Tupperware warns it could go out of business, says there's 'substantial doubt' it can continue

We test out a viral internet hack to see if it really removes stains from plastic containers.Tupperware warned it could be going out of business, as stock prices continue to fall for the company known for its kitchen and storage containers.

Concerns for Tupperware came after the New York Stock Exchange warned the company's stock could be de-listed because it didn't file an annual report for 2022. While Tupperware said it plans to file a report within the next 30 days, it added"there can be no assurance" it"will be filed at such time."Tupperware said it is reviewing several aspects of its company, including its cash management, real estate portfolio for property available and possible layoffs.

One can only hope that they do considering all of that plastic shit that is in so many homes. If they went out of business just think of all of the fossil fuels that could stay in the ground!

Everyhone knows it's the price of TupperwareWW that is killing them. That was their choice. TooDamnedHigh

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tupperware warns company could go out of businessThe company says it is looking for financing because it doesn’t have enough cash to fund its operations.
Source: cleveland19news - 🏆 70. / 68 Read more »

Tupperware stock plunges after warning it could go out of businessThe container maker said there’s “substantial doubt about the company’s ability to continue as a going concern.”
Source: ladailynews - 🏆 332. / 59 Read more »

Tupperware stock plunges after warning it could go out of businessTupperware shares fell nearly 40% in early trading Monday following a bleak warning that its future is looking murky.
Source: KSLcom - 🏆 549. / 51 Read more »

Tupperware’s stock craters after food-storage company warns it may go bustTupperware Brands Corp.'s stock slid 45% Monday to the lowest level in three years. I guess no more people hosting Tupperware parties
Source: MarketWatch - 🏆 3. / 97 Read more »

Tupperware stock plunges after warning it could go out of business | CNN BusinessThe 77-year-old company planned to grow its business through multiple retail channels -- like Target -- and get its products in front of younger consumers who’ve never even heard of Tupperware parties. That has failed to work so far. surprised they lasted as long as they did after Gladware came to stores decades ago Tupperwhere? 'You still get the free sailboat though'
Source: CNN - 🏆 4. / 95 Read more »