Samsonite Group SA
01910: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <F | LOCK|!w&J | LOCK|c>m$Nf |
Samsonite Earnings: Baggage Is Piling Up; Cutting Fair Value Estimate 38% to HKD 15
Samsonite's second-quarter net sales fell 1.6% and adjusted operating profit dropped 23%, excluding the benefit of US tariff refunds. Separately, the company agreed to acquire digitally native bag brand Béis at a valuation of USD 210 million, corresponding to roughly 13 times Béis' 2025 earnings.
