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Tupperware stock craters after company warns its debt burden may force it out of business

Por: MarketWatch Business November 02, 2022

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Sales slowed in Asia Pacific and North America, and were weak in Europe where the Russia war on Ukraine is playing out, he said. China was a disappointment, thanks to COVID-related lockdowns which continue to hurt sales. Those trends were partially offset by growth in South America, but the strong dollar partially offset that positive and is expected to remain a negative going forward. Tupperware was also hurt by actions it’s taking as part of... + full article



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