Tupperware Brands Corporation (NYSE: TUP) Chief Financial Officer and Chief Operating Officer, Sandra Harris, will be speaking at the Citi's 2021 Day of Direct Selling on May 27, 2021 at 1:00 p.m. ET.
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ResearchAndMarkets.com s offering.
The global reusable water bottle market size is expected to reach USD 84.8 billion by 2028. It is expected to expand at a CAGR of 4.0% from 2021 to 2028.
Government regulations and the anti-plastic movement are encouraging consumers to switch to disposable water bottles and prompting manufacturers to develop environmentally-friendly products.
Furthermore, the extensive use of disposable water bottles in sports and public places is discouraged by various campaigns in order to create awareness among people. Some governments have taken initiatives for the same, for instance, in February 2019, UNICEF and the Ministry of Education Maldives decided to provide reusable water bottles to all the first graders in the Maldives.
Tupperware Brands Corporation Turnaround Plan Well Under Way
Sales Growth of 22% in the First Quarter of 2021
GAAP diluted earnings per share of $0.85
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ORLANDO, Fla., May 5, 2021 /PRNewswire/ Tupperware Brands Corporation (NYSE: TUP) today reported operating results for the first quarter ended March 27, 2021.
First Quarter 2021 Financial Highlights
Net sales of $460.3 million increased 22% vs. 2020, up 20% in local currency
GAAP diluted earnings per share were $0.85 compared to a loss of $(0.16) for the first quarter 2020
Adjusted
(1) diluted earnings per share were $0.82 compared to $0.09 in 2020
Net Income was $45.3 million compared to a net loss of $(7.8) million for the first quarter of 2020
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ResearchAndMarkets.com s offering.
The global reusable water bottle market size is expected to reach USD 84.8 billion by 2028. It is expected to expand at a CAGR of 4.0% from 2021 to 2028.
Government regulations and the anti-plastic movement are encouraging consumers to switch to disposable water bottles and prompting manufacturers to develop environmentally-friendly products.
Furthermore, the extensive use of disposable water bottles in sports and public places is discouraged by various campaigns in order to create awareness among people. Some governments have taken initiatives for the same, for instance, in February 2019, UNICEF and the Ministry of Education Maldives decided to provide reusable water bottles to all the first graders in the Maldives.