Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Tupperware Corp. (TUP) has provided an update.
A company has been notified by the NYSE of non-compliance due to its delay in filing the annual report (Form 10-K) for 2023, with six months to rectify the situation. The delay is attributed to material weaknesses in internal controls and significant turnover in the accounting department, which has led to a loss of continuity and resource strain. The company, now engaging KPMG for audit purposes, is working on the issues and expects to file within the six-month period but cannot provide a specific date. It has regained compliance with NYSE’s market capitalization and stock price requirements but remains under a twelve-month review. The company’s statements about future compliance are forward-looking and subject to various factors, including the timely completion of financial statements and audits.
For detailed information about TUP stock, go to TipRanks’ Stock Analysis page.
