Tupperware Brands Reports Record First Quarter 2011 Results Ahead of Guidance

Tupperware Brands Corporation TUP today reported record first quarter 2011 sales and profit, with a sales increase in local currency of 10%, over an 11% increase in 2010, before a positive impact from foreign exchange rates of 4%. This resulted in record reported sales that were 14% above the first quarter of 2010. The Company estimates that the 10% local currency sales increase includes, under the Company's fiscal year, a positive 6% to 7% impact from an extra week in the first quarter of the current year.