Changes in Hong Kong stocks | Samsonite (01910) fell more than 13% after the results, net profit in the first quarter increased by 12.3% year-on-year, and the company lowered its annual revenue growth guidelines
Samsonite (01910) later fell by more than 13%. As of press release, it fell 11.61% to HK$25.5, with a turnover of HK$321 million.
Analysts Are Bullish on Top Consumer Cyclical Stocks: CarMax (KMX), Samsonite International SA (SMSOF)
Bank of America Securities: Reiterates Samsonite's (01910) “Buy” Rating Target Price Reduction to HK$35
Bank of America Securities lowered Samsonite's (01910) earnings estimates for each share of this year and next by 5%.
Hong Kong Stock Afternoon Review | The three major indices strengthened, rising more than 4% after Tencent's results; domestic housing stocks and domestic bank stocks improved, COSCO Group rose nearly 49%, and CCB rose more than 5%
Technet stocks had mixed ups and downs. Tencent rose more than 4%, Ali fell more than 2%; insurance stocks strengthened, China Taiping rose more than 6%, and Ping An of China rose nearly 6%.
Samsonite Shares Slump After Stagnant First-Quarter Sales
By Tracy Qu Samsonite International shares slumped as first-quarter sales were stagnant and the luggage maker lowered full-year guidance. Shares were 11% lower at 25.55 Hong Kong dollars (US$3.27) a
Samsonite (01910) 1Q24 results conference: The improvement trend in the first half of the year is obvious, and Q2 revenue is expected to grow by medium to high units
Samsonite (01910) believes that both 24Q1-Q2 are growing strongly. Seeing an improvement trend, 24Q2 will perform better than Q1, and H2 will be superior to H1.
Jefferies: Lowering the target price of Samsonite (01910) to 34.4 Hong Kong's head quarterly adjusted EBITDA and sales performance in Eurasia were lower than expected
Jefferies expects the adjusted EBITDA of Samsonite (01910) to be US$759 million, with a profit margin of 19.5%, an increase of 0.2 percentage points.
Jefferies Adjusts Samsonite International's Price Target to HK$34.40 From HK$36.30, Keeps at Buy
04:34 AM EDT, 05/15/2024 (MT Newswires) -- Jefferies Adjusts Samsonite International's Price Target to HK$34.40 From HK$36.30, Keeps at Buy Price (HKD): $28.85, Change: $, Percent Change: %
Samsonite (01910.HK): 1Q24 results fell short of expectations due to a slowdown in travel demand growth; 2024 profit margin guidance remains unchanged
1Q24 results fell short of our expectations Samsonite announced 1Q24 results: net revenue of US$860 million, up 4% year-on-year at a fixed exchange rate (CER) (up 18% compared to 1Q19). The adjusted EBITDA was
Samsonite Posts Sales Rise on Asia Growth, Says Dual-Listing Process Underway
By Kimberley Kao Luggage maker Samsonite reported a rise in quarterly profit and sales, driven by a continued rebound in leisure and business travel, particularly in Asia. The world's largest luggag
Express News | CITIC Lyon Securities: Downgraded Samsonite's rating to an increase in holdings, with a target price of HK$33.
Featured announcements | Tencent's Q1 adjusted net profit increased 54% year on year; Ali's adjusted net profit for the fourth fiscal quarter fell 11% year on year
China Railway Construction won bids for several projects totaling more than 60 billion yuan; Mingchuang Premium: Q1 adjusted net profit of 617 million yuan, an increase of 27.7% over the previous year.
Earnings Call Summary | SAMSONITE INTL SA(SMSOF.US) Q1 2024 Earnings Conference
The following is a summary of the Samsonite International S.A. (SMSOF) Q1 2024 Earnings Call Transcript:Financial Performance:Samsonite reported Q1 sales of $860 million, marking a growth of 4.1%.Gros
Samsonite International Reports Q1 Results
Profit attributable to Samsonite (01910.HK) equity holders in the first quarter of $82.9 million increased 12.3% year-on-year
Glonghui, May 14 | Samsonite (01910.HK) announced that for the three months ended March 31, 2024, the company's net sales were 859.6 million US dollars, up 0.9% from the first quarter of 2023, which was driven by strong post-pandemic tourism recovery (4.1% increase on a constant exchange rate basis). The gross margin for the period was 60.4%, compared to 58.0% for the three months ended March 31, 2023. The increase in gross margin is mainly due to the year-on-year improvement in gross margin in all regions, and in particular, the share of total net sales in Asia, which has the highest gross margin. Increased gross margin
Samsonite (01910) announces first-quarter results. Profit attributable to equity holders of US$82.9 million increased 12.3% year over year
Samsonite (01910) announced its results for the first quarter of 2024, with net sales of approximately US$860 million, up 0.9% year on year; gross profit of US$519.5 million, up 5% year on year; profit attributable to equity holders of US$82.9 million, up 12.3% year on year; basic profit per share.
SAMSONITE: Quarterly Report for the Period Ended March 31, 2024
Express News | Samsonite: Net profit of $82.9 million for the first quarter.
Samsonite (01910.HK) gains 1,551,600 shares from Schroders PLC
Glonghui, May 13 | According to the latest equity disclosure data from the Stock Exchange, on May 8, 2024, Samsonite (01910.HK) received Schroders PLC to increase its holdings by 1,551,600 shares at an average price of HK$29.2092 per share, involving approximately HK$45.310,000. After the increase in holdings, Schroders PLC's latest shareholding was 74.3966 million shares, and the shareholding ratio increased from 4.99% to 5.09%.
Samsonite (01910.HK) received an increase in its common share holdings by 1.551,600 by Schroder Investment, worth approximately HK$45.321 million
On May 10, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 10, Schroders PLC (Schroders PLC) increased its share holdings of $1,551,600 in common shares at an average price of HK$29.2092 per share on May 8, worth approximately HK$45.321 million. After the increase in holdings, Schroder Investment's latest shareholding was 74.3966 million shares, and the good position ratio increased from 4.99% to 5.09%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, majority shareholders (holding 5% or more of shares)
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