Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Investing.com -- Samsonite reported a 5% decline in second-quarter sales, performing slightly better than Morgan Stanley estimates, while its adjusted EBITDA of $141 million met expectations.
The luggage maker’s EBITDA margin came in at 16.3%, below Morgan Stanley’s forecast of 16.8%, primarily due to lower gross profit margins, likely from increased promotional activity, and higher distribution costs driven by new store openings.
The company did not provide specific sales guidance for the second half of 2025 but indicated there could be some improvement in the third quarter. Current estimates project a 2% total sales decline for 3Q25, with U.S. wholesalers’ willingness to restock inventory remaining a key variable.
While Samsonite has managed operating expenses effectively, distribution costs are increasing as the company opens 40-50 new stores annually. Analysts note that if second-half sales disappoint, there could be downside risk to EBITDA margin estimates.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.