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Tupperware: 2Q Earnings Snapshot

Associated Press
Updated

ORLANDO, Fla. (AP) _ Tupperware Brands Corp. (TUP) on Wednesday reported second-quarter net income of $39.4 million.

On a per-share basis, the Orlando, Florida-based company said it had net income of 81 cents. Earnings, adjusted for one-time gains and costs, were 98 cents per share.

The direct seller of plastic storage containers and cosmetics posted revenue of $475.3 million in the period.

Tupperware expects full-year earnings in the range of $3.45 to $3.60 per share.

Tupperware shares have fallen 44% since the beginning of the year. The stock has declined 57% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TUP at https://www.zacks.com/ap/TUP