February 01, 2013 at 14:45 PM EST
Tupperware CEO Blasts Cheap US Consumers
When a guy whose entire job involves getting you to buy plastic kitchen storage containers calls you cheap it just might be true. As Tom Gara at the Wall Street Journal gleaned from Tupperware (NYSE:TUP) chief executive Rick Goings' Tuesday earnings call he's not exactly happy with the buying habits of the average cheese-product-eating soda-swilling dollar-store-dwelling American. In fact in a quarterly report made available on Seeking Alpha and dominated by the 60% of Tupperware's business from emerging markets in South America and Asia and its growth in European countries like Germany Goings bluntly explained to Bank of America ...
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