SAMSONITE's stock price fell sharply by 5.03% during intraday trading on Friday, following the release of its full-year 2025 financial results and a cautious near-term outlook.
The luggage maker reported a 2.5% decline in net sales to US$3.50 billion for the year ended December 31, 2025. Profit attributable to equity holders decreased by 16.4% to US$289.0 million, while adjusted EBITDA fell 11.2% to US$606.8 million. The company attributed the weaker performance to cautious purchasing by wholesale customers amid macroeconomic uncertainty and soft consumer sentiment.
Adding to investor concerns, management stated that it expects net sales for the first quarter of 2026 to be approximately flat on a constant currency basis compared to the prior-year period. The company cited the ongoing conflict in the Middle East as a factor impacting its near-term performance, creating uncertainty for the full year.