Tupperware Brands Corporation (TUP) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
14901 S ORANGE BLOSSOM TRAIL ORLANDO, FL 32837-6600 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3089 - Plastics Products, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q1 | 3/31/2022 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 118,000 | 116,700 | 110,100 | 102,900 | 118,800 | 245,600 | |||
| Cash and cash equivalents | 118,000 | 116,700 | 110,100 | 102,900 | 118,800 | 245,600 | |||
| Restricted cash and investments | 5,800 | 5,700 | 4,100 | ||||||
| Receivables | 92,700 | 99,000 | 80,200 | 97,500 | 119,100 | 117,700 | |||
| Inventory, net of allowances, customer advances and progress billings | 181,600 | 196,700 | 217,600 | 249,700 | 244,100 | 246,200 | |||
| Inventory | 181,600 | 196,700 | 217,600 | 249,700 | 244,100 | 246,200 | |||
| Disposal group, including discontinued operation | 7,600 | 7,800 | |||||||
| Other undisclosed current assets | 27,300 | 19,900 | 19,600 | 32,800 | 25,400 | 22,500 | |||
| Total current assets: | 425,400 | 438,000 | 431,600 | 482,900 | 515,000 | 639,800 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 4,500 | 5,600 | 6,100 | ||||||
| Operating lease, right-of-use asset | 68,300 | 67,900 | 69,100 | 70,200 | 75,600 | 74,100 | |||
| Nontrade receivables | 26,900 | 36,600 | 35,700 | ||||||
| Property, plant and equipment | 149,600 | 153,200 | 159,300 | ||||||
| Long-term investments and receivables | 3,500 | 4,500 | 4,900 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 3,500 | 4,500 | 4,900 | ||||||
| Intangible assets, net (including goodwill) | 1,000 | 38,600 | 40,300 | 42,200 | |||||
| Goodwill | 38,600 | 40,300 | 42,200 | ||||||
| Intangible assets, net (excluding goodwill) | 1,000 | ||||||||
| Restricted cash and investments | 7,100 | 5,900 | 6,000 | ||||||
| Disposal group, including discontinued operation, noncurrent assets | 500 | 6,300 | 15,300 | 16,500 | |||||
| Deferred income tax assets | 194,100 | 192,300 | 198,100 | ||||||
| Other noncurrent assets | 12,800 | 13,300 | 20,600 | 106,300 | 100,900 | 98,600 | |||
| Accounts receivable, excluding accrued interest, after allowance for credit loss | 4,500 | 3,700 | 5,600 | ||||||
| Other undisclosed noncurrent assets | 168,800 | 166,400 | 169,500 | 8,400 | 3,200 | 3,800 | |||
| Total noncurrent assets: | 288,900 | 300,100 | 312,000 | 570,700 | 590,900 | 603,600 | |||
| TOTAL ASSETS: | 714,300 | 738,100 | 743,600 | 1,053,600 | 1,105,900 | 1,243,400 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 237,300 | 257,800 | 285,500 | 355,100 | 358,600 | 365,400 | |||
| Accounts payable | 63,100 | 74,000 | 78,800 | 108,600 | 97,200 | 105,300 | |||
| Accrued liabilities | 174,200 | 183,800 | 206,700 | 246,500 | 261,400 | 260,100 | |||
| Debt | 754,800 | 747,100 | 709,800 | 13,000 | 12,400 | 10,600 | |||
| Disposal group, including discontinued operation | 6,300 | 6,900 | 6,600 | 6,700 | 16,700 | 132,100 | |||
| Other undisclosed current liabilities | 3,300 | 5,600 | |||||||
| Total current liabilities: | 1,001,700 | 1,017,400 | 1,001,900 | 374,800 | 387,700 | 508,100 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 3,500 | 3,400 | 3,100 | 687,800 | 688,200 | 799,200 | |||
| Other undisclosed long-term debt and lease obligation | 3,500 | 3,400 | 3,100 | 635,900 | 631,100 | 743,700 | |||
| Liabilities, other than long-term debt | 165,900 | 167,500 | 168,400 | 114,500 | 132,000 | 146,700 | |||
| Deferred income tax liabilities | 28,300 | 28,200 | |||||||
| Liability, pension and other postretirement and postemployment benefits | 51,800 | 50,700 | 50,900 | ||||||
| Disposal group, including discontinued operation, liabilities | 600 | 800 | 1,000 | 1,000 | 8,500 | 18,800 | |||
