barnyarddog
1月前
The Tupperware Party Is Over: Iconic Kitchenware Maker Files Bankruptcy
(The Wall Street Journal)
04:45PM
Tupperware Seeks Bankruptcy as Turnaround Falters
(Barrons.com)
02:56PM
Memories of the earliest Tupperware parties, from one who was there
(Associated Press Finance)
02:48PM
Tupperware Lenders Fight Over Assets, Including Brand Name
(Bloomberg)
12:54PM
Tupperware Files for Bankruptcy After Struggling With Weak Sales
(The Wall Street Journal)
11:03AM
Tupperware Seeks Bankruptcy Protection As Demand For Its Colorful Containers Fades In The E-Commerce Era
(Benzinga)
10:47AM
Tupperware, UAW-Stellantis, 23andme: 3 Stories In Focus
(Yahoo Finance Video)
10:13AM
Tupperware - from a US household brand to an indebted kitchenware maker
(Reuters)
09:34AM
Tupperware Files for Bankruptcy as Turnaround Effort Fails
(Bloomberg)
08:40AM
Tupperware files for bankruptcy amid lender opposition
(Retail Dive)
08:31AM
Why is Tupperware bankrupt? Food storage brands Chapter 11 filing reveals how it failed to change with the times
(FastCompany)
07:08AM
Iconic Tupperware Brands seeks Chapter 11 bankruptcy
(Associated Press Finance)
07:08AM
Decades-old kitchen staple company Tupperware files for bankruptcy
(Fox Business)
06:46AM
The party is over as Tupperware files for bankruptcy after years of troubles
(CNN Business)
05:34AM
Tupperware files for bankruptcy after struggle to compete with copycats
(The Telegraph)
04:34AM
Tupperware files for bankruptcy, citing challenging economic environment
(CNN Business)
12:12AM
Tupperware Brands Files for Bankruptcy
(The Wall Street Journal)
Sep-17-24 11:56PM
Tupperware files for bankruptcy as turnaround plan falls through
(Investing.com)
11:46PM
Tupperware files for bankruptcy as its colorful containers lose relevance
(Reuters)
11:36PM
Tupperware Voluntarily Initiates Chapter 11 Proceedings
(PR Newswire)
05:27PM
Tupperware May File For Bankruptcy. Here Are 5 Companies That Already Have This Year
(Investopedia)
10:10AM
Tupperware stock plummets on bankruptcy filing plans: BBG
(Yahoo Finance Video)
Sep-16-24 05:35PM
Tupperware stock plummets 57% because it plans to file for bankruptcy
(Quartz) -57.51%
04:07PM
Tupperware Brands plans to file for bankruptcy, Bloomberg reports
(Reuters)
03:58PM
Tupperware Brands Plans to File for Bankruptcy
(Bloomberg)
Jun-17-24 01:38PM
Tupperware shutting down last US plant, moving production to Mexico
(Fox Business)
Jun
TRUISM
1年前
Tupperware Brands Corporation (TUP) Investment Guide: What You Need to Know
By Samantha Gray - October 25, 2023
LINK
In a filing, Tupperware Brands Corporation revealed its Executive Vice Chair GOUDIS RICHARD acquired Company’s shares for reported $1.0 million on Nov 04. In the deal valued at $3.93 per share,254,500 shares were bought. As a result of this transaction, GOUDIS RICHARD now holds 424,500 shares worth roughly $0.66 million.
Then, Fernandez Calero Miguel Angel bought 24,000 shares, generating $101,520 in total proceeds. Upon buying the shares at $4.23, the Chief Executive Officer now owns 485,965 shares.
DA Davidson downgraded its Tupperware Brands Corporation (TUP) rating to a Neutral from a a Buy in a research note published on Tuesday. PT values the company’s stock at a premium of 88.0 to its Tuesday closing price.
Price Performance Review of TUP
On Tuesday, Tupperware Brands Corporation (NYSE:TUP) saw its stock fall -9.83% to $1.56. On the same session, the stock had its day’s lowest price of $1.54, but rose to a high of $1.77. Over the last five days, the stock has lost -28.44%. Tupperware Brands Corporation shares have fallen nearly -62.32% since the year began.
