Samsonite Group (OTCMKTS:SMSEY) Releases Earnings Results

Samsonite Group (OTCMKTS:SMSEY) issued its quarterly earnings data on Thursday. The company reported $0.38 EPS for the quarter, Zacks reports. The company had revenue of $963.30 million during the quarter. Samsonite Group had a return on equity of 19.58% and a net margin of 8.27%.

Samsonite Group Trading Down 11.1%

Shares of SMSEY opened at $9.60 on Friday. Samsonite Group has a 1-year low of $8.32 and a 1-year high of $14.10. The company has a market capitalization of $2.66 billion, a P/E ratio of 9.23 and a beta of 0.67. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.13 and a quick ratio of 0.70. The firm’s 50 day simple moving average is $12.27 and its 200 day simple moving average is $11.81.

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.