Tupperware Taps KPMG as Auditor as Company Fights to Stay Listed

Jan. 29, 2024, 3:59 PM UTC

Embattled Tupperware Brands Corp. has hired KPMG LLP to vet its financial statements almost three months after its auditor of 28 years quit amid a tumultuous period for the food storage container business.

Tupperware hired the Big Four auditor on Jan. 24, it said in a Monday securities filing. PricewaterhouseCoopers LLP, which had audited the direct-sales company since 1995, told the company in October that it didn’t want to continue.

Known for its iconic food storage containers and home-based sales parties, Tupperware has been struggling with weak sales, a sliding stock price, and threats of getting de-listed from ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.