Nevertheless, the stocks have fallen -78.15% over the past one year. While a 52-week high of $8.00 was reached on 08/01/23, a 52-week low of $0.61 was recorded on 07/20/23. SMA at 50 days reached $2.0556, while 200 days put it at $2.2448. A total of 3.63 million shares were traded, compared to the trading of 1.88 million shares in the previous session.
Levels Of Support And Resistance For TUP Stock
The 24-hour chart illustrates a support level at 1.4767, which if violated will result in even more drops to 1.3933. On the upside, there is a resistance level at 1.7067. A further resistance level may holdings at 1.8533. The Relative Strength Index (RSI) on the 14-day chart is 43.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1336, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.89%. Stochastics %K at 33.12% indicates the stock is a holding.
How much short interest is there in Tupperware Brands Corporation?
A steep rise in short interest was recorded in Tupperware Brands Corporation stocks on Oct 12, 2023, growing by 2.92 million shares to a total of 10.94 million shares. Yahoo Finance data shows the prior-month short interest on Sep 14, 2023 was 8.02 million shares. There was a rise of 26.69%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 25.12% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.63.
Tupperware Brands Corporation (TUP)– Who Are The Largest Shareholders?
In filings from Charles Schwab Investment Managem, it is revealed that the company now owns 3,330,763 shares, or roughly 7.49% of the outstanding TUP shares. In other words, the investor’s shares have risen by 1,543,145 from its previous 13-F filing of 1787618.0. Additionally, The Vanguard Group, Inc. decreased -0.91% of its stake after which the total value it holdings stand at $3,140,631, while D. E. Shaw & Co. LP added 3.26% of its stake to hold $2.98 million in the firm.
Over the last quarter, Acadian Asset Management LLC purchased 158,567 shares of Tupperware Brands Corporation, while AQR Capital Management LLC bought -162,991 shares. At present, GSA Capital Partners LLP is holding 1,035,021 shares valued at $1.45 million. LSV Asset Management owned 890,200 shares of the company at the time of its most recent 13F filing, worth $1.25 million.
According to FactSet, Tupperware Brands Corporation’s share price will average $4.00 in the next year, based on opinions of analysts polled by the firm. This is up nearly 131.21 percent from its previous closing price of $1.73. Analysts expect Tupperware Brands Corporation stock to reach the higher price of $4.00, while the lowest price estimate is $4.00. However, 1 analyst have rated TUP stock as a Hold in their predictions for 2023.
TRUISM
TRUISM
1年前
Tupperware Announces New CEO, Sees Stock Rise
By Marie Albiges-Oct 18, 2023
LINK
Tupperware named the former CEO of Avon North America, OVME Aesthetics, and Spanx, Laurie Ann Goldman, as its new CEO earlier this week. CNBC reported shares of Tupperware closed 8 percent higher at $2.18 Tuesday following the announcement. In a statement, Tupperware board chair, Susan Cameron, called Goldman "a trusted and growth-oriented leader with extensive management experience in the consumer goods industry.
Now is the right time to bring in new leadership, and Laurie Ann is exceptionally well-suited to advance our long-term strategy and accelerate growth."
Goldman takes the chief executive spot from Miguel Fernandez, who served as Tupperware's CEO for three years before being relieved of his duties by the Tupperware board on Monday. The Florida-based company also named three directors to its board Tuesday.
Total Retail's Take: The shakeup at the plastic food storage company comes at a time when it's struggling to stay afloat. Tupperware said in April there was "substantial doubt about the company's ability to continue as a going concern," adding at the time that it wouldn't have enough cash to fund its operations if it didn't secure additional money.
Tupperware said it was exploring potential layoffs and reviewing its real estate portfolio.
Furthermore, Tupperware is also having to compete with a growing market of plastic-alternative food storage solutions such as the Stasher reusable silicone bags and biodegradable paper packaging. Goldman will have her work cut out for her, including very likely having to make some difficult decisions around workforce and real estate.
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