Since 1975, TUMI has been creating world-class business and travel essentials, designed to upgrade, uncomplicate, and beautify all aspects of life on the move. Blending flawless functionality with a spirit of ingenuity, we’re committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions. Designed in America, for Global Citizens everywhere. The brand is sold in over 260 stores from New York to Paris to London and Tokyo, as well as the world’s top department and specialty stores and travel retail in more than 75 countries.
Company Growth (employees)
Type
Public
HQ
South Plainfield, US
Founded
1975
Size (employees)
1,577 (est)
Website
tumi.com
Tumi was founded in 1975 and is headquartered in South Plainfield, US

Key People at Tumi

Jerome Griffith

Jerome Griffith

CEO, President and Director
Peter Gray

Peter Gray

EVP & General Counsel

Tumi Office Locations

Tumi has offices in South Plainfield, Halifax, Unna, Paris and in 1 other location
South Plainfield, US (HQ)
1001 Durham Ave
Paris, FR
390 Rue Saint Honoré
Halifax, CA
Purdy's Wharf Tower 1 1959 Upper Water St

Tumi Data and Metrics

Tumi Financial Metrics

Tumi's revenue was reported to be $547.7 m in FY, 2015 which is a 4% increase from the previous period.
$, USD

Revenue (FY, 2015)

547.7 m

Revenue growth (FY, 2014 - FY, 2015), %

4%

Gross profit (FY, 2015)

326.9 m

Gross profit margin (FY, 2015), %

60%

Net income (FY, 2015)

63 m

EBIT (FY, 2015)

96.5 m

Cash (31-Dec-2015)

94.6 m
$, USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Revenue

467.4 m527.2 m547.7 m

Revenue growth, %

13%4%

Cost of goods sold

198.6 m221.2 m220.8 m

Gross profit

268.8 m306 m326.9 m

Gross profit Margin, %

58%58%60%

Operating expense total

182.5 m212.5 m230 m

EBIT

86.2 m93.2 m96.5 m

EBIT margin, %

18%18%18%

Interest expense

733 k477 k347 k

Pre tax profit

86.1 m93.8 m97.5 m

Income tax expense

14.4 m19.4 m26.7 m31.5 m35.8 m34.4 m

Net Income

54.6 m58 m63 m
$, USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015

Cash

27.3 m32.7 m32.7 m36.7 m37.6 m52.8 m94.6 m

Accounts Receivable

2.9 m3 m3.5 m

Inventories

6.9 m8.3 m12.1 m

Current Assets

161.7 m192.5 m243.4 m

PP&E

60.9 m79.1 m83.5 m

Goodwill

142.8 m142.8 m142.8 m

Total Assets

506.5 m562.8 m611.9 m

Accounts Payable

33.9 m33.9 m35.8 m

Current Liabilities

70.7 m71 m75.6 m

Additional Paid-in Capital

310.6 m314.2 m317.1 m

Retained Earnings

61.7 m119.7 m182.7 m

Total Equity

480.8 m

Financial Leverage

1.3 x
$, USDFY, 2013FY, 2014FY, 2015

Net Income

54.6 m58 m63 m

Depreciation and Amortization

14.2 m18.2 m21.5 m

Accounts Receivable

(7.9 m)(5.3 m)(751 k)

Inventories

(8.8 m)(11 m)(12 m)

Accounts Payable

5.9 m91 k2 m

Cash From Operating Activities

62.6 m60.5 m81.4 m

Capital Expenditures

(24.8 m)(36.6 m)(30.8 m)

Cash From Investing Activities

(24.8 m)(36.6 m)(30.8 m)

Cash From Financing Activities

(37 m)(8 m)(8.5 m)

Interest Paid

320 k117 k105 k

Income Taxes Paid

26.4 m38 m34.6 m

Free Cash Flow

87.4 m97.1 m112.2 m
$, USDY, 2015

Revenue/Employee

357.8 k

Financial Leverage

1.3 x

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