
Samsonite Q4 Profit Down; Chairman Timothy Charles Parker To Retire

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Samsonite Group S.A. reported a decline in Q4 profit to $97.3 million, down from $110.0 million last year, with adjusted earnings per share at $0.076. Net sales increased to $963.3 million. The Board recommended a $140.0 million dividend for 2026. Chairman Timothy Charles Parker will retire after the 2026 Annual Meeting, with Jerome Squire Griffith set to succeed him. Samsonite shares fell 3.36% to HK$16.130.
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