Samsonite climbs on higher Q1 sales, share buy back plan

Samsonite SA

14/05/2026 05:11

** Shares of Samsonite Group S.A. 1910.HK climb 4.1% to HK$14.25, on course for their biggest one-day pct gain since May 7

** Luggage maker says its Q1 net income down 33.2% y/y, while net sales up 4.1% y/y for the quarter ended in March

** That compares with a 0.9% y/y increase in net sales for three months ended in December 2025

** Company also plans to buy back shares for up to $50 mln  from May 14

** YTD, stock down 29.3%, while benchmark Hang Seng Index .HSI up 3.4%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))