Tumi Holdings Q3 Profits Beat Street, Raises Guidance
Posted on October 30, 2012 at 14:13 PM EDT
Tumi Holdings posted strong third-quarter results with sales and earnings that topped views Monday as it wowed customers with a broad array of new offerings. The global premium travel, business and lifestyle accessories brand also raised guidance for the year. Tumi's (TUMI) earnings surged 650% vs. a year earlier to 15 cents a share, 3 cents ahead of forecasts by Thomson Reuters analysts. Sales rose 22.3% to $95.9 million, ahead of views for