Samsonite Group S.a. · HKEX:1910

Samsonite — Q1 2026 Earnings Presentation

33 slides from Samsonite's earnings presentation, May 13, 2026

  1. Slide 1: First Quarter Results

    2026 FIRST QUARTER RESULTS MAY 13, 2026 Samsonite Group S.A. Stock Code: 1910

  2. Slide 2: Disclosure Statement

    DISCLOSURE STATEMENT This presentation and the accompanying slides (the "Presentation"), which have been prepared by Samsonite Group S.A. ("Samsonite", the "Company", "we", "us" or "our"), do not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the b

  3. Slide 3: Agenda

    AGENDA 01 BUSINESS UPDATE 02 FINANCIAL HIGHLIGHTS 03 OUTLOOK 04 Q&A 3 STRICTLY CONFIDENTIAL

  4. Slide 4: Business Update

    BUSINESS UPDATE 4

  5. Slide 5: Net Sales Growth Continued into Q1

    NET SALES GROWTH CONTINUED INTO Q1 • Net Sales Were Up 4.1%; Up 0.4% on a constant currency basis: Net sales growth across North America and Latin America improved sequentially relative to Q4 2025, Europe remained positive, and Asia grew despite a challenging environment caused by the conflict in th

  6. Slide 6: Core Brand Performance – All Positive Growth Adjusting for Middle East & India

    CORE BRAND PERFORMANCE – ALL POSITIVE GROWTH ADJUSTING FOR MIDDLE EAST & INDIA Year-over-year Constant Currency Net Sales Growth SAMSONITE TUMI AMERICAN TOURISTER Constant Currency Net Sales growth excluding Middle East & India +1.4%(2) +3.9%(2) +1.1%(2) • Samsonite brand’s improvement was • TUMI br

  7. Slide 7: Q1 2026 Momentum Improved in the Americas, Europe Positive, Asia Strong

    Q1 2026 MOMENTUM IMPROVED IN THE AMERICAS, WHILE EUROPE REMAINED POSITIVE AND ASIA DELIVERED STRONG GROWTH(2) Year-over-year Constant Currency Net Sales Growth ASIA NORTH AMERICA EUROPE LATIN AMERICA Constant Currency Net Sales growth excluding Middle East & India +5.1%(2) • Excluding the Middle Eas

  8. Slide 8: Driving the Next Phase of Growth Through Clear Strategic Priorities

    DRIVING THE NEXT PHASE OF GROWTH THROUGH CLEAR STRATEGIC PRIORITIES 1 2 3 4 Amplify and Elevate Be the Clear Winner in Seize Whitespace Continue to Win Awareness of Our Iconic, Digital to Further Support Opportunities in Lifestyle With Products That Consumer-Centric Brands Multi-channel Growth Bags(

  9. Slide 9: Advancing Growth Priorities Through the Global Marketing and E-Commerce Office

    1 2 ADVANCING OUR FIRST TWO GROWTH PRIORITIES THROUGH THE NEWLY ESTABLISHED GLOBAL MARKETING AND E-COMMERCE OFFICE (GMEO) The GMEO has hit the ground running, working across the organization to: Strengthen consistent global brand execution 01 (with local flexibility) and drive higher-impact storytel

  10. Slide 10: Mediterranean Escape

    1 MEDITERRANEAN ESCAPE Inspiring connection with a more emotional, destination- led TUMI narrative • Grounded in TUMI’s positioning as a performance luxury brand for achievement-minded people on the move, Mediterranean Escape brings the joy and ease of travel to life— pairing rich visual storytellin

  11. Slide 11: Elevating the Samsonite Brand in North America with New Media Campaign

    1 ELEVATING THE SAMSONITE BRAND IN NORTH AMERICA WITH OUR NEW MEDIA CAMPAIGN FEATURING OLIVIA CULPO • Introduced Chocolate Mauve, a trend-forward neutral colorway, as the newest expression of our “It’s Not Just a Bag, It’s a Samsonite” brand platform. • Campaign stars Olivia Culpo, supporting the br

  12. Slide 12: DTC E-Commerce Was the Fastest Growing Channel in Q1

    2 DTC E-COMMERCE WAS THE FASTEST GROWING CHANNEL IN Q1 (+11.3%(1) YEAR- Comparison of OVER-YEAR) Net Sales by Channel Mix Evolution(2) Channel DTC(3) E-Commerce DTC(3) E-Commerce 38% 11% 40% 12% • Total DTC net sales increased 4.2%(1) in Q1 Retail year-over-year. 27% Retail 28% • DTC e-commerce incr

  13. Slide 13: Accelerating Our Path to Become the Digital Leader in Our Industry

    2 WE ARE ACCELERATING OUR PATH TO BECOME THE DIGITAL LEADER IN OUR INDUSTRY Powerful Company-Operated Direct-to-Consumer Mobile Platform that Allows Access On-the- Go Wholesalers with a Global Reach and Presence Partnerships with the Leading E-Retailers 13

  14. Slide 14: Significant Whitespace Opportunity in Lifestyle Bags

    3 SIGNIFICANT WHITESPACE OPPORTUNITY IN LIFESTYLE BAGS(1), A CATEGORY At $67bn, the Global Bags Market(2) is massive, and BENEFITING FROM GLOBAL BAGS(2) with only 3% market MARKET GROWTH (3.5% CAGR(3)) share, we have Global Bags(2) significant room to grow. SAMSONITE GROUP CURRENT MARKET SHARE % (1)

