2023-08-16 12:51:11 ET
- Samsonite International press release ( OTCPK:SMSEY ): 1H Non-GAAP EPS of $0.118.
- Revenue of $1.78B (+40.2% Y/Y).
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Consolidated net sales surpassed first half 2019 levels by 16.2% during the first half of 2023.
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Gross margin expanded 310 basis points year-over-year during the first half of 2023.
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Achieved record profitability with first half 2023 Adjusted EBITDA margin of 18.8%, up 340 basis points year-on-year, and up 660 basis points versus the first half of 2019.
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For the three months ended June 30, the group registered consolidated net sales of $924.1 million, an increase of 36.1% , compared to the second quarter of 2022.
For further details see:
Samsonite International Non-GAAP EPS of $0.12, revenue of $1.78B