ORLANDO, Fla., Nov. 8, 2019
/PRNewswire/ -- (NYSE: TUP) Tupperware Brands
Corporation today announced that its Board of Directors has decided
to suspend the Company's quarterly common dividend. The Capital
Allocation Committee of the Board and management are working
together to improve financial flexibility and drive profitability
in the short term.
Safe Harbor Statement
Statements contained in this
release that are not historical fact are forward-looking
statements. These forward-looking statements and related
assumptions involve risks and uncertainties that could cause actual
results and outcomes to differ materially from any views expressed
herein. These risks and uncertainties include risks detailed in the
Company's periodic reports as filed in accordance with the
Securities Exchange Act of 1934, as amended.
Tupperware Brands Corporation, through an independent
sales force of 3.1 million, is the leading global marketer of
innovative, premium products across multiple brands utilizing
social selling. Product brands and categories include
design-centric preparation, storage and serving solutions for the
kitchen and home through the Tupperware brand and beauty and
personal care products through the Avroy Shlain, Fuller Cosmetics,
NaturCare, Nutrimetics, and Nuvo brands.
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SOURCE Tupperware Brands Corporation