M Stanley issued a report indicating that high oil prices are significantly impacting SAMSONITE's sales growth and profit margins. They expect a moderate sales growth this year due to reduced air travel demand and consumer spending power. The firm has lowered its target price for SAMSONITE from HKD26 to HKD21, anticipating that the effects of rising air ticket prices and inflation will become more pronounced in the second half of 2026. Additionally, M Stanley has reduced its sales and earnings forecasts for 2026 and 2027.
