Samsonite Group S.A. (1910) reported net sales of US$872.7 million for the three months ended September 30, 2025, reflecting a slight 0.6% decrease from the same period last year. Profit for the quarter was US$78.8 million, marking a 10.3% increase compared to the prior-year period. Adjusted net income stood at US$63.6 million, and gross profit margin rose 30 basis points to 59.6% despite tariff pressures.

For the first nine months of 2025, net sales totaled US$2,534.3 million, a 4.2% decline from the same period in 2024, influenced mainly by cautious purchasing in the wholesale channel amid macroeconomic uncertainty. Profit for the nine-month period reached US$208.9 million, while gross profit margin was 59.3%. Adjusted free cash flow amounted to US$76.3 million, down from US$175.8 million a year earlier.

During the third quarter, the direct-to-consumer channel lifted its contribution to 42.0% of overall net sales, largely driven by e-commerce growth. Non-travel product lines made up 35.6% of total net sales in Q3 2025, highlighting further diversification. Samsonite attributed these developments to targeted marketing adjustments and strategic focus on higher-margin categories.

As of September 30, 2025, the group’s cash and cash equivalents stood at US$496.7 million. Outstanding financial debt was US$1,749.4 million, resulting in a net debt position of US$1,252.7 million. The company also reported that 16,690,800 shares were repurchased over the nine months ended September 30, 2025, with US$42.9 million in associated cash outflows.

On November 6, 2025, Samsonite entered into a new set of senior credit facilities totaling US$2.144 billion in various tranches, replacing previous term loan and revolving credit arrangements. Furthermore, on November 11, 2025, it issued €350.0 million of 4.375% senior notes due 2033, using proceeds to redeem the previous senior notes set to mature in 2026.

Management noted macroeconomic factors impacting consumer sentiment and wholesale purchasing patterns, particularly in North America and Asia. Despite these challenges, growth in the TUMI brand and non-travel lines, alongside cost-management efforts, supported profitability. The company highlighted its diverse brand portfolio, ongoing moves to optimize supply chains, and continued focus on direct-to-consumer and e-commerce channels to underpin future performance.