Tupperware posts higher profit in first quarter

Tue Apr 22, 2008 11:06pm BST
[-] Text [+]

LOS ANGELES (Reuters) - Tupperware Brands Corp (TUP.N: Quote, Profile, Research) said on Tuesday that first-quarter net profit rose, helped by a 19 percent increase in revenues.

The company, whose food storage containers are sold at in-home parties, said that quarterly net profit was $32.1 million, or 51 cents per share, compared with $19.6 million, or 32 cents per share, a year earlier.

(Reporting by Alexandria Sage, editing by Richard Chang)