Preliminary Full Year 2022 Financial Summary* • Net sales were $1,305.6 million, a decrease of 18% year over year (or 14% on a constant currency basis) • Gross profit was $836.4 million, or 64.1% of net sales • Loss from continuing operations was $28.4 million • Diluted (loss) earnings per share from continuing operations was $(0.62) • Adjusted diluted (loss) earnings per share (non-GAAP) from continuing operations was $0.46 • Adjusted EBITDA (non-GAAP) from continuing operations was $124.0 million • Consolidated Net Leverage Ratio was 4.88x at December 31, 202
wow... yes, they aren’t doing so badly.
I actually worked at a manufacturing plant owned by Tupperware back in the late 1980’s. They were terrible at building new plants. Very wasteful with their spending. The plant was WAY over-designed. The pumps had so many interlocks on them, we couldn’t run them more than 30 minutes when we first started up.
They eventually sold the plant to BP. Their engineers literally couldn’t believe what they found.
wow... yes, they aren’t doing so badly.
I actually worked at a manufacturing plant owned by Tupperware back in the late 1980’s. They were terrible at building new plants. Very wasteful with their spending. The plant was WAY over-designed. The pumps had so many interlocks on them, we couldn’t run them more than 30 minutes when we first started up.
They eventually sold the plant to BP. Their engineers literally couldn’t believe what they found.