Tupperware profits up in third quarter
Posted on October 24, 2012 at 09:47 AM EDT
Tupperware Brands Corp. released its third quarter earnings for 2012 on Wednesday. The Orlando-based maker of home, kitchen and beauty products (NYSE: TUP) reported a profit of $47.5 million, or $0.85 per diluted share, for the third quarter 2012, compared to $10.5 million, or $0.17 per share in third quarter 2011. The company also reported its sales dipped 1 percent during the quarter ended Sept. 29, but sales on a local currency basis were up 6 percent. Tupperware’s revenue fell nearly 1.4…
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