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Chicago Sun-Times
Chicago Sun-Times
National
Jordan Mendoza | USA Today

With its stock price tumbling, Tupperware warns it could go out of business

Tupperware Neil Saunders
Tupperware products are offered for sale at a retail store on April 10, 2023, in Chicago. Tupperware stock closed down nearly 50 percent Monday after the company warned that it may go out of business. (Getty)

Tupperware warned it could be going out of business, as stock prices continue to fall for the company known for its kitchen and storage containers. 

Founded in 1946, the company said there is “substantial doubt about the company’s ability to continue as a going concern” in a regulatory filing filed last Friday, adding Tupperware has engaged with financial advisors to find financing to keep the company in business. 

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