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 locations
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 Metrics

Tumi Financial Metrics

Revenue (2015)

$547.7 m

Revenue growth (2014-15), %

4%

Gross profit

$326.9 m

Gross profit margin (2015), %

60%

Net income (2015)

$63 m

Cash (31-Dec-2015)

$94.6 m
Tumi's revenue was reported to be $547.7 m in FY, 2015 which is a 3.9% increase from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Revenue

$467.4 m$527.2 m$547.7 m

Revenue growth, %

13%4%

Cost of goods sold

$198.6 m$221.2 m$220.8 m

Gross profit

$268.8 m$306 m$326.9 m

Gross profit Margin, %

58%58%60%

Operating expense total

$182.5 m$212.5 m$230 m

EBIT

$86.2 m$93.2 m$96.5 m

EBIT margin, %

18%18%18%

Interest expense

$733 k$477 k$347 k

Pre tax profit

$86.1 m$93.8 m$97.5 m

Income tax expense

$14.4 m$19.4 m$26.7 m$31.5 m$35.8 m$34.4 m

Net Income

$54.6 m$58 m$63 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015

Cash

$27.3 m$32.7 m$32.7 m$36.7 m$37.6 m$52.8 m$94.6 m

Accounts Receivable

$2.9 m$3 m$3.5 m

Inventories

$6.9 m$8.3 m$12.1 m

Current Assets

$161.7 m$192.5 m$243.4 m

PP&E

$60.9 m$79.1 m$83.5 m

Goodwill

$142.8 m$142.8 m$142.8 m

Total Assets

$506.5 m$562.8 m$611.9 m

Accounts Payable

$33.9 m$33.9 m$35.8 m

Total Debt

Current Liabilities

$70.7 m$71 m$75.6 m

Additional Paid-in Capital

$310.6 m$314.2 m$317.1 m

Retained Earnings

$61.7 m$119.7 m$182.7 m

Total Equity

$480.8 m

Financial Leverage

1.3 x
FY, 2013FY, 2014FY, 2015

Net Income

$54.6 m$58 m$63 m

Depreciation and Amortization

$14.2 m$18.2 m$21.5 m

Accounts Receivable

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

Inventories

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

Accounts Payable

$5.9 m$91 k$2 m

Cash From Operating Activities

$62.6 m$60.5 m$81.4 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)

Long-term Borrowings

Cash From Financing Activities

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

Interest Paid

$320 k$117 k$105 k

Income Taxes Paid

$26.4 m$38 m$34.6 m

Free Cash Flow

$87.4 m$97.1 m$112.2 m

Tumi Online Presence

Tumi News

Tumi Company Life

You may also be interested in