Tumi Holdings (TUMI) Tops Q2 EPS by 6c; Guides In-Line

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Tumi Holdings Announces Financial Results for the Second Quarter 2015

August 5, 2015 4:01 PM EDT

SOUTH PLAINFIELD, N.J.--(BUSINESS WIRE)-- Tumi Holdings, Inc. (NYSE: TUMI), the leading global brand of premium travel, business and lifestyle products and accessories, today announced its financial results for the second quarter ended June 28, 2015.

Jerome Griffith, Chief Executive Officer and President, commented, Our strong financial results in the second quarter were driven by sales growth of 11%, gross margin expansion of 100 basis points, operating income growth of 27%, and net income growth of 37%. Our performance was led by strength in our retail business worldwide, as well as the continued momentum in our international... More