** Samsonite Group SA 1910.HK slides 9.6% to two-week low of HK$13.9; set for biggest one-day pct decline since April 7
** Luxembourg-based luggage bags maker's Q1 profit drops 42.6% y/y, adjusted net income falls 40.3% y/y, net sales down 7.3% y/y
** Co expects Q2 net sales performance to be similar to Q1
** Flags challenges for H2 due to uncertainties around U.S. tariffs
** Citi ("buy") lowers PT to HK$19.7 from HK$26 on earnings miss
** Trims earnings forecasts after co's Q2 outlook, citing more prudent sales and margin outlook amid tariff uncertainty
** "We expect earnings pressure will sustain in following quarters given the lingering tariff impact on consumer demand and margin"
** YTD, stock down 34.3%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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