Tupperware Brands (TUP) Tops Q2 EPS by 6c; Guides In-Line
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Tupperware Brands Reports Second Quarter 2016 Results; Sales Comparison Up Sequentially
July 20, 2016 7:00 AM EDTORLANDO, Fla., July 20, 2016 /PRNewswire/ -- (NYSE: TUP) Tupperware Brands Corporation today announced second quarter 2016 operating results.
Rick Goings, Chairman and CEO, commented, "Though down 4% with a 7 point hit from exchange rates, we grew sales by 3% in local currency - the high end of our range, with significant contributions from Brazil, China, Malaysia/Singapore and Tupperware Mexico."
Goings continued, "When we look at the success of our large businesses in Brazil, up 22% in dollars and... More
