Tupperware Shares Fall Sharply as Chinese Economy Cools

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Tupperware Shares Fall Sharply as Chinese Economy Cools
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Tupperware shares fall 18% as the company grapples with a consumer pullback in China and Brazil

Tupperware Brands Corp. is grappling with a consumer pullback in key overseas markets and struggling to hold on to the most active dealers of its products around the world.

Shares fell 18% on Wednesday after the company said its sales and profit dropped in the second quarter. It also cut its financial forecast for the full year.

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