Tupperware Brands Market Cap Tupperware Brands has a market cap or net worth of $786.37 thousand as of February 7, 2025. Its market cap has decreased by -99.05% in one year.
Tupperware Brands has a market cap or net worth of 711,918. The enterprise value is 720.01 million.
Party Products LLC last week announced it has acquired global rights to the Tupperware brand name, intellectual property and operations in core geographic markets, per a news release.
Tupperware Brands revenue 2018-2022
The revenue of Tupperware Brands with headquarters in the United States amounted to 1.3 billion U.S. dollars in 2022. The reported fiscal year ends on December 30. Compared to the earliest depicted value from 2018 this is a total decrease by approximately 0.77 billion U.S. dollars.
Total debt on the balance sheet as of September 2023 : $0.84 Billion USD. According to Tupperware Brands 's latest financial reports the company's total debt is $0.84 Billion USD.
Laurie Ann Goldman. President and Chief Executive Officer of Tupperware Brands Corporation, since October 2023.
Tupperware, known the world over for its plastic food storage containers, has filed for bankruptcy after years of falling popularity and financial troubles.
Tupperware Brands Overview
The company operates as a multi-brand, multi-category social selling organization with 3.1 million independent entrepreneurs around the world. Headquartered in Orlando, Florida, Tupperware Brands is an industry leader with 13,500 employees and an annual revenue of $1.6 billion.
Vintage Tupperware Price Guide: General Value Range
Complete line sets can sell between about $50 to $75. Salt and pepper shaker set may sell for about $50 up to about $200, depending on their condition. Single pieces in good condition can sell from $5 to $20 or more.
On June 14, 2024, Tupperware announced that it would close its last remaining US manufacturing plant in Hemingway, South Carolina and shift production to their plant in Lerma in Mexico, with the closure to be completed in January 2025.
The Home Parties were an immediate success and in 1958 Earl Tupper was able to sell the company for $16 million. Tupperware spread to England and thence to Europe in the 1960s.
Tupperware® brand products are warranted by Tupperware against chipping, cracking, breaking or peeling under normal non-commercial use for the lifetime of the product. Please contact our Customer Care at 1-800-TUPPERWARE (1-800-887-7379) for assistance or through chat at Tupperware.com.
ORLANDO, Fla.
– The beloved yet beleaguered Orlando-based Tupperware Brands agreed in principle Tuesday to be bought by a lender group that includes Stonehill Capital Management Partners and Alden Global Capital, according to a news release.
Tupperware manufactures its products globally, including in the USA. They also manufacture in China, Brazil, Belgium, France, Greece, India, Japan, Korea, Mexico, Portugal, and South Africa.
Tupperware Brands is headquartered in Orlando, 14901 S Orange Blossom Trl, United States, and has 1 office location.
This is a particular challenge for Tupperware as major competitors like Rubbermaid and Sterilite are readily available at places like Target, Walmart, Amazon. These outlets have each built reputations as places to get whatever you need, at a low price, and often delivered straight to your door.
1940s. Tupperware products are first debuted by chemist Earl S. Tupper in Massachusetts, including the still-iconic Wonderlier® Bowl.
Tupperware has an overall rating of 3.8 out of 5, based on over 886 reviews left anonymously by employees. 64% of employees would recommend working at Tupperware to a friend and 37% have a positive outlook for the business. This rating has improved by 3% over the last 12 months.
Lender groups Stonehill Capital Management Partners and Alden Global Capital will be involved in the private purchase of all Tupperware's intellectual property, including the Tupperware brand and its portfolio of products, in addition to operating assets in the U.S and those owned by foreign subsidiaries.
The simple and practical shape of the containers reflects pure functionality: keeping food fresh, storing it and stacking it. “Tupperware's design is truly unique because it is so simple and straightforward and geared exclusively towards use.”
Tupperware's direct-selling model eventually became a bane for the company. According to its bankruptcy filing, consumers now prefer making purchases in stores or online, and only a small share buy via the direct-selling model. Still, in 2023 some 90% of Tupperware's sales were from direct sales.
Tupperware announced this week that it will close its last remaining U.S. factory in early 2025, laying off 148 employees. Production will shift from South Carolina to Mexico, where the company already has a presence.
Tupperware Name Will Survive Bankruptcy. Tupperware Brands Corp. has filed for bankruptcy as it continues to struggle with declining sales. The company shuttered its last remaining plant in the United States earlier this year to no avail. No mater what happens to the company, the name Tupperware will never go away.