HK Stock Market Move | SAMSONITE (01910) rose more than 3% after the performance report. The net profit attributable to shareholders for the first quarter was $32.2 million, with a 4.1% increase in sales revenue.
Samsonite (01910) rose more than 3% after its performance, with a rise of 2.34% as of the press time, closing at HKD 14.01, with a turnover of HKD 61.14 million.
SAMSONITE (01910) rose more than 3% after the results, and as of the time of writing, it rose 2.34% to 14.01 Hong Kong dollars, with a turnover of 61.1422 million Hong Kong dollars.
On the news front, on May 13th, SAMSONITE released its first quarter results for 2026, with a net sales revenue of 829.1 million US dollars, an increase of 4.1% year-on-year; gross profit of 489 million US dollars, an increase of 3.4% year-on-year; net profit attributable to equity shareholders of 32.2 million US dollars, a decrease of 33.2% year-on-year; adjusted net income of 365 million US dollars, a decrease of 29.7% year-on-year; and basic earnings per share of 0.023 US dollars.
The announcement stated that the 4.1% increase in net sales revenue for the three months ended March 31, 2026 was mainly due to growth in the DTC channel; core brands (especially the SAMSONITE brand); and sales revenue from the fashion luggage category. This increase was partially offset by the ongoing impact of conflict in Iran and other Middle Eastern regions, as well as a year-on-year decline in net sales revenue in North America. In addition, the depreciation of the US dollar had a positive impact on the reported year-on-year growth in net sales revenue.
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