Posts Tagged ‘Tupperware’

tupperware_logo1Tupperware Brands Corporation (NYSE: TUP) announced their fourth quarter and full years 2008 sales and profit numbers. Despite the faltering economy, the news and numbers were not all bad.

While sales increased in the fourth quarter, the company said that sales were negatively impacted by poor foreign exchange rates. This caused a sales decreased of 10% percent compared to 2007.

 its profit for the fourth quarter ending Dec. 27 reached $65.8 million, or $1.06 per diluted share, up from $54.9 million, or 88 cents per diluted share, from the same period in 2007, helped by the disposal of assets.

The increased profit came as sales dropped 10 percent year over year. It had sales of $521.7 million during quarter, down from $576.9 million the year before.

For the full year, the Kissimmee-based company (NYSE: TUP) had a net income of $161.4 million, or $2.56 per share, compared to a net income of $116.9 million, or $1.87 per share. Sales for the year were $2.16 billion, up from $1.98 billion in 2007.

Chairman and CEO, Rick Goings commented, “We were pleased to hold our own in the fourth quarter in light of the difficult external environment. Sales in our emerging market businesses increased 11% in local currency and our established market businesses were down 4% in local currency in the quarter. Among our established markets, France was a stand out on the positive side and we were pleased to have a 5% local currency increase in company sales by Tupperware United States and Canada. We were also pleased to be able to reduce our outstanding debt in 2008, while continuing to support our 88 cent per share annual dividend, which reflected the strong cash flow that our business generates.”

Tupperware held its conference call on February 4th and is now archived for all of you who would like to listen in to it on www.tupperwarebrands.com

Popularity: 86% [?]

tupperware_logoThe Tupperware Brands Corporation  has just been given an impressive award honoring the company’s success in developing a brand that has become one of the most iconic brands of the last century. The company was recognized specifically for its achievements in India, China and Indonesia, by Superbrands, Business Week and Hers Magazines.

Superbrands, a publication that recognizing exceptional brands in over 80 countries, complemented the plastic organizational good company for their dedication and commitment to providing quality products and services in the Indian Market.

Hers Magazine recognized Tupperware for its growth in China as well as naming it the top company in the kitchen tools category in the annual, “Quality of Life:2008 Top 100 Women’s Favorite Brands” survey. Tupperware beat out over 500 international and local brands to capture top honors.
In addition to honors in India and China, Tupperware was recognized in Indonesia by Business Week, being voted “Company with the Best Corporate Image” in the Direct Selling category in an annual consumer survey.

In all of the above surveys and honors, Tupperware was recognized the quality of the products they sell as well as dedication to social causes, performance of the company and attractiveness of products as well as opportunity the company provides.

Tupperware CEO and Chairman, Rick Goings, was thrilled with the honors, especially since Tupperware is relatively new in these markets. “Tupperware has grown tremendously in several global markets, including India, China and Indonesia and it’s an honor to be recognized for our success from some of the most prestigious organizations throughout the world. It’s still early innings for us in these emerging markets, but the brand is already recognized and respected, which is incredibly encouraging.”

“These awards demonstrate that the power of our Tupperware brand continues to expand globally. It is one of the things enabling us to grow so quickly in the 50% of our business that is now coming from emerging market economies,” said Rick Goings. “We’re looking forward to further strengthening the Tupperware brand in the future throughout the international community.”

Popularity: 8% [?]

MLMRankings.com has just come out with their latest polls of top performing and top gaining MLM companies for the month of October.

If you’ve ever wondered how an MLM company does in comparison to some of its competitors in terms of popularity and inquiries, this is the most comprehensive site on the web to get that kind of information.

MLMRankings is also a great tool if you’re thinking about just starting on the industry. Information about top gainers is a great way to get some insight on some of the up-and-comers.

Among the top gainers for the month of October are NuSkin , Scentsy and Sene Gence International, a new cosmetics company.
On the list as top searched companies are many of the usual suspects, Avon , Tupperware, and Mary Kay.

We encourage you to take a look at the list, but also be aware that you must always do research before getting involved in any new business venture. There is a lot of great information on the web these days, our site included and it’s always best to obtain as much information as possible before beginning any new business venture.

Popularity: 6% [?]

Tupperware was featured this week in OK! Magazine, as they paid a visit to a recent tea party held by Brooke Shields, Tupperware spokesperson. The event raised money for the Tupperware Chain of Confidence’s newest partnership with the Boys and Girls Club SMART Girls Program .

Shields, star of the NBC drama Lipstick Jungle, serves as the spokesperson for the plastic goods company’s Chain of Confidence Campaign. The tea party fundraiser was held in New York City on October 18th at The House Restaurant.

For over 6 decades, Tupperware and the Chain of Confidence Campaign have worked to educate, enlighten and empower young girls by teaching them self confidence and self respect.

At the Tea party last week, guests dined on lobster cakes served on Tupperware trays and sipped on Tupper-Tini’s. Ms. Shields also used the Tea Party to show off to her friends her own line, Radiance by Tupperware. Among the guests at the party were Rosie Perez, Jane Krakowski and co-star Kim Raver.

Shields feels that the Tupperware organization is an inspiration to girls and woman around the world, Shields told OK! Magazine that she supports the company because, “Tupperware was one of the first companies to say it’s okay to be a mom and still earn a living.”

Tupperware is excited about the partnership with the Boys and Girls Club and has even donated over $1.5 million dollars over the next three years to make the campaign a success.

Popularity: 8% [?]

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