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Samsonite Group Full Year 2024 Earnings: EPS Misses Expectations
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Samsonite Group (HKG:1910) Full Year 2024 Results

Key Financial Results

  • Revenue: US$3.59b (down 2.5% from FY 2023).
  • Net income: US$345.6m (down 17% from FY 2023).
  • Profit margin: 9.6% (down from 11% in FY 2023).
  • EPS: US$0.24 (down from US$0.29 in FY 2023).
earnings-and-revenue-growth
SEHK:1910 Earnings and Revenue Growth March 14th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Samsonite Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%.

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in Hong Kong.

Performance of the Hong Kong Luxury industry.

The company's shares are down 11% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Samsonite Group.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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