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Tupperware issues going-concern warning, hires advisers to shore up liquidity

Published: April 7, 2023 at 5:56 p.m. ET Iconic consumer-products company ’embarked on a journey’ to turn around operations A Tupperware party in Lyon, France. The consumer-products company issued a going-concern warning. AFP via Getty Images Tupperware Brands Corp. late Friday issued a going-concern warning, saying that it has hired financial advisers to help navigate
Financial Press

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tupperware-issues-going-concern-warning,-hires-advisers-to-shore-up-liquidity

Iconic consumer-products company ’embarked on a journey’ to turn around operations

A Tupperware party in Lyon, France. The consumer-products company issued a going-concern warning.

AFP via Getty Images

Tupperware Brands Corp. late Friday issued a going-concern warning, saying that it has hired financial advisers to help navigate its near-term difficulties.

“Tupperware has embarked on a journey to turn around our operations and today marks a critical step in addressing our capital and liquidity position,” Chief Executive Miguel Fernandez said in a statement.

“The…

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