Samsonite International S.A. Announces Results for the Three and Nine Months Ended September 30, 2024
SAMSONITE INTL UNSP/ADR (SMSEY)
NASDAQ:AMEX Investor Relations:
samsonite.com/investors/home.do
Company Research
Source: PR Newswire
Third quarter 2024 consolidated net sales decreased by 6.8%1 versus a strong net sales base in prior year periodRecorded gross profit margin of 59.3% and Adjusted EBITDA margin2 of 17.6% for the third quarter of 2024 Generated strong third quarter 2024 Free Cash Flow3 of US$94.2 million, a year-on-year increase of US$5.4 million Returned a total of US$222.0 million to shareholders through a cash distribution of US$150.0 million and share buybacks of US$72.0 million during the third quarter of 2024Maintained substantial liquidity4 of US$1.4 billion and healthy total net leverage ratio5 at 1.68x as of September 30, 2024HONG KONG, Nov. 13, 2024 /PRNewswire/ -- Samsonite International S.A. ("Samsonite" or "the Company", together with its consolidated subsidiaries, "the Group"; SEHK stock code: 1910), a leader in the global lifestyle bag industry and the world's best-known and largest travel luggage company, today published its unaudited condensed consolidated financial information for th
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