Sector: Consumer Cyclicals | Industry: Appliances, Tools & Housewares |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 14901 S Orange Blossom Trail ORLANDO FL 32837-6600 |
Tel: | N/A |
Website: | https://www.tupperwarebrands.com |
IR: | See website |
Key People | ||
Laurie Ann Goldman President, Chief Executive Officer, Director | Mariela Matute Chief Financial Officer, Executive Vice President, Principal Accounting Officer | Karen M. Sheehan Executive Vice President, Chief Legal Officer, Secretary |
Jim Van Ingen Executive Vice President - Supply Chain | Brian J. Fox Chief Restructuring Officer | Samantha Lomow Chief Commercial Officer |
Business Overview |
Tupperware Brands Corporation is a global consumer products company. It is engaged in marketing, manufacturing, and selling design-centric preparation, storage, and serving solutions for the kitchen and home through the Tupperware brand name. It is primarily designing functional products to help store, serve, and prepare food. The Company operates its business through four geographic regions: Asia Pacific, Europe (Europe, Africa and the Middle East), North America and South America. Its Tupperware brand product line consists of cookware, knives, microwave products, microfiber textiles, water-filtration-related items and an array of products for on-the-go consumers. Its products include XtremAqua Freezable Bottle, Universal Cookware Set, SuperSonic Choppers and others. It distributes its products in approximately 70 countries through independent representatives around the world. It has more than 8,500 functional design and utility patents for solution-oriented kitchen and home products. |
Financial Overview |
For the fiscal year ended 31 December 2022, Tupperware Brands Corp revenues decreased 19% to $1.3B. Net loss before extraordinary items totaled $246.9M vs. income of $155.6M. Revenues reflect Europe segment decrease of 32% to $295M, Asia Pacific segment decrease of 24% to $352.4M, North America segment decrease of 16% to $380.8M. Net loss reflects Asia Pacific segment income decrease of 63% to $38.9M, Europe segment income decrease of 76% to $19.8M. |
Employees: | 6,600 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $667.11M as of Dec 31, 2022 |
Annual revenue (TTM): | $1,304M as of Dec 31, 2022 |
EBITDA (TTM): | $136.40M as of Dec 31, 2022 |
Net annual income (TTM): | -$246.90M as of Dec 31, 2022 |
Free cash flow (TTM): | -$70.30M as of Dec 31, 2022 |
Net Debt Last Fiscal Year: | $602.80M as of Dec 31, 2022 |
Shares outstanding: | 46,269,320 as of Oct 5, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |