Tupperware points going-concern warning, hires advisers to shore up liquidity

Tupperware Brands Corp. late Friday issued a going-concern warning, saying that it has employed monetary advisers to assist navigate its near-term difficulties.

“Tupperware has embarked on a journey to turn around our operations and today marks a critical step in addressing our capital and liquidity position,” Chief Executive Miguel Fernandez stated in a press release.

“The…

Source web site: www.marketwatch.com

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