Samsonite Group (OTCMKTS:SMSEY) Announces Earnings Results

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

Samsonite Group Stock Performance

Samsonite Group stock traded down $1.08 during mid-day trading on Friday, hitting $9.72. 283 shares of the company’s stock traded hands, compared to its average volume of 15,800. The company has a quick ratio of 0.70, a current ratio of 1.13 and a debt-to-equity ratio of 0.87. Samsonite Group has a one year low of $8.32 and a one year high of $14.10. The firm has a 50 day moving average price of $12.34 and a 200 day moving average price of $11.82. The company has a market cap of $2.70 billion, a PE ratio of 9.00 and a beta of 0.67.

Samsonite Group Company Profile

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.