Core Viewpoint - Samsonite's stock has risen over 3%, reflecting positive sentiment driven by optimistic management outlook and anticipated sales growth in Q4 [1] Group 1: Company Performance - Goldman Sachs reports that Samsonite's management has a more optimistic view on business prospects compared to the August earnings call, expecting improved net sales growth in Q4 due to new product launches and increased advertising efforts [1] - UBS indicates that Samsonite's revenue is regaining momentum, with the impact of U.S. tariffs appearing milder than expected, and the company has multiple levers to mitigate tariff impacts [1] - Daiwa has raised its earnings per share forecast for Samsonite for 2025 to 2027 by 7% to 16%, citing changes in product mix leading to more resilient gross margins and gradual increases in market spending [1] Group 2: Market Sentiment and Future Outlook - Goldman Sachs believes that the better-than-expected Q3 performance and positive management outlook will benefit short-term stock sentiment [1] - The potential for a dual listing in the U.S. next year and share buybacks to alleviate dilution effects are seen as catalysts for further valuation reassessment of the stock [1] - UBS forecasts an 8% year-on-year growth in adjusted EBITDA for the company next year, benefiting from a 5% revenue growth and operational leverage [1]

Core Viewpoint - Goldman Sachs has raised its adjusted net profit forecast for Samsonite (01910) for the years 2023 to 2027 by 5% to 8%, and increased the target price from HKD 20.9 to HKD 22, maintaining a "Buy" rating [1] Group 1: Financial Performance - Samsonite's stock price has fluctuated over the past three months, but the better-than-expected third-quarter performance and the management's positive outlook are expected to boost short-term stock sentiment [1] - The management's latest conference call reflects a more optimistic view on business prospects compared to the August earnings call, anticipating improved net sales growth in the fourth quarter driven by new product launches in September and increased advertising activities before the peak season [1] Group 2: Future Catalysts - Potential dual listing in the U.S. next year and share buybacks to mitigate dilution effects are seen as catalysts for further valuation reassessment of the stock [1]