset by worse results in Indonesia. Profitability was a highlight in the quarter with adjusted earnings per share coming in at the high-end of our range in... More