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Tupperware Q4 2020 Sales Up 17% Versus Last Year

March 17, 2021 Leave a Comment

Tupperware Brands
Tupperware’s fourth quarter 2020 global sales increased 17% to $489.6 million.  Company also reported that its average active sales force had increased 12% and productivity was up 7%.

At the regional level, sales growth performances were as below:

  • Asia Pacific – Sales $128.4 million, down 1%
  • Europe – Sales $128.5 million, up 10%
  • North America – Sales $154.1 million, up 46%
  • South America – Sales $78.6 million, up 21%

“The results show that our efforts to fix the core business are beginning to take hold as our sales force realize geography is no longer a barrier to reach new customers as they grow their business through social media platforms and digital tools. Additionally, we continue to provide real-time solutions to consumers’ needs to prepare food, minimize food waste and decrease use of single-use items,” said Miguel Fernandez, President and CEO of Tupperware Brands. “As we move into 2021, we believe consumers give us permission to expand product categories, and together with increased access points, allows us to grow our business to match the power of the Tupperware brand.”

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