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Tupperware Brands gives Q3 2014 outlook below analysts' estimates; lowers FY 2014 outlook


Wednesday, 23 Jul 2014 07:00am EDT 

Tupperware Brands Corp:Expects Q3 2014 USD sales growth in the range of (2) pct to 0 pct.Q3 2014 GAAP EPS in the range of $0.54 to $0.59.Q3 2014 EPS excluding items in the range of $0.89 to$0.94.Q3 2014 local currency sales growth vs prior year in the range of 3 pct to 5 pct.Q3 2014 FX Impact on EPS excluding items ($0.12) to ($0.12).Q3 2014 net income in the range of $45.2 to $47.9 mln.Expects FY 2014 USD sales growth in the range of (2) pct to 0 pct.FY 2014 GAAP EPS in the range of $4.12 to $4.22.FY 2014 EPS excluding items in the range of $5.40 to $5.50.FY 2014 local currency sales growth vs prior year in the range of 4 pct to 5 pct.FY 2014 FX Impact on EPS excluding items ($0.48) to ($0.48).FY 2014 net income in the range of $275.2 to $280.2 mln.Reported revenue of $603.40 mln in Q3 2013.Q3 2014 revenue of $616.38 mln, net income of $54.23 mln and EPS of $1.07 - Thomson Reuters I/B/E/S.Reported revenue of $2.672 bln in FY 2013.FY 2014 revenue of $2.708 bln, net income of $291.84 mln and EPS of $5.73 - Thomson Reuters I/B/E/S. 

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