Tupperware Brands Receives NYSE Notice Regarding Late 2023 10-K Filing
Portfolio Pulse from Benzinga Newsdesk
Tupperware Brands Corporation (TUP) received a notice from the NYSE for not filing its 2023 10-K financial statements on time. The company, which recently engaged KPMG LLP as its new auditor, has until September 29, 2024, to file the report and regain compliance. The NYSE notice does not immediately affect TUP's stock listing.
April 19, 2024 | 8:19 pm
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Tupperware Brands Corporation received a NYSE notice for not timely filing its 2023 10-K, with a deadline until September 29, 2024, to regain compliance.
Receiving a notice from the NYSE for late filing can negatively impact investor confidence and potentially the stock price in the short term. The situation puts pressure on Tupperware to complete its financial audit and filings within the given timeframe to avoid further regulatory issues and potential delisting. The involvement of a new auditor, KPMG LLP, indicates progress, but the delay and the regulatory notice could still lead to negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100