Tupperware Brands Corporation reported earnings results for the second quarter and six months ended July 01, 2023. For the second quarter, the company reported sales was USD 276.3 million compared to USD 339.7 million a year ago. Net loss was USD 29.8 million compared to net income of USD 8.3 million a year ago. Basic loss per share from continuing operations was USD 0.65 compared to basic earnings per share from continuing operations of USD 0.25 a year ago. Diluted loss per share from continuing operations was USD 0.65 compared to diluted earnings per share from continuing operations of USD 0.24 a year ago. Basic loss per share was USD 0.64 compared to basic earnings per share of USD 0.18 a year ago. Diluted loss per share was USD 0.64 compared to diluted earnings per share of USD 0.17 a year ago.
For the six months, sales was USD 568.7 million compared to USD 686.8 million a year ago. Net loss was USD 69.3 million compared to net income of USD 12.2 million a year ago. Basic loss per share from continuing operations was USD 1.53 compared to basic earnings per share from continuing operations of USD 0.39 a year ago. Diluted loss per share from continuing operations was USD 1.53 compared to diluted earnings per share from continuing operations of USD 0.36 a year ago. Basic loss per share was USD 1.52 compared to basic earnings per share of USD 0.26 a year ago. Diluted loss per share was USD 1.52 compared to diluted earnings per share of USD 0.24 a year ago.