Luggage manufacturer Tumi's same-store sales growth slowed sharply in the second quarter

by:JIYALI     2021-08-13
Lead: In local currency, same-store sales in the second quarter increased by 13.3% compared to 16.2% in the same period last year, excluding e-commerce same-store sales growth of 13.2%, and 12.5% u200bu200bin the same period last year. In the second quarter, Tumi Holdings, Inc. (NYSE: TUMI) gross profit increased by 13.9% to US$62.3 million, compared to US$54.7 million in the same period last year; gross profit margin increased by 50 basis points to 57.6%; operating profit increased by 48.4% to US$17.9 million last year It was US$12 million in the same period, and the operating profit margin was 16.5%. Luggage manufacturer Tumi Holdings, Inc. (NYSE: TUMI) and U.S. contemporary time released its second-quarter financial report on August 7, 2013. Tumi's net sales for the second quarter ended June 30, 2013 increased by 12.9% to US$108.2 million, and same-store sales increased. 4.6%, a sharp slowdown from 8.0% in the same period last year, of which the same store sales growth in North America fell sharply due to the decline in store traffic, and increased by 3.6% in the second quarter. Excluding e-commerce, the growth rate was only 1.7%. The two data in the same period last year were respectively These are 8.4% and 7.2%.  In local currency, same-store sales in the second quarter increased by 13.3% compared to 16.2% in the same period last year. Excluding e-commerce same-store sales growth of 13.2%, it was 12.5% u200bu200bin the same period last year. In US dollars, international same-store sales increased by 14.7%, compared with 4.5% in the same period last year. Excluding e-commerce, same-store sales increased by 14.6%, compared with 1.3% in the same period last year. In the second quarter, Tumi Holdings, Inc. (NYSE: TUMI) gross profit increased by 13.9% to US$62.3 million, compared to US$54.7 million in the same period last year; gross profit margin increased by 50 basis points to 57.6%; operating profit increased by 48.4% to US$17.9 million last year It was US$12 million in the same period, and the operating profit margin was 16.5%. In the second quarter, Tumi spent US$1.5 million in one-time expenses to terminate the website service agreement, excluding one-time expenses, operating profit was 19.4 million US dollars, and operating profit margin was 17.9%. In the same period of 2012, the company paid a one-time fee of US$5.5 million to reward CEO Jerome Griffith for his efforts to successfully go public. Excluding this fee, the operating profit in 2012 was US$17.5 million, and the operating profit margin was 18.3%. Tumi Holdings, Inc. (NYSE: TUMI)’s net profit for the second quarter recorded US$11.2 million or US$0.16 in earnings per share (67.9 million shares), compared to a manager’s profit of US$6.5 million in the same period last year, or earnings per share of US$0.10 (63.8 million shares). ). As of the end of the second quarter, Tumi has operated a total of 119 stores, including two newly opened Tumi Holdings, Inc. (NYSE: TUMI) CEO, President, and Director Jerome Griffith in the second quarter. He said that the group's international expansion progress in the second quarter was good and international sales Outstanding performance.   Tumi Holdings, Inc. (NYSE: TUMI) shares closed up 3.04% to $25.44 on Wednesday.
Custom message
Chat Online 编辑模式下无法使用
Chat Online inputting...
Thank you for your enquiry. We will get back to you ASAP