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Market Overview

Tupperware Brands: Q1 Earnings Insights

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Shares of Tupperware Brands (NYSE:TUP) rose 8.2% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 148.48% year over year to $0.82, which beat the estimate of $0.54.

Revenue of $460,300,000 higher by 22.45% from the same period last year, which beat the estimate of $434,050,000.

Outlook

Tupperware Brands hasn't issued any earnings guidance for the time being.

Tupperware Brands hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 05, 2021

Time: 08:30 AM

ET Webcast URL: https://ir.tupperwarebrands.com/news-and-events/events-and-presentations/2021

Recent Stock Performance

52-week high: $38.59

52-week low: $2.32

Price action over last quarter: Up 6.73%

Company Description

Tupperware Brands Corp manufactures and sells a variety of kitchen, home storage, and beauty products. The firm sells food preparation, storage, and serving products as well as cookware and microfiber textiles under the Tupperware brand name. The company also sells beauty products that include skin and hair care products, cosmetics, fragrances, jewelry, and nutritional products. The company's products are sold through the direct-to-consumer channel via an independent sales force outside of traditional retail store locations. The firm organizes itself into four segments based on geography Europe, Asia-Pacific, North America, and South America. More revenue comes from the Asia-Pacific region than any other geographic region.

 

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Posted-In: BZI-RecapsEarnings News

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