Monthly Archives: November 2022

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Tupperware Q3 Revenue Down 20% To $302 Million

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Tupperware Brands Corporation (NYSE: TUP), a leading global consumer products company, today reported operating results for the third quarter ended September 24, 2022.
Third Quarter 2022 Financial Summary:

Net sales were $302.8 million, a decrease of 20% year over year (or 14% on a constant currency basis), compared to $376.9 million in the prior year period.
Gross profit was $196.6 million, or 64.9% of net sales, compared to $247.9 million, or 65.8% of net sales, in the prior year period
(Loss) income from continuing operations was $(3.8) million, compared to $60.4 million in the prior year period
Diluted (loss) earnings per share from continuing operations was $(0.09), compared to $1.14 in the prior year period
Adjusted diluted earnings per share (non-GAAP) from continuing operations was $0.14, compared to $1.19 in the period year
period
Adjusted EBITDA (non-GAAP, per debt covenant)1 from continuing operations was $29.9 million, compared to $77.7 million in the prior year period
Consolidated Net Leverage Ratio (non-GAAP) was 4.17, within the 4.5 debt covenant limit for the quarter

The Company continues to implement its Turnaround Plan; fixing the core, right sizing the business, divesting non-core assets and
opening new channels of distribution.
“While we are excited to expand the Tupperware ecosystem to have some of our products available at

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Robert Oblon Rebrands Üforia Science To Become NücleoGenex

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Robert Oblon Rebrands Üforia Science to Become NücleoGenex, Unifying the Products, Story and Future of Customized Nutrition.

After joining forces in March of this year, Robert Oblon and his gut health product line and Üforia Science® of the Lacore Ecosystem have become NücleoGenex.
“It’s been an important and necessary move that’s been a huge undertaking,”
says Founder and CEO Robert Oblon.
“Whenever two product lines come together, which is rare in itself, you have to seamlessly unite them together into one complementary system.
More importantly, you have to unify the story, which in this case is a perfect storm, in order to make it easier for affiliates to share the products.”
The NücleoGenex name was born out of the new addition to “Ütrition,” the company’s flagship product, of nucleotides to the base formula, making the already unique product even more unique than ever.
Nucleotides, the building blocks of DNA and RNA cells, are also the key ingredient of Cell Tides, one of the many other gut health products available from the company.
About NücleoGenex
NücleoGenex has been rebranded from Üforia Science, which launched in 2018 and has been a leading brand under the Lacore Ecosystem and is the world’s foremost supplier of DNA-based, personalized nutrition.
Its patented, proprietary

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