Tupperware Brands has raised concerns about its ability to continue as a going concern for at least a year due to inadequate liquidity. The company forecasts insufficient funds to support operations, leading to warnings of potential bankruptcy. Tupperware has delayed filing its annual results for FY2023, citing an accountant shortage and uncertainty regarding completion timing. The iconic brand, known for its plastic food containers, faces challenges amid slumping demand, jeopardizing its nearly 80-year legacy. With around 11,000 employees, Tupperware's future remains uncertain as it grapples with financial instability and liquidity issues.
πΊπΈ Tupperware warns it could go out of business over liquidity problems https://t.co/gyk5Ee6FBe
π¬π§ End of the Tupperware party? After almost 80 years, the iconic brand famous the world over for its plastic food containers warns it may not survive another one https://t.co/YfxHCF6dEM
πΊπΈ Tupperware delays filing annual results amid accountant shortage https://t.co/5N3jjK9MJl
Tupperware warns of bankruptcy: Tupperware Brands $TUP warned it was not certain its business could continue as a going concern and faced a liquidity crunch due to slumping demand for its iconic food storage containers. https://t.co/o7Jn8FCbDY
Iconic Tupperware flags doubts about ability to continue https://t.co/RMQ1SZdcd9 https://t.co/3r7La0MxNU
End of the Tupperware party? After almost 80 years, the iconic brand famous the world over for its plastic food containers warns it may not survive another one https://t.co/vlKJ3NXio3 https://t.co/aEsiezrC85
Tupperware warns it could go out of business over liquidity problems, in an SEC filing made today, delays 10K filing for FY2023 βthere can be no assurance with respect to the timing of completion of the filing.β Tupperware employs around 11,000 people. #MacroEdge
Tupperware Delays Filing Annual Results Amid Accountant Shortage https://t.co/wiSWuVK7zP via @WSJ @markgmaurer @BenGlickman
Tupperware warns it could go out of business over liquidity problems https://t.co/MIDxG3bYUV https://t.co/ycMQ3EVtvo
Tupperware sounds another warning for investors with more filing delays https://t.co/dWIroghFL2
Tupperware flags doubts to continue amid inadequate liquidity https://t.co/K59fo0dn7i https://t.co/pvB8qttOnt
β οΈ TUPPERWARE FLAGS DOUBTS TO CONTINUE AMID INADEQUATE LIQUIDITY Full Story β https://t.co/dCMYWWAlzL Tupperware Brands flagged doubts about the ability to continue as a going concern for at least a year and forecast inadequate liquidity to fund operations, the seller ofβ¦