Company News, Financial News

Sales Rise at Tupperware—But Beauty Drops

Beauticontrol sees a 23% dip due to smaller sales team.

Tupperware Brands Corporation posted first quarter 2017 operating results. Net sales rose 6% to $554.8 million. Emerging markets accounted for 66% of sales, the most significant contributions to the first quarter growth in local currency were in Brazil, China, Tupperware Mexico and Tupperware South Africa, partially offset by Indonesia. For Tupperware North America, both Mexico and US and Canada leveraged strong fundamentals, growing segment sales up 10% in dollars and up 14% in local currenc...

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