Executives are being peppered with questions on China’s slowing economic expansion, which has helped lift revenues for multinational companies for two decades. These comments were collected by Bloomberg from earnings calls, meetings and conferences this month.
Rick Goings, chairman and chief executive officer, Tupperware Brands Corp.:
“If I was selling cars, I might be concerned.”
“We are in good shape there. Something important to take into consideration is our product category. Maslow’s hierarchy of needs: food, clothing, shelter. We are pretty much right at that core level, so we are able to buttress a lot of external forces there, just because it’s a basic need.” (Jan. 27)