Samsonite Sees Gregory’s Q3 Sales Climb 23 Percent
November 14, 2023
Samsonite International S.A. reported sales from its Gregory backpack brand grew 23 percent in the third quarter while an overall recovery in travel led to similar gains for the overall company.
Consolidated net sales were $957.7 million for the three months ended September 30, an increase of 21.1 percent on a reported basis and 21.2 percent constant currency.
Among its largest brands, sales of Samsonite reached $498.2 million, up 20.1 percent on a reported basis and 20.1 percent currency-adjusted. Tumi’s sales were $213.7 million, rising 29.3 percent on a reported basis and 29.8 percent on a currency-neutral basis. American Tourister sales totaled $173.8 million, increasing 19.4 percent on a reported basis and 19.8 percent on a currency-neutral basis. SBG Media