Samsonite Group S.A. Announces Results for the First Quarter Ended March 31, 2026
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Samsonite Group S.A. reported first quarter revenues of US$829.1 million, a 4.1% increase year-over-year. The gross profit margin was 59.0%, with an adjusted EBITDA margin of 13.1%. The company generated adjusted free cash flow of US$27.3 million, up US$68.5 million from the previous year. A US$50 million share repurchase program was announced. The company expects low-single digit net sales growth in 2026, driven by strategic investments and new product innovations. CEO Kyle Gendreau highlighted positive growth across core brands despite challenges in certain markets.
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