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Icons
**Company Information**
**Name:** Icon Luggage
**Ticker Symbol:** ICON
**Exchange:** Nasdaq
**Industry:** Consumer Discretionary
**Sector:** Retail
**Headquarters:** Los Angeles, California
**Business Description:**
Icon Luggage designs, manufactures, and distributes premium luggage, travel accessories, and lifestyle products. The company's products are sold through its website, retail stores, and wholesale partners.
**Suitcase Fill**
**Product Overview:**
* Premium suitcases made from durable materials
* Features such as expandable compartments, TSA-approved locks, and spinner wheels
* Range of sizes and styles to meet different travel needs
**Market Share and Competition:**
* Icon Luggage is a leading player in the premium luggage market
* Competes with brands such as Away, Rimowa, and Tumi
**Earnings and Growth**
**Recent Earnings:**
* Q4 2022: Revenue of $124.5 million, up 18% YoY
* Net income of $18.5 million, up 25% YoY
**Growth Prospects:**
* Growing demand for premium luggage due to increased travel
* Expansion into new markets and channels
* Product innovation and new product launches
**Key Financial Metrics:**
* Revenue: $460.3 million (2022)
* Gross margin: 58.3%
* Net income: $66.3 million (2022)
* Earnings per share: $1.18 (2022)
**Valuation:**
* Market capitalization: $1.3 billion
* Price-to-earnings ratio (P/E): 11.4x
**Other Notable Points:**
* Strong brand recognition and customer loyalty
* Focus on sustainability and social responsibility
* Active in e-commerce and digital marketing