No. of Recommendations: 2
I use their products all the time and they are in the same affordable luxury category as Coach. As a matter of fact, I like TUMI handbags (men's) better than Coach men's handbags. They look much better.

TUMI is a public company (Ticker: TUMI). It came public less that 6 months ago and has been trading between the range of 14 and 28. Currently trading around 19.

Today TUMI reported earnings and beat on revenues and met on EPS and guided inline on revs and eps. The stock as it seems looks pretty expensive, but it has all the makings of Coach in a few years. I feel that an investment is TUMI today is like investing in Coach a few years ago. The stock seems expensive though. I plan on opening a small position here and build on any weakness.

Market cap for TUMI is $1.26B. COH, even after its fall has a market cap of $15.7B.

Vish
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.