$TUP (Tupperware Brands Corporation)

$TUP {{ '2016-07-20T13:20:47+0000' | timeago}} • Announcement

$TUP, a direct seller of plastic storage containers and cosmetics, reported a 16% drop in 2Q16 earnings due to lower sales from Europe and Beauty North America. Net income fell to $52.4MM or $1.03 per share from $62MM or $1.23 per share. Net sales slid 4% to $564.7MM, due to a 7 point hit from exchange rates. Adjusted EPS rose to $1.16 from $1.07.

$TUP {{ '2017-05-24T14:00:57+0000' | timeago}} • Announcement

$TUP declared a regular quarterly dividend of $0.68 per share, payable on July 6, 2017, to shareholders of record as of June 20, 2017.

$TUP {{ '2017-02-01T15:08:57+0000' | timeago}} • Webcast

$TUP saw a 3% effect from pricing in 4Q16. For 2017, the company believes it will see pricing in a similar range. In the fast-growing markets, $TUP has been able to capture volume leverage. In China, $TUP had good growth and has a good model with a high contribution margin. In Brazil, the company was able to capture volume leverage.

$TUP {{ '2017-02-01T14:49:10+0000' | timeago}} • Webcast

$TUP saw good momentum in the later part of 4Q16 in Germany, which carried forward into January. The company was well-positioned in Tupperware Mexico. In Asia-Pacific, there were some ups and downs. $TUP had good momentum in China during 4Q16. Brazil closed 2016 with good salesforce size advantage where $TUP was up 20% in total sellers.

$TUP {{ '2017-02-01T14:12:02+0000' | timeago}} • Webcast

In 4Q16, $TUP posted a 53% increase in Tupperware South Africa. The company's beauty business, Avroy Shlain, had a good quarter, up 13% building well in 4Q16 after a slower but positive 3Q16. Argentina was up 42% in 4Q16. Tupperware Mexico was up 1% while Malaysia and Singapore were up 9% in 4Q16.

$TUP {{ '2017-02-01T12:31:41+0000' | timeago}} • Announcement

$TUP expects EPS to be $0.84-0.89 in 1Q17 and $4.26-4.36 in FY17. Adjusted EPS is expected to be $0.89-0.94 in 1Q17 and $4.47-4.57 in FY17. Sales growth is expected to be flat to up 2% for both 1Q17 and FY17.

$TUP {{ '2017-02-01T12:27:33+0000' | timeago}} • Announcement

$TUP's BoD declared a regular quarterly dividend of $0.68 per share, even with the previous quarter. It is payable on April 6, 2017 to shareholders of record as of March 20, 2017. The BoD also extended the existing $2Bil open market share repurchase authorization to February 1, 2020. There is $713MM available under this authorization.

$TUP {{ '2017-02-01T12:25:20+0000' | timeago}} • Announcement

Housewares and personal care products company $TUP reported an increase in 4Q16 earnings. Net income was $79MM or $1.55 per share versus $58.1MM or $1.15 per share in 4Q15. Adjusted diluted EPS was $1.45. Net sales were $600.9MM, up 1% in dollars and 3% in local currency, which included a 4-point benefit from a 14th week in 2016's fiscal calendar.

$TUP {{ '2016-10-19T15:04:15+0000' | timeago}} • Announcement

$TUP narrowed its FY16 GAAP EPS guidance to range of $4.20-4.25 from previous forecast of $4.18-4.28 and its adjusted EPS outlook to range of $4.30-4.35 from prior estimate of $4.25-4.35. Tax rate is estimated at 27.6% on a U.S. GAAP basis and 25.5% excluding items for FY16.

$TUP {{ '2016-10-19T15:01:49+0000' | timeago}} • Announcement

$TUP expects 4Q16 EPS of $1.34-1.39, adjusted EPS of $1.37-1.42 and sales growth of 5-7% on U.S. Dollar basis and 4-6% on local currency basis. For FY16, $TUP now sees sales to decline by 2% on USD basis and local currency sales growth of 3% compared to prior guidance of 1-2% decline on USD basis and growth of 3-4% on local currency basis.

