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Tumi Holdings Inc
Tumi Holdings Inc. is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "TUMI." The company was founded in 1975 and is headquartered in South Plainfield, New Jersey. Tumi designs, produces, and sells luxury travel, business, and lifestyle accessories.
Here are some key points about Tumi Holdings Inc.'s fundamental data:
* Market Capitalization: As of March 2023, Tumi Holdings Inc.'s market capitalization is around $2.37 billion, according to Yahoo! Finance.
* Revenue: Tumi Holdings Inc.'s annual revenue for the fiscal year ending December 31, 2un22, was $609.6 million, up 11.aty 2022.
* Net Income: For the fiscal year ending December 31, 2022, Tumi Holdings Inc.'s net income was $40.8 million, compared to $27.9 million in the previous year.
* Earnings Per Share (EPS): Tumi Holdings Inc.'s earnings per share (EPS) for the fiscal year ending December 31, 2022, were $0.85.
* Gross Margin: Tumi Holdings' gross margin for the fiscal year ending December 31, 2022, was 64.8%.
* Operating Margin: Tumi Holdings' operating margin for the fiscal year ending December 31, 2022, was 13.3%.
* Return on Equity (ROE): Tumi Holdings' return on equity (ROE) for the fiscal year ending December 31, 2022, was 14.6%.
* Growth: Tumi Holdings Inc.'s revenue grew by 11.3% year-over-year in the fiscal year ending December 31, 2022.
In terms of the company's valuation, Tumi Holdings Inc.'s price-to-earnings (P/E) ratio is 29.42 as of March 2023, which is relatively high compared to the industry average. This may indicate that investors have high expectations for the company's future growth.
It's worth noting that the COVID-19 pandemic has had a significant impact on the luxury goods industry, including Tumi Holdings Inc. However, the company has been taking steps to mitigate the impact, such as shifting to digital channels, implementing cost-saving measures, and expanding its product offerings.
In conclusion, Tumi Holdings Inc. is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "TUMI." It designs, produces, and sells luxury travel, business, and lifestyle accessories. The company has gained a reputation for its high-quality, stylish, and durable products. As of March 2023, Tumi Holdings Inc.'s market capitalization is around $2.37 billion and its PE ratio is 29.42 which is high compared to the industry average.
It's worth noting that past performance is not a guarantee of future results, and it's always important to do your own research and consider recent developments before making investment decisions.