Tupperware Brands Reports Second Quarter 2019 Results
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Tupperware Brands (TUP) Misses Q2 EPS by 2c, Revenues Miss; Lowers FY19 EPS & Sales Guidance
July 24, 2019 7:06 AM EDTTupperware Brands (NYSE: TUP) reported Q2 EPS of $0.98, $0.02 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $475.3 million versus the consensus estimate of $491.6 million.
Second quarter sales down 11% versus last year and 7% in local currency+Adjusted pre-tax return on sales of 14%; within guidance rangeGAAP diluted E.P.S. $0.81 versus $1.26 in prior yearAdjusted* diluted E.P.S. $0.98; within guidance rangeReducing full-year 2019 sales and E.P.S. guidanceTotal sales force size up 1%Tricia Stitzel elected Chairman of the Board of Directors, effective May 22,... More