Wednesday, July 23, 2014

Adding More TUP

TUP is getting hammered today, the stock is down over 9%.   At $76.50/share, the dividend yield is over 3.5%.  I currently have a 2/3 position, so will add another 1/3 to establish a full position.  They missed earnings by a penny, and missed revenue targets by around $13 million.  I've read the entire earnings press release here:

http://seekingalpha.com/pr/10544765-tupperware-brands-reports-second-quarter-results

Not a great quarter, but not a disaster either.  I'm using the dip to add.

Best,

Chump

2 comments:

  1. Opened a 1/3 position today on TUP, thanks!

    ReplyDelete
  2. I opened a position in TUP too!
    Chump - I sent you a message on SA - Please read.
    Bexpo

    ReplyDelete