Almost 3 Years Ago
1 Min Read
TUP is making big moves today. Find out why the stock is trading 64% higher:
Shares of Tupperware Corp (TUP) are trading 64% higher at a price of $11.79 at the time of this writing.
- 2Q income from continuing operations of $4.5 million compared to $31.9 million last year
- On a per share basis, $0.09 is lower than the analyst consensus of $0.22 cents per share
- EBITDA fell to $38.1 million from $92.1 million a year ago, but still beat expectations by a wide margin
- TUP was able to raise prices, offsetting inflation and supply chain challenges
- Gross margin fell to 64.9% from 68.4%, on lower volumes, higher resin and logistics costs, and geographic and product mix
Tupperware Corp has been trading between a 52-week high of $25.45 and a 52-week low of $5.54. The stock has a market cap of $541 Million.
Tupperware Brands Corporation (NYSE: TUP) is a leading global consumer products company that designs innovative, functional and environmentally responsible products that people love and trust. Founded in 1946, Tupperware's signature container created the modern food storage category that revolutionized the way the world stores, serves and prepares food. Today, this iconic brand has more than 8,500 functional design and utility patents for solution-oriented kitchen and home products.
Headlines
Tupperware Brands Corporation 2022 Q2 - Results - Earnings Call Presentation (NYSE:TUP)
Seeking Alpha 08-03-22
Tupperware Brands Q2 Results Down, But Top Consensus
Finanz Nachrichten 08-03-22
Tupperware Brands tops estimates for quarter impacted by China lockdowns and inflation
Seeking Alpha 08-03-22
Tupperware profit drops sharply but beat expectations by a wide margin
MarketWatch 08-03-22
Tupperware profit drops sharply but beat expectations by a wide margin
MarketWatch 08-03-22
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