Samsonite Group SA
01910: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| fD? | LOCK|?>R@ | LOCK|C>C<D<! |
Samsonite Earnings: Near-Term Challenges Persist, but Long-Term Value Remains
Samsonite's first-quarter 2025 revenue declined by 4.5% year on year on a constant currency basis, with operating profit down 27%. Shares fell 9% in Hong Kong trading. Management expects a second-quarter sales decline to match the first quarter's but to gradually improve in the second half of 2025.
