Tupperware Brands Corporation Reports Third Quarter 2022 Financial Results

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Go back to Tupperware Brands Corporation Reports Third Quarter 2022 Financial Results

Tupperware Brands Tumbles On Q3 Miss - Declining Trends in Asia and North America

November 2, 2022 10:40 AM EDT

Tupperware Brands (NYSE: TUP) shares plummeted over 40% Wednesday after the company published third-quarter earnings, significantly missing analyst earnings and revenue estimates.

Tupperware reported earnings per share of $0.14, $0.43 worse than the analyst estimate of $0.57, while revenue for the quarter came in at $302.8 million versus the consensus estimate of $362.7 million. Net sales decreased 20%... More