U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for […]
USANA Health Sciences, Inc. (NYSE: USNA) and Tupperware (NYSE: TUP) have announced financial results for the third quarter of 2018. USANA USANA net sales were $296.8 million, compared with $261.8 million in the prior-year period, a 13.4 percent increase year-over-year. The company’s skin and personal care product category contributed approximately $9.5 million in incremental sales for the quarter. The company’s total […]
Tupperware Brands Corporation recently announced that following a successful 25-year career with the company, Michael S. Poteshman plans to retire from his role as executive vice president and chief financial officer (CFO). Poteshman will continue in his role until March 1, 2019, following the company’s fiscal year 2018 financial closing process. Poteshman joined the company’s former parent company, Premark International, Inc. […]
The stocks of the six publicly traded direct selling companies we follow that are listed in the U.S., Herbalife Nutrition (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), on balance continued their strong run in the Q2. Through the first six months of the year, our proprietary Lane […]
Orlando, Fla.-based Tupperware Brands Corporation released its 2016–2017 corporate social responsibility (CSR) report detailing its latest efforts to make a lasting effect on the lives of women globally and to reduce environmental impact. “At Tupperware Brands, we recognize our responsibility as a global leader to play an active role in the lives of our 3 […]
Tupperware Brands, the Orlando, Florida-based direct seller of storage and serving solutions and personal care products, recently announced that it is expanding its Global Links program into Brazil. The program, which is in partnership with Rollins College and the U.S. Department of State’s Office of Global Women’s Issues, is designed to build capacity for women’s […]
Tupperware Brands yesterday announced changes to its executive leadership team. “As Tupperware Brands turns a new page in its iconic history, we do so with a Global Growth Strategy and Purpose that is clear and focused,” said Tricia Stitzel, president and chief executive officer. “To execute our strategy and fulfill our purpose of enriching lives […]
Orlando, Fla.-based Tupperware Brands today reported its financial result for the second quarter of 2018. Net sales were $535.4 million, down 7 percent (4% local currency), including a 2-point impact from the 2017 closure of Beauticontrol and the combination of the NaturCare and Tupperware businesses in Japan. Emerging markets, accounting for 71 percent of sales, were down 5 […]
The six publicly traded direct selling companies we follow, whose stocks are listed in the U.S., Herbalife (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), began 2018 in much the same fashion as how they exited 2017. On balance, trends continue favorable. In aggregate, on an equal weighted […]
Photo: International Space station orbiting Earth. According to a recent Forbes report, consumer food container company Tupperware Brands is playing an integral role in helping NASA develop a new plant growing system aboard the International Space Station (ISS). On April 2, the SpaceX Dragon spacecraft made its 14th resupply to the ISS. One area of scientific research for […]
Douglas M. Lane, CFA, is a securities analyst with more than 20 years of experience covering companies that employ the direct selling business model. He leads a boutique equity research firm, Lane Research, focusing on those companies. His website is www.laneres.com, and he can be reached at doug@laneres.com. The six publicly traded direct selling companies […]
Tupperware Brands Corp.’s Board of Directors has elected Patricia A. Stitzel to the position of president and CEO, effective May 9, 2018. Stitzel will succeed current Tupperware CEO Rick Goings, who will serve as executive chairman and focus on the successful transition and leadership of the company’s purpose-centered initiatives. Stitzel has served as the company’s […]
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