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Tumi Holdings Inc Reaffirms FY 2013 Guidance; Reaffirms FY 2013 Comparable Store Sales Guidance

Wednesday, 8 May 2013 04:01pm EDT 

Tumi Holdings Inc announced that for fiscal 2013, it expects net sales to increase between 18% and 20%. This estimate assumes a comparable store sales growth for the Direct-to-Consumer North America segment in the mid- to high-single digit range and comparable store sales growth for the Direct-to-Consumer International segment in the mid-single digit range. Net income is expected to increase between 53% and 59%. Diluted earnings per share (EPS) are expected to be in the range of $0.82 to $0.86 per diluted share. The Company reported revenues of $398.55 million and Net income of $47.80 million in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $475 million, net income of $59.87 million and EPS of $0.87 for fiscal 2013. 

Company Quote

-0.02 -0.10%
10:42am EDT