Samsonite(1910.HK)Q224 top~line and guidance miss, margin under control
UBS·2024-08-15 03:56
First Read Samsonite Q224 top-line and guidance miss, margin under control Miss on top-line and guidance likely cushioned by already low valuation Samsonite's Q224 adjusted EBITDA was broadly in line with the ballpark of market expectations, but its top-line appeared to fall short of them. While the market has widely expected macro headwinds, primarily in China and India, to weigh on Samsonite's sales performance, Q224 sales and the new guidance appeared to fall slightly short of market expectations, which ...