Tupperware Brands
Company Description
Tupperware Brands Corporation is a global direct seller of premium, innovative products across multiple brands and categories through an independent sales force of over 2 million.
Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand as well as beauty and personal care products through its Avroy Shlain, BeautiControl, Fulller, NaturCare, Nutrimetrics, and Nuvo brands.
Bullish Forecasts and Strong Momentum
Analysts polled by Zacks are upbeat on TUP's earnings. The full-year Zacks Consensus Estimate of $2.90 per share is up from $2.66 over the past 60 days. For 2010, analysts are calling for earnings of $3.42, versus the 2 months-ago level of $3.05.
TUP stacks up well against the market, outpacing the S&P 500 by more than 150% over the past year. The company also saw a share price boost on strong third-quarter results, beating the market by about 8% since reporting.
A Stellar Third Quarter
The company reported third-quarter earnings of 54 cents per share, topping the Zacks Consensus Estimate by 29% and surpassing the previous years 47 cents. Sales were up 9% in local currency.
The company also declared a dividend of 25 cents, representing a 14% hike. Tupperware stated that the dividend is payable on January 4 to shareholders of record on December 4.
The company pays an industry-leading dividend yield of 2%.
Favorable Industry Comparisons
The company offers a return on equity of 33%, well above the industry average of 19%. TUPs net profit margin of 8% doubles the industry average of 4%. The aforementioned dividend yield of 2% exceeds the industry average of 0.7%.
Alex Kolb is the Growth & Income Stock Strategist for Zacks.com. He also writes the popular daily commentary column for the ZacksElite.com service.
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| Market Summary | Feb 10, 2010 07:58 am ET |

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