Samsonite International SA reports Q3 net sales of US$872.7 million

Reuters
Nov 12
Samsonite International SA reports Q3 net sales of US$872.7 million

Samsonite International SA reported consolidated net sales of US$872.7 million for the third quarter ended September 30, 2025, representing a decrease of 0.6% year-over-year, or 1.3% on a constant currency basis. For the nine months ended September 30, 2025, consolidated net sales were US$2,534.3 million, down 4.2% year-over-year, or 3.9% on a constant currency basis. The company achieved a gross profit margin of 59.6% and an adjusted EBITDA margin of 16.3% in the third quarter. For the nine-month period, gross profit margin was 59.3% and adjusted EBITDA margin was 16.2%. Net sales in Asia for the nine months decreased by 5.0% to US$950.5 million, accounting for 37.5% of total net sales. The company cited cautious purchasing by wholesale customers, macroeconomic uncertainty, and weakened consumer sentiment, particularly in South Korea and Hong Kong, as factors impacting sales.

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