Samsonite is now down 3.63% to HK$18.6, with a provisional turnover of HK$100 million. The latest market value is HK$26.45 billion. According to Yamato's latest report, Samsonite's business trends in the third quarter are expected to be no significant different from the second quarter, and most of its major markets continue to slow down. Adjusted EBITDA for the third quarter is expected to decline by 10% year-on-year due to the particularly high base effect. The bank lowered its target price from HK$30 to HK$25, maintaining a “buy” rating. UBS also expects Samsonite's third-quarter results announced in the middle of next month to weaken due to factors such as sluggish consumer sentiment in mainland China, price competition in the Indian market, and slowing growth in the Western region. The bank lowered the company's revenue forecast for this year to 2026 by 1% to 2%. It is expected that there will be a more obvious slowdown in the second half of this year. The target price will drop from HK$29.4 to HK$27.9, with a “buy” rating.

Zhitongcaijing · 10/17 07:01
Samsonite is now down 3.63% to HK$18.6, with a provisional turnover of HK$100 million. The latest market value is HK$26.45 billion. According to Yamato's latest report, Samsonite's business trends in the third quarter are expected to be no significant different from the second quarter, and most of its major markets continue to slow down. Adjusted EBITDA for the third quarter is expected to decline by 10% year-on-year due to the particularly high base effect. The bank lowered its target price from HK$30 to HK$25, maintaining a “buy” rating. UBS also expects Samsonite's third-quarter results announced in the middle of next month to weaken due to factors such as sluggish consumer sentiment in mainland China, price competition in the Indian market, and slowing growth in the Western region. The bank lowered the company's revenue forecast for this year to 2026 by 1% to 2%. It is expected that there will be a more obvious slowdown in the second half of this year. The target price will drop from HK$29.4 to HK$27.9, with a “buy” rating.