  15. Slide 15: Building a Market Leading Strategy in Lifestyle Bags

    3 WE ARE BUILDING A MARKET LEADING STRATEGY IN LIFESTYLE BAGS Hero Lifestyle Bags Collections include ECODIVER for Samsonite, VOYAGEUR for TUMI, and TAKE2CABIN for American Tourister Partnering with Advisors to Improve Execution Evaluating Acquisitions to Bolster Our Portfolio Growing into Casual Ba

  16. Slide 16: Strong Growth of Lifestyle Bags Category Net Sales Continued in Q1

    3 STRONG GROWTH OF LIFESTYLE BAGS CATEGORY(1) NET SALES CONTINUED Comparison of Travel IN Q1 (+4.8%(2) YEAR-OVER-YEAR) vs. Lifestyle Bags Category(1) Net Sales Net Sales by Category • Lifestyle Bags category(1) Lifestyle Bags(1) Lifestyle Bags(1) net sales increased 4.8%(2) 36% 38% in Q1 2026 year-o

  17. Slide 17: Continue to Win with Products That Resonate Globally

    4 CONTINUE TO WIN WITH PRODUCTS THAT RESONATE GLOBALLY Nexis Alpha 4 Soundbox Lead the Future in Centralized Product & Focus on Lighter, More Innovation and Marketing Coordination Broaden Assortment Flexible, Durable and Sustainability – Building to Enable Global in Adjacent Categories Sustainable M

  18. Slide 18: Nexis – Redefining the Future of Travel

    4 NEXIS – REDEFINING THE FUTURE OF TRAVEL • Introduced Nexis, Samsonite’s next-generation hardside collection, designed as the ultimate future-proof travel companion. • Innovation-led storytelling brings Samsonite’s material leadership to life, showcasing strength, lightness, and resilience through

  19. Slide 19: Paralux

    4 EXTENDING A GLOBAL BEST SELLER: PARALUX SEASONAL COLORS LAUNCH IN FALL 2026 BLUE FOG COFFEE & COPPER PARALUX 19

  20. Slide 20: Financial Highlights

    FINANCIAL HIGHLIGHTS 20

  21. Slide 21: Q1 2026 Financial Performance Highlights

    Q1 2026 FINANCIAL PERFORMANCE HIGHLIGHTS Net Sales Gross Margin Marketing Expenses Adjusted EBITDA(2) (US$ million) (US$ million) (US$ million) (US$ million) • Net sales were up 4.1% year- • Overall gross margin • Marketing expenses increased • Adjusted EBITDA margin(2) over-year on a reported basis

  22. Slide 22: Managing Costs with Discipline as We Invest for Future Growth

    MANAGING COSTS WITH DISCIPLINE AS WE INVEST FOR FUTURE GROWTH AND OPERATING LEVERAGE EXPANSION • Overall, we remain focused on investing Operating Expense (including Marketing) in marketing, digital, and selective store (US$ million) openings, which are key to securing long-term brand growth opportu

  23. Slide 23: Healthy Balance Sheet Enables Return of Cash to Shareholders

    HEALTHY BALANCE SHEET ENABLES RETURN OF CASH TO SHAREHOLDERS • Balance sheet remained very healthy and we believe we are well positioned to capitalize on anticipated strong long-term growth prospects. • Net debt(1) position of US$1,070 million as of March 31, 2026, a decrease of approximately US$29

  24. Slide 24: Outlook

    OUTLOOK 24

  25. Slide 25: Outlook

    OUTLOOK • We are confident in the long-term tailwinds supporting our business, including continued growth in travel demand, as well as our ability to execute on our strategic priorities to accelerate growth. • Nearer-term, we expect momentum from Q1 2026 to continue, with constant currency net sales

  26. Slide 26: Q&A

    Q&A 26

  27. Slide 27: Thank You

    THANK YOU 27

  28. Slide 28: Appendix

    APPENDIX 28

  29. Slide 29: Non-IFRS Financial Measures

    NON-IFRS FINANCIAL MEASURES In addition to our results determined in accordance with IFRS Accounting Standards, we review certain non-IFRS financial measures, including constant currency net sales growth, adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic and diluted earnin

  30. Slide 30: Adjusted EBITDA and Adjusted EBITDA Margin Reconciliation

    Adjusted EBITDA and Adjusted EBITDA Margin Reconciliation Adjusted EBITDA, a non-IFRS financial measure, eliminates the effect of a number of costs, charges and credits and certain other non-cash charges. Adjusted EBITDA is defined as profit for the period, adjusted to eliminate income tax expense,

  31. Slide 31: Adjusted Net Income and Adjusted EPS Reconciliation

    Adjusted Net Income and Adjusted EPS Reconciliation Adjusted net income, a non-IFRS financial measure, eliminates the effect of a number of costs, charges and credits and certain other non-cash charges, along with their respective tax effects, that impact our reported profit attributable to equity h

  32. Slide 32: Adjusted Free Cash Flow Reconciliation

    Adjusted Free Cash Flow Reconciliation We define adjusted free cash flow, a non-IFRS financial measure, as cash generated from operating activities, less (i) purchases of property, plant and equipment and software and (ii) principal payments on lease liabilities. We believe adjusted free cash flow p

  33. Slide 33: Total Net Leverage Ratio Reconciliation

    Total Net Leverage Ratio Reconciliation We calculate total net leverage ratio, a non-IFRS financial measure, by dividing total consolidated net debt (total borrowings excluding deferred financing costs, less cash and cash equivalents), by the consolidated adjusted EBITDA for the trailing four fiscal

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