Samsonite reports mixed results, net sales fall but profit rises in Q3

Samsonite Group S.A. reported net sales of $872.7m for the three months ended September 30, 2025, a 0.6% decrease from $877.7m in the prior year. For the nine months ended September 30, 2025, net sales fell 4.2% to $2,534.3m from $2,646.2m in the same period of 2024. Profit for the three-month period increased by 10.3% to $78.8m, while for the nine-month period, it decreased by 18.3% to $208.9m.

Adjusted EBITDA for the three months declined by 7.7% to $142.6m, and for the nine months, it dropped by 15.7% to $411.4m. This was primarily attributed to lower net sales and increased distribution expenses, partially offset by reduced marketing expenses. Adjusted net income also saw a significant decrease, falling 20.2% to $63.6m for the three months and 26.3% to $187.0m for the nine months.

Net cash generated from operating activities for the three months ended September 30, 2025, was $131.4m, a 12.5% decrease, and for the nine months, it was $253.1m, a 26.2% decrease. Adjusted free cash flow decreased by 31.3% to $64.7m for the three-month period and by 56.6% to $76.3m for the nine-month period.