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UBS Global Consumer and Retail Conference
Tricia Stitzel President and CEO
March 6, 2019
Consumer and Retail Conference Tricia Stitzel President and CEO - - PowerPoint PPT Presentation
UBS Global Consumer and Retail Conference Tricia Stitzel President and CEO March 6, 2019 DRAFT DRAFT DRAFT Forward Looking Statements We are making some forward looking statements today that use words like outlook or target or
DRAFT DRAFT DRAFT
UBS Global Consumer and Retail Conference
Tricia Stitzel President and CEO
March 6, 2019
DRAFT DRAFT Forward Looking Statements
We are making some forward looking statements today that use words like “outlook” or “target” or similar predictive words. Such forward looking statements involve risks and uncertainties detailed in our recent periodic reports as filed in accordance with the Securities and Exchange Act of 1934. These risks and uncertainties may cause actual results to differ materially from our statements today.
Visit www.tupperwarebrands.com
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Americas*
Asia Pacific
*Americas includes North America, 24%, and South America, 18%.
Europe
Share of 2018 Sales
44% in 2006 20% in 2006 36% in 2006
1.3 million sales force 0.7 million sales force 1.0 million sales force
OF SALES
COMES FROM EMERGING MARKETS
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$200 $200+M
Brazil
$200 $200+M
U.S. & Canada
$100 $100+M
Fuller Mexico
$100 $100+M
Tupperware Mexico
$100 $100+M
Germany
$100 $100+M
Indonesia
$200 $200+M
China
Units with over $100MM Sales in 2018
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FOOD CONSERVATION MOVE / ON THE GO
Award-Winning Innovative Product Designs
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INNOVATION WOW Moments QUALITY, DURABILITY Eco Story RELATIONSHIPS Community DEMONSTRATION Personal, Connected, Service
WE WE HAVE P VE POWERF WERFUL SO SOURCES CES OF CO COMPE PETIT TITIVE IVE AD ADVANT ANTAGE
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VALUE SEGMENT PREMIUM SEGMENT
Diversified Product Strategy Targeted to Both Emerging and Established Markets
$90 <$25
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VALUE SEGMENT PREMIUM SEGMENT
Diversified Product Strategy Targeted to Both Emerging and Established Markets
$75 $25
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Recruit New Sellers Onboarding & Training Leadership Development
GROW THE SALES FORCE FORCE
Meetings & Events Group Demonstration Recognition & Rewards
SUPPORT CONSISTENT ACTIVITY
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Every country has an aspirational leadership
for all stakeholders.
products to consumers with minimal administration and no logistics required.
consistently engaged and confident Sales Force. Our Destination i ii iii
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Every country has an aspirational leadership
for all stakeholders.
products to consumers with minimal administration and no logistics required.
consistently engaged and confident Sales Force. Our Destination i ii iii Leaders primary role is sales, marketing and leadership development Required Transformation Deploy technology to make the Sales Force and consumer experience frictionless. Tupperware responsible for all administration and logistics related to processing & delivering orders to the Sales force and consumer. Leaders primary role is sales, marketing and leadership development. Transition Distributor locations to dense residential areas (from industrial areas).
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Streamline infrastructure 15 Implement min. admin & no logistics model in Continental Europe Model changes & enhanced earning
Europe Asia Pacific
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LOCATIONS
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INTERIOR
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Enhancing our Digital S Strategy
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Enhancing our Digital S Strategy TUP SOCIAL CAPABILITIES
Content
Sales Force Social Networks
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Online Presence Sales Force Systems Digital Engagement Enterprise Systems
Making More Connections Through Online Visibility and Digital Marketing
Enables SF to track their sales activity Enables employees & company to function more efficiently Enables sales force to connect with consumers Enables consumer to access the sales force and products
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Tupperware’s geographically targeted Mobile applications drive customer sales and sales force efficiency – in 27 units. Applications enable:
Customers to easily to order products online and offline
Customers to browse online catalogs
Sales Force to easily manage events
Sales Force to easily track trainings and business opportunities
Enhancing our Digital Digital Strategy: Rolling Out Mobile Applications Worldwide
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Online Presence
Global Corporate Websites Sales Force Webshops
launched in Europe
Extend Our Reach with a full
suite of digital marketing strategies
Enhance and diversify online presence
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DRINKING SOLUTIONS CHEF COOKING FAST MICROWAVE STEAMING OVENWARE
Access More Customers with Demonstration Selling
KITCHEN ESSENTIALS KITCHEN ESSENTIALS MOVE / ON THE GO FOOD CONSERVATION
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Access More Customers with Demonstration Selling
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Access More Customers with Demonstration Selling
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Access More Customers with Modern Products & Demonstration Selling
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Access More Customers with Demonstration Selling
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Increase visibility through studio expansion
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Growing from around 300 studios in 10 markets to
Targeted Studio Expansion
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Accelerating our Transform rmation: Redeploying $80 million million in in annual annual cash cash flo flow w to to advance advance pr prog
ess
Sales force size and activity growth
Mid-single digit local currency sales growth - 2022
$50MM Savings
In Invest st
$100MM MM
Asia Pacific – enhanced sales force earnings and business models Europe - streamline internal
Europe - contemporized service model
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Investing in the business, maintaining a strong balance sheet and commitment to dividend
Fund Transformation Initiatives - $100M through 2022 Dividends 27 cents per share quarterly Reduce debt to below 2x/EBITDA Potential Share Repurchases up to $100 million in 2019
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P/E and Dividend Yield Comparison: As of 3/4/19
Opportunity for P/E Expansion and Competitive Shareholder Return
P/E+ Annualized Dividend Yield++
Tupperware 7.0 3.7% Compensation Peers Group (All) 23.2 2.3% Compensation Peers Small/Med Capitalization Companies* S&P 400 Mid Cap** 16.6 1.9% S&P 400 Mid Cap Consumer 12.9 1.7% Discretionary** 2.4% 17.3
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Strong Global Brand Diversified Portfolio for Sustainable Performance Opportunities for Sales Growth and P/E Expansion Competitive Return of Capital to Shareholders