Tupperware Profits Soar as Pandemic Shut-Ins Store Leftovers

Tupperware relied on social gatherings for explosive growth in the mid 20th century. In the 21st century, it is social distancing that is fueling sales.

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FILE - In this Oct. 30, 2019 file photo, the logo for Tupperware Brands appears above a trading post on the floor of the New York Stock Exchange. Tupperware Brands, on Wednesday, Oct. 28, 2020, posted third quarter profit of $34.4 million, more than quadruple the $7.8 million from the same quarter a year ago. (AP Photo/Richard Drew)
Image via AP Photo/Richard Drew

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

SILVER SPRING, Md. (AP) — Tupperware relied on social gatherings for explosive growth in the mid 20th century. In the 21st century, it is social distancing that is fueling sales. Restaurant pain has turned into Tupperware’s gain with millions of people in a pandemic opening cookbooks again and looking for solutions to leftovers. They’ve found it again in Tupperware, suddenly an “it brand” five decades after what seemed to be its glory days. The company…

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