Tupperware profits soar as pandemic shut-ins store leftovers
FILE - In this Oct. 30, 2019 file photo, the logo for Tupperware Brands appears above a trading post on the floor of the New York Stock Exchange. Tupperware Brands, on Wednesday, Oct. 28, 2020, posted third quarter profit of $34.4 million, more than quadruple the $7.8 million from the same quarter a year ago. Restaurant pain has turned into Tupperware's gain with millions of people in a pandemic opening cookbooks again and looking for solutions to leftovers. Profit during the most recent quarter quadrupled to $34.4 million, Tupperware reported Wednesday. On Wednesday, Tupperware reported quarterly adjusted earnings of $1.20 per share, triple what Wall Street had expected.