Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Tupperware Brands Corporation (TUP) Investigation

[ACCESSWIRE]

NEW YORK, NY / ACCESSWIRE / May 24, 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE:TUP). Investors who purchased Tupperware securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/tup.

The investigation concerns whether Tupperware and certain of its officers and/or directors have violated federal securities laws.

On May 4, 2022, Tupperware announced its financial results for the first quarter of 2022. Among other items, Tupperware reported adjusted EPS from continuing operations and net sales that fell well short of consensus estimates. Tupperware also withdrew its full year 2022 guidance and named a new Chief Financial Officer. The Company attributed the poor performance to the conflict in Russia and Ukraine. However, when pressed by analysts on a conference call, the Company acknowledged that Russia and Ukraine only accounted for 2% of its revenue. On this news, Tupperware's stock price fell $5.76 per share, or 32.16%, to close at $35.05 per share on May 4, 2022.

If you are aware of any facts relating to this investigation or purchasedTupperware shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/tup. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]

SOURCE: Bronstein, Gewirtz & Grossman, LLC