Tupperware up on profit gain

Investor's Business Daily

Shares of the maker of food storage containers, beauty and health products rose 4.9% to 73.75 after it said Q4 EPS lifted 14% to $1.71, beating views by 3 cents on growth in S. America and Asia. Sales grew 5.2% to $711 mil, topping views of $707 mil for the 3 months ended Dec. 29. Tupperware (TUP) guided for EPS this quarter of $1.09-$1.14 on revenue growth of 2%-4%, implying revenue of $652.3 mil-$665.1 mil. Analysts on average expected $1.14 per share profit on revenue of $663.4 mil.

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