Samsonite Group SA
01910: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Gy | LOCK|w@?S | LOCK|Q$^@@C |
Samsonite Earnings: Cost Step-Up Signals Margin Normalization; US Listing a Key Catalyst
Samsonite's first-quarter sales were flat, but operating profit fell 16% due to cost inflation, new store openings, higher marketing spending, and increased freight costs. For the rest of the year, management expects low-single-digit constant-currency sales growth.
