Tumi Holdings (TUMI) Tops Q3 EPS by 1c

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Tumi Holdings Announces Financial Results for the Third Quarter 2015

November 4, 2015 4:05 PM EST

Announces $150 million Share Repurchase Program

Highlights:

Net sales increased 4.4% to $136.0 million on a constant currency basis compared to $130.2 million for the same period last year. On a reported basis, net sales increased 0.6% to $131.0 million Gross margin increased to 60.5% compared to 58.6% for the same period last year Earnings per share increased 16.5% to $0.24 on a constant currency basis compared to $0.21 for the same period last year. On a reported basis, earnings per share increased 6.8% to $0.22. Announces authorization for... More