Overseas focus pays off for Tupperware

Article Excerpt

TUPPERWARE BRANDS CORP. $52 (New York symbol TUP; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 63.1 million; Market cap: $3.3 billion; Price-to-sales ratio: 1.5; Dividend yield: 1.9%; WSSF Rating: Above Average) continues to see strong demand for its plastic food containers and beauty products in Brazil, China, India and other emerging markets. These markets now account for more than half of Tupperware’s sales. In the three months ended March 27, 2010, earnings per share jumped 68.9%, to $0.76 from $0.45 a year earlier. Sales rose 20.4%, to $557.1 million from $462.8 million. Tupperware Brands is a buy. buy…