| Other liabilities | 32,700 | 34,200 | 62,800 | 113,500 | 123,500 | 127,900 | |||
| Operating lease, liability | 52,500 | 53,600 | 53,700 | 51,900 | 57,100 | 55,500 | |||
| Other undisclosed noncurrent liabilities | 51,900 | 57,100 | 55,500 | ||||||
| Total noncurrent liabilities: | 169,400 | 170,900 | 171,500 | 854,200 | 877,300 | 1,001,400 | |||
| Total liabilities: | 1,171,100 | 1,188,300 | 1,173,400 | 1,229,000 | 1,265,000 | 1,509,500 | |||
| Equity | |||||||||
| Equity, attributable to parent | (456,800) | (450,200) | (429,800) | (175,400) | (159,100) | (266,100) | |||
| Common stock | 600 | 600 | 600 | 600 | 600 | 600 | |||
| Treasury stock, value | (804,600) | (855,700) | (912,800) | (913,900) | (914,800) | (915,500) | |||
| Additional paid in capital | 201,900 | 204,200 | 208,400 | 207,400 | 208,700 | 197,400 | |||
| Accumulated other comprehensive loss | (572,500) | (595,000) | (613,300) | (602,100) | (570,200) | (673,900) | |||
| Retained earnings | 717,800 | 795,700 | 887,300 | 1,132,600 | 1,116,600 | 1,125,300 | |||
| Total equity: | (456,800) | (450,200) | (429,800) | (175,400) | (159,100) | (266,100) | |||
| TOTAL LIABILITIES AND EQUITY: | 714,300 | 738,100 | 743,600 | 1,053,600 | 1,105,900 | 1,243,400 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q1 | 3/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 276,300 | 292,400 | 312,700 | 302,800 | 340,400 | 348,100 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (104,400) | (117,800) | (117,900) | (106,200) | (119,700) | (126,100) | ||
| Gross profit: | 171,900 | 174,600 | 194,800 | 196,600 | 220,700 | 222,000 | ||
| Operating expenses | (153,200) | (170,100) | (229,300) | (180,800) | (195,900) | (204,500) | ||
| Operating income (loss): | 18,700 | 4,500 | (34,500) | 15,800 | 24,800 | 17,500 | ||
| Nonoperating income (expense) | (18,000) | (14,500) | 19,800 | (300) | 500 | (3,600) | ||
| Investment income, nonoperating | 2,200 | 2,300 | 2,500 | 1,300 | 1,200 | 700 | ||
| Other nonoperating income (expense) | (20,200) | (16,800) | 17,300 | (1,600) | (700) | (4,300) | ||
| Interest and debt expense | (21,700) | (20,100) | (21,800) | (8,300) | (6,000) | (4,600) | ||
| Income (loss) from continuing operations before income taxes: | (21,000) | (30,100) | (36,500) | 7,200 | 19,300 | 9,300 | ||
| Income tax expense | (9,100) | (9,400) | (213,600) | (11,000) | (14,800) | (6,800) | ||
| Income (loss) from continuing operations: | (30,100) | (39,500) | (250,100) | (3,800) | 4,500 | 2,500 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 17,500 | 7,100 | 2,500 | |
| Income (loss) from discontinued operations | 1,300 | 800 | (20,300) | 21,300 | 2,600 | |||
| Net income (loss): | (28,800) | (38,700) | (270,400) | 17,500 | 7,100 | 2,500 | ||
| Other undisclosed net income (loss) attributable to parent | (1,000) | (800) | 20,000 | (700) | (5,900) | (2,600) | ||
| Net income (loss) available to common stockholders, diluted: | (29,800) | (39,500) | (250,400) | 16,800 | 1,200 | (100) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q1 | 3/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (28,800) | (38,700) | (270,400) | 17,500 | 7,100 | 2,500 | ||
| Other comprehensive income (loss) | (800) | (31,900) | 103,700 | 14,000 | ||||
| Other undisclosed comprehensive loss | (85,800) | |||||||
| Comprehensive income (loss): | (28,800) | (39,500) | (356,200) | (14,400) | 110,800 | 16,500 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 21,500 | 18,300 | 112,300 | (700) | (5,900) | (2,600) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (7,300) | (21,200) | (243,900) | (15,100) | 104,900 | 13,900 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.