Tupperware Brands (NYSE: TUP) was featured in a recent Robinhood article as it “heats up on its first growth” in three years. The article reads, “Heat up the eggplant casserole… Leftover legend Tupperware just saw its first quarterly sales growth since 2017. Tupperware became the plastic empire it is today thanks to the sales process of Brownie Wise (perfect name), the entrepreneurial single mom who started ‘Tupperware Parties’ in the 40s. Sales were up 14% last quarter. North America sales popped 42% thanks to XL-sized spaghetti nights and way too much meal prep. Profit quadrupled compared to the same quarter last year. Tup cut costs by $120M to boost its bottom line.”
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About Tupperware Brands Corporation
Tupperware Brands 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. With a purpose to nurture a better future, Tupperware products are an alternative to single-use items. The company distributes its products into nearly 80 countries primarily through independent representatives around the world. For more information, visit www.TupperwareBrands.com.
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