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GAAP diluted earnings per share of $ 0.67 Adjusted diluted earnings per share of $ 0.95 ORLANDO , Fla , August 4 , 2021 - Tupperware Brands Corporation ( NYSE : TUP ) today reported operating results for the second quarter ended June 26 , 2021 . Second Quarter 2021 Financial Highlights ● Tupperware Brands Corporation Successful Turnaround Continues Sales Growth of 17 % in the Second Quarter of 2021 Net sales of $ 464.7 million increased 17 % vs. 2020 , up 10 % in local currency GAAP diluted earnings per share were $ 0.67 compared to $ 1.30 for the second quarter 2020 , which included $ 0.46 of non recurring items in the prior year Adjusted ( ¹ ) diluted earnings per share were $ 0.95 compared to $ 0.84 in 2020 Adjusted EBITDA ( ¹ ) increased 17 % to $ 95.3 million compared to $ 81.3 million in the second quarter of 2020 Debt to EBITDA ( as defined in our Credit Agreements ) ratio was 2.05 vs. 4.91 in the second quarter of 2020 " The double digit sales growth reflects our initial investments and numerous initiatives to create long - term sustainable growth in our core direct selling business , " said Miguel Fernandez , President and Chief Executive Officer of Tupperware Brands . " We are increasing our investments in talent across operations , digital , finance and market leadership to prepare for future business expansion into new channels . " " We continue to successfully implement our Turnaround Plan , " said Sandra Harris , Tupperware Brands ' Chief Financial Officer and Chief Operating Officer . " Sales growth coupled with delivering profit that continues to reflect our rightsizing efforts and lowering our debt and improving EBITDA resulting in a leverage ratio of 2.05 are all further evidence that it is working . " Quarterly Results Second quarter net sales were $ 464.7 million , an increase of 17 % , and 10 % in local currency when comparing second quarters of 2021 and 2020. Average active sales force increased 24 % and productivity was down 11 % . Second quarter 2021 net sales for the segments were : Asia Pacific - Net sales were $ 124.6 million , down 7 % and local currency sales down 14 % from second quarter of 2020 Europe - Net sales were $ 114.4 million , up 26 % and local currency sales up 17 % from second quarter of 2020 North America - Net sales were $ 155.8 million , up 26 % and local currency sales up 17 % from second quarter of 2020 South America - Net sales were $ 69.9 million , up 45 % and local currency sales up 48 % from second quarter of 2020 Net income was $ 35.6 million vs. $ 63.8 million for the second quarter of 2021 and 2020 , respectively . GAAP diluted earnings per share were $ 0.67 vs. $ 1.30 for the second quarter of 2021 and 2020 , respectively . The decrease in net income and GAAP diluted earnings per share was primarily due to prior year gains on extinguishment of debt and sale of property . Adjusted ( ¹ ) diluted earnings per share increased from $ 0.84 to $ 0.95 on improved sales , gross margins and stable selling , general and administrative expenses . Liquidity ( 1 ) See GAAP to non - GAAP financial measures reconciliation section .