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Samsonite Group S.A. (SMSGY) Q1 2026 Earnings Call Transc...
2026-05-14 · via All Articles on Seeking Alpha

Samsonite Group S.A. (SMSGY) Q1 2026 Earnings Call May 13, 2026 8:30 AM EDT

Company Participants

Alvin Concepcion - Head of Investor Relations
Kyle Gendreau - CEO & Executive Director
Thomas Pizzuti - Chief Financial Officer

Conference Call Participants

Perry Yeung - UBS Investment Bank, Research Division
Dustin Wei - Morgan Stanley, Research Division
Akshay Gupta - HSBC Global Investment Research
Simon Cheung - Goldman Sachs Group, Inc., Research Division

Presentation

Operator

Good morning, good afternoon and good evening, ladies and gentlemen. Welcome to the Samsonite Group 2026 First Quarter Results Conference Call. [Operator Instructions] Please note that this event is being recorded. I would now like to hand the conference over to Mr. Alvin Concepcion, Vice President of Investor Relations. Thank you. Please go ahead, sir.

Alvin Concepcion
Head of Investor Relations

Thank you. Welcome to the Samsonite Group First Quarter Conference Call. On the call with us today are Kyle Gendreau, Chief Executive Officer; and Tom Pizzuti, Chief Financial Officer.

Before starting today's call, we would like to remind you that any forward-looking statements made on the call involve risks and uncertainties that are subject to the company's provisions as stated in the disclaimers in the company's press release and earnings announcement and that actual results can differ materially from those described in the forward-looking statements.

I will now turn the call over to Kyle.

Kyle Gendreau
CEO & Executive Director

Okay. Thanks, everyone. Thanks for joining. And I'm on Slide 5, ready to roll. So we're excited to report net sales growth continued into Q1 despite the conflict in the Middle East. Our net sales were up 4.1% on a reported basis, up 0.4% on a constant currency basis Net sales growth across North America and Latin America improved sequentially relative to Q4. Europe remained positive, and Asia grew despite a challenging environment caused by the conflict in the Middle East.