Stock of the maker of food-storage containers has lost more than half of its value so far this year.
Tupperware Brands Corp. said Wednesday it is in talks with the Securities and Exchange Commission to settle an inquiry into its previously-owned Fuller Mexico business and its Tupperware Mexico business. The SEC has been reviewing accounting practices at that business and Tupperware has been cooperation with the inquiry. "As these discussions continue and as required by U.S. GAAP, the Company plans to recognize an estimated liability for this matter within its condensed consolidated balance shee
Tupperware Brands Corporation (NYSE: TUP), a leading global consumer products company, announces today that it has entered into a definitive agreement for the sale of its Nutrimetics beauty business, which operates in Australia, New Zealand, and France. This transaction advances the Company's turnaround plan strategy of divesting non-core assets. Terms of the transaction, including the anticipated closing date, have not been disclosed. The sale of the Nutrimetics beauty business follows the Comp