Tupperware Delays Quarterly Report, Reveals More Material Weakness

Tupperware Brands Corp. won’t make the deadline to issue its first-quarter financial statement as it works on wrapping up its also delayed 10-K and deals with additional material weaknesses in its financial reporting, it disclosed Monday.

The household goods maker said in April that it was trying to correct errors from its year-end 2020 and 2021 financial statements and had substantial doubt about its ability to stay afloat over the next 12 months. Since then, it has identified “additional prior period misstatements and additional material weaknesses in internal control over financial reporting,” the company said in a securities filing on ...