$TUP {{ '2016-10-19T14:58:37+0000' | timeago}} • Announcement

$TUP's net sales for 3Q16 rose to $521.8MM from $521MM in the previous year quarter. Emerging markets, which accounting for 71% of sales, were up 2% in dollars and 5% in local currency. The most significant contributions to 3Q growth in local currency were in Argentina, Brazil, China, Mexico and South Africa.

$TUP {{ '2016-10-19T14:52:48+0000' | timeago}} • Announcement

$TUP, a direct seller of plastic storage containers and cosmetics, reported a rise in 3Q16 earnings driven by higher sales from China, North America and South America. Net income grew to $48.8MM or $0.96 per share from $36.2MM or $0.72 per share. Adjusted EPS rose to $0.87 from $0.77.

$TUP {{ '2016-09-27T13:08:27+0000' | timeago}} • Announcement

$TUP named Patricia Stitzel to be its President and Chief Operating Officer effective October 1, 2016, reporting to Rick Goings, Chairman & CEO. Simon Hemus, the company's current President and Chief Operating Officer, will become Vice Chairman of $TUP.

$TUP {{ '2016-07-20T13:33:24+0000' | timeago}} • Announcement

$TUP raised its FY16 GAAP EPS guidance to range of $4.18-4.28 from previous forecast of $4.08-4.18. However, the company lowered adjusted EPS outlook to range of $4.25-4.35 from prior estimate of $4.28-4.38. Tax rate is estimated at 26.8% on a U.S. GAAP basis and 25.5% excluding items for FY16.

$TUP {{ '2016-07-20T13:30:43+0000' | timeago}} • Announcement

$TUP expects 3Q16 EPS of $0.95-0.99, adjusted EPS of $0.77-0.82 and sales growth of 1-3% on U.S. Dollar basis and 2-4% on local currency basis. For FY16, $TUP now sees sales to decline by 1-2% on USD basis and local currency sales growth of 3-4% compared to prior guidance of 0% to 2% decline on USD basis and growth of 2-4% on local currency basis.

$TUP {{ '2016-07-20T13:20:47+0000' | timeago}} • Announcement

$TUP, a direct seller of plastic storage containers and cosmetics, reported a 16% drop in 2Q16 earnings due to lower sales from Europe and Beauty North America. Net income fell to $52.4MM or $1.03 per share from $62MM or $1.23 per share. Net sales slid 4% to $564.7MM, due to a 7 point hit from exchange rates. Adjusted EPS rose to $1.16 from $1.07.

$TUP {{ '2016-04-20T18:01:24+0000' | timeago}} • Webcast

$TUP said that its taking up its full-year 2016 guidance by $10MM to $170-180MM, which is in light of its increase in net income guidance for the full year. For 2016, CapEx is expected to remain at the same $65MM mentioned in Jan. $TUP expects its local currency sales to be up 2-4% for 2016, which is 1 point lower than in Jan.

$TUP {{ '2016-04-20T17:54:18+0000' | timeago}} • Webcast

$TUP said that the main contributors to the local currency sales increase of 1% were Brazil, China, Tupperware Mexico and Tupperware US and Canada, with the biggest decreases in Egypt and Indonesia. On volume vs. price, the company had a 3% benefit from price in 1Q16 that was offset by 2 points plus from volume and mix.

$TUP {{ '2016-04-20T17:48:36+0000' | timeago}} • Webcast

$TUP said that Brazil delivered sales up 21% in 1Q16. The company ended the quarter with a 17% sales force size advantage. In 1Q16, the company saw increase in volume. Tupperware US and Canada were up 9% in 1Q16.

$TUP {{ '2016-04-20T17:32:14+0000' | timeago}} • Webcast

Home equipment and furnishings company $TUP said that 1Q16 local currency sales was up 1%. Emerging markets were up 3% representing 64% of total sales and the company's established markets were down 2%. The company saw stronger than expected local currency performances in Brazil and Tupperware Mexico.

$TUP {{ '2016-04-20T16:54:21+0000' | timeago}} • Announcement

For the full year, $TUP said sales in local currency are expected to be down 3 or 4% in Europe while it is expected to rise 12 or 13% in Tupperware North America. The company expects sales in local currency to fall 5 to 7% in Beauty North America and to increase in South America by 22 or 23%.

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