Samsonite Group (OTCMKTS:SMSEY) Releases Quarterly Earnings Results

Samsonite Group (OTCMKTS:SMSEY) posted its quarterly earnings data on Thursday. The company reported $0.38 earnings per share (EPS) for the quarter, Zacks reports. Samsonite Group had a return on equity of 19.92% and a net margin of 8.68%.The business had revenue of $963.30 million during the quarter.

Samsonite Group Stock Down 10.0%

OTCMKTS:SMSEY traded down $1.08 during trading hours on Friday, reaching $9.72. 1,233 shares of the stock were exchanged, compared to its average volume of 15,818. The stock has a market cap of $2.70 billion, a PE ratio of 9.00 and a beta of 0.67. Samsonite Group has a twelve month low of $8.32 and a twelve month high of $14.10. The firm has a 50 day moving average of $12.34 and a 200 day moving average of $11.82. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.13 and a quick ratio of 0.70.

About Samsonite Group

Samsonite Group (OTCMKTS: SMSEY) is a leading global designer and manufacturer of luggage, travel bags and accessories. The company’s product portfolio spans hard‐side and soft‐side suitcases, business cases, backpacks, travel accessories and outdoor gear. With a broad range of innovative materials and features such as lightweight polycarbonate shells, integrated locks and expansion capabilities, Samsonite serves both leisure and corporate travelers seeking durability, functionality and style.

Headquartered in Luxembourg, Samsonite distributes its products through a diversified network of over 1,000 direct‐to‐consumer retail outlets, e-commerce platforms and wholesale partnerships.