Tupperware Brands Corporation (NYSE: TUP) sells
household goods, beauty items and personal care products. Kitchen and home items are Tupperware branded. Beauty and personal care brands include Avroy Shlain, BeautiControl, Fuller, NaturCare, Nutrimetics, Nuvo and Swissgarde. Goods are marketed by a sales force of 2.1 million independent contractors, who take orders for items presented to small gatherings of customers they know. Other sales channels involve the Internet, infomercials and mall kiosks. The firm operates in nearly 100 countries.
Tupperware surprised the Street late last month, with Q4 EPS of 93 cents and revenues of $576.9 million. Analysts had been expecting 80 cents and $532.1 million. Management also guided Q1 EPS to 44-49 cents (43 cent consensus), FY08 EPS to $2.50-$2.60 ($2.32 consensus) and FY08 revenues to $2.14-$2.18 billion ($2.04B consensus).
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