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Here's What Analysts Are Forecasting For Samsonite Group S.A. (HKG:1910) After Its Yearly Results
Samsonite Group S.A. (SMSEY) Q4 2024 Earnings Call Transcript Summary
Jefferies Adjusts Samsonite International's Price Target to HK$28.97 From HK$26.40, Keeps at Buy
[Brokerage Focus] Jefferies Financial raised the Target Price of SAMSONITE (01910) by nearly ten percent as the company's Q4 performance met expectations, with management forecasting continued improvement in the coming quarters.
JPMorgan Financial News | Jefferies Financial released a research report indicating that SAMSONITE (01910) performed in line with the expectations of the firm and the market in the fourth quarter of last year, with an adjusted EBITDA margin of 20.7%, exceeding the forecast of 19% made by the firm's analysts. The report believes that the main driving factors include the gross margin level exceeding expectations and the sales and marketing expense ratio significantly lower than expected. The company stated that the USA listing plan is underway, although there is no timetable. According to the guidance from the company’s management, due to a high base and the transfer of orders to the USA, sales for the first quarter are expected to record a low to mid-single-digit decline year-on-year. This is based on the uncertainty of the macroeconomic environment.
Samsonite Group SA (SMSEY) (Q4 2024) Earnings Call Highlights: Strategic Expansion and Robust ...
DBS Sticks to Its Buy Rating for Samsonite International SA (SMSOF)