As Tupperware (TUP) released its third-quarter earnings report, it saw its shares soar over 35% at market close on Wednesday after seeing a sales growth of 21% in local currency over last year to $477.2 million.

The kithen products company attributed the increase to a fresh idea -- the use of digital tools amid the coronavirus pandemic.

“The 21 percent growth in local currency revenue reported today reflects a rapid adoption of digital tools by our sales force to combat the social restrictions surrounding COVID-19, and the increased consumer demand for our innovative and environmentally friendly products, as more consumers cook at home and are concerned with food safety and storage,” Miguel Fernandez, president CEO at Tupperware, said in a statement.

As more consumers stay home during the pandemic, they have shifted towards cooking their own meals as some restaurants’ and bars’ dining rooms remain closed. The trend toward cooking at home also intensified during stay-at-home orders, forcing consumers to utilize their kitchens for meal preparation.

The adoption of more digital tools helped Tupperware sales of its storage and home prep products online as consumers moved toward online shopping for essentials during the pandemic. Tupperware reported a $31 million write-off of capitalized software implementation in 2020 and a $60 million cost-savings for the quarter.

The company said diluted earnings per share increased by 306% over the third quarter of 2019, up 233% in adjusted earning per share.

Shares of Tupperware were trading at $28.98 as of premarket open, up 18 cents or 0.63%.

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Tupperware stock surged with the release of its Q3 2020 earnings report. A general view of atmosphere at the Shaq and Tupperware Kitchen Playground Challenge on October 3, 2012 in New York City. Getty Images/Cindy Ord/WireImage
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