SAMSONITE (01910) released its first quarter results, with a net profit attributable to equity holders of $32.2 million, a decrease of 33.2% year-on-year.

SAMSONITE (01910) released its performance for the first quarter of 2026, with sales net amounting to 829.1 million US dollars, a year-on-year increase of 4.1%; gross profit of 489 million US dollars, a year-on-year increase of 3.4%; profit attributable to equity holders of 32.2 million US dollars, a year-on-year decrease of 33.2%; adjusted net income of 36.5 million US dollars, a year-on-year decrease of 29.7%; basic earnings per share of 0.023 US dollars. The announcement stated that the 4.1% increase in sales net for the three months ending March 31, 2026, was mainly driven by the DTC channel; core brands (especially the SAMSONITE brand); and sales net increase in the fashion luggage category. This growth was partially offset by the continued impact of conflicts in Iran and other regions in the Middle East, as well as a year-on-year decline in sales net in North America. In addition, the depreciation of the US dollar had a positive impact on the reported year-on-year growth in sales net.