Stock FAQs

why is tupperware stock down

by Israel Ferry Published 3 years ago Updated 2 years ago
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Tupperware shares plummeted after the company’s earnings and sales missed expectations because of the trade war and the effects of a strong dollar. The consumer products maker also slashed its forecast for this quarter and the rest of the year.

Tupperware's fourth-quarter report disappointed.
Tupperware Brands stock is lower in Wednesday morning trading after the maker of storage containers reported a disappointing fourth quarter. The Omicron variant hurt the period, and the midpoint of full-year estimates were below the consensus Street's estimate.
Feb 23, 2022

Full Answer

Will Tupperware stock go up?

Stock Price Forecast The 4 analysts offering 12-month price forecasts for Tupperware Brands Corp have a median target of 29.00, with a high estimate of 43.00 and a low estimate of 25.00. The median estimate represents a +49.56% increase from the last price of 19.39.

Is Tupperware stock a good buy?

Tupperware Brands has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Is Tupperware undervalued?

At the current price of $27.48 (close of market on April 16/2021), Tupperware's stock is undervalued in comparison to its peers and based on its forward P/E ratio of 7.37.Apr 19, 2021

How much is Tupperware net worth?

Tupperware Brands net worth as of April 14, 2022 is $0.92B.

Why did Tupperware stock go up?

Tupperware's stock price rise since 2019-end came due to a 2% rise in revenue from $1.8 billion in FY 2019 to $1.82 billion on an LTM basis.Jul 19, 2021

Is Tupperware still in business?

If you were wondering whether Tupperware still exists, and if they even have those parties anymore, the answer is an emphatic yes.Nov 24, 2019

Who owns Tupperware Brands?

RexallRexall, by now the owner of the Tupperware brand, sold its namesake drugstores in 1977, and renamed itself Dart Industries. Dart merged with Kraftco to form Dart & Kraft.

What industry is Tupperware in?

Consumer ProductsTupperware BrandsTypePublicIndustryConsumer Products, multi-level marketing, Household goodsFounded1946FounderEarl TupperHeadquartersKissimmee, Florida, United States11 more rows

Where is the headquarters of Tupperware?

Orlando, FLTupperware / Headquarters

Tupperware Brands Media Sentiment

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Tupperware Brands (NYSE TUP) News Headlines Today

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Who is the CEO of Tupperware?

Tupperware's struggles come as the company is looking for permanent executive leadership. The company’s board last fall appointed independent director O’Leary as interim CEO. Tupperware's future strategy is going to depend on the appointment of the new CEO, Lane said.

Does Tupperware pay dividends?

Tupperware previously had been known to pay dividends to shareholders “through thick and thin” in the past — but that changed after last year’s first quarter. The Orlando-based manufacturer and direct seller of food storage and other home products had shown several signs of shakiness in 2018, including falling revenue.

What is Tupperware best known for?

The company is best known for its namesake plastic food-storage containers, but also sells beauty and personal-care products through retail outlets world-wide, including Brazil, China, and Canada. Sales have been declining for eight consecutive quarters, and the stock has tumbled. At its highest, Tupperware stock was trading at $96 in 2013.

How much will Tupperware save in 2020?

Tupperware expects to realize associated cost savings of approximately $50 million in 2020, and for earnings trends to improve in the second half of the year. Still, 2020 sales are expected to decline between 10% to 12% to a range from $1.582 billion to $1.617 billion.

Is Tupperware stock down?

Tupperware stock is down more than 40%. Tupperware Brands stock shed over 40% of its value in Tuesday trading after the maker of sealable food containers and other household goods said it is conducting an accounting investigation. Tupperware (ticker: TUP) is delaying reporting fiscal 2019 earnings as it probes “the accounting for accounts payable ...

Tupperware Brands Corporation (TUP)

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Chart for TUP

Tupperware Brands is the leading global marketer of innovative, premium products across multiple brands utilizing a social selling method through an independent sales.

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