Tupperware will close its last US factory [Yahoo! Finance]
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Tupperware Brands Corporation (TUP)
Last tupperware brands corporation earnings: 10/30 07:00 am
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Source: Yahoo! Finance
Orlando-based Tupperware Brands Corp.'s only U.S. factory will close, according to a WARN notice filed by the company on June 11. The 148 workers at the Hemingway, S.C., plant will be laid off on January 14, 2025, due to the site's forthcoming permanent closure, the notice said. ? WATCH CHANNEL 9 EYEWITNESS NEWS The news comes on the heels of an 8K filing with the Securities and Exchange Commission introducing several significant changes and updates to the company's existing financial arrangements — changes that indicate Tupperware (NYSE: TUP) and its lenders are still all in on maintaining the company as a going concern. Read: SATURDAY: Free Juneteenth celebration at Camping World Stadium When in August 2023 Tupperware was at risk of being delisted from the stock market as it sunk beneath a heavy debt load, it began restructuring in earnest, soon hiring Laurie Ann Goldman — formerly of Spanx — as its new president and CEO to lead turnaround efforts. Click here to read the
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News
- Tupperware shutting down last US plant, moving production to Mexico [FOX Business Network]FOX Business Network
- World Market for Glassware to Reach $29 Billion by 2029 - Coffee Mugs Dominate with Their Ubiquitous Presence and Cultural Importance [Yahoo! Finance]Yahoo! Finance
- Reusable Water Bottle Market to Reach $13,549.0 Million, Globally, by 2032 at 4.5% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- New project with 350 apartments near Tupperware HQ takes shape [Yahoo! Finance]Yahoo! Finance
- FFIE and REBN among Consumer Discretionary movers [Seeking Alpha]Seeking Alpha
TUP
Sec Filings
- 6/5/24 - Form 8-K
- 5/30/24 - Form SD
- 5/28/24 - Form 4
- TUP's page on the SEC website