UPDATE: Tupperware Reports Rise In Q2 Profit

Tupperware Brands Corp TUP reported a rise in its second-quarter profit. Tupperware Brands reported its quarterly profit at $65.1 million, or $1.03 per share, up from $57.9 million, or $0.90 per share, in the year-earlier period. Tupperware's adjusted net income came in at $1.25 per share. Tupperware's sales climbed to $669.9 million, from $565.1 million. However, analysts were expecting earnings of $1.17 per share on revenue of $640.3 million. Tupperware projects Q3 adjusted profit of $0.79 to $0.84 per share, versus analysts' estimates of $0.83 per share. Tupperware shares gained 0.38% to close at $71.40 yesterday.