Samsonite Group S A (SMSOF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, good afternoon, and good evening, ladies and gentlemen. Welcome to the Samsonite Group 2025 Third Quarter Results Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 and 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1 and 1 again. please note that this event is being recorded. I would now like to hand the conference over to Mr. William Yu, Vice President of Investor Relations. Thank you. Please go ahead, sir. Thank you very much, operator, and thank you very much, everyone, for joining the call. We have the pleasure today of our CEO, Carl Gendro, and our CFO, Reza Talagani, with us. And our CEO, Carl Gendro, will start off with a few remarks. Thank you very much. Okay, thanks, William. Thanks, everybody for joining for Hong Kong, I realized we have a time change. So sorry, this is at 10 o'clock on your time, if I'm getting the times right. But thanks for being with us. I'm on page five. And I think the way I would start the title sums up really well strong momentum in the business supported by innovative products, which you'd expect from us. But importantly, all regions in our core brands, actually, all of our brands are delivering sequential improvement from in q3 versus q2. We've seen clear sales momentum in Q3. Our net sales declined for the quarter. Constant currency is 1.3%, coming off of a Q2 that was down 5.8%. Encouraging net sales growth was positive in the month of August, September, and October. And all regions and brands, as I said, are seeing sequential improvement in constant currency...