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Canadian (TSX) Consumer Discretionary Sector Analysis

UpdatedFeb 09, 2026
DataAggregated Company Financials
Companies54
  • 7D5.1%
  • 3M6.8%
  • 1Y32.1%
  • YTD-0.9%

Over the last 7 days, the Consumer Discretionary industry has risen 5.1%, driven by gains in Restaurant Brands International Limited Partnership and Dollarama of 5.2% and 2.8%, respectively. During this same period, the Canada Goose Holdings underperformed, falling 11%. This means that the industry has gained 32% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

Has the Canadian Consumer Discretionary Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Feb 2026CA$179.2bCA$144.3bCA$7.6b20.6x23.4x1.2x
Wed, 07 Jan 2026CA$181.4bCA$144.7bCA$7.6b19.5x23.9x1.3x
Fri, 05 Dec 2025CA$179.4bCA$144.9bCA$7.5b19x23.8x1.2x
Sun, 02 Nov 2025CA$168.0bCA$145.2bCA$7.4b17.4x22.6x1.2x
Tue, 30 Sep 2025CA$165.4bCA$144.4bCA$7.7b17.6x21.5x1.1x
Thu, 28 Aug 2025CA$160.8bCA$143.4bCA$7.6b17.5x21.1x1.1x
Sat, 26 Jul 2025CA$161.0bCA$142.7bCA$7.7b17.5x21x1.1x
Mon, 23 Jun 2025CA$152.6bCA$142.7bCA$7.6b15.9x20.1x1.1x
Wed, 21 May 2025CA$142.2bCA$135.9bCA$7.4b15.9x19.1x1x
Fri, 18 Apr 2025CA$129.9bCA$137.9bCA$7.0b14.8x18.7x0.9x
Sun, 16 Mar 2025CA$136.7bCA$150.2bCA$7.2b17.1x19x0.9x
Tue, 11 Feb 2025CA$139.3bCA$148.9bCA$8.2b15.3x17x0.9x
Thu, 09 Jan 2025CA$140.8bCA$148.9bCA$8.1b14.3x17.3x0.9x
Sat, 07 Dec 2024CA$144.7bCA$147.5bCA$8.0b14.8x18x1x
Mon, 04 Nov 2024CA$138.9bCA$145.1bCA$7.7b17x18.1x1x
Wed, 02 Oct 2024CA$140.3bCA$143.9bCA$7.5b17.6x18.8x1x
Fri, 30 Aug 2024CA$139.0bCA$144.7bCA$7.7b17.3x18x1x
Sun, 28 Jul 2024CA$138.2bCA$146.7bCA$8.0b14x17.3x0.9x
Tue, 25 Jun 2024CA$131.1bCA$145.7bCA$7.9b13.7x16.5x0.9x
Thu, 23 May 2024CA$134.5bCA$147.4bCA$8.0b13.8x16.7x0.9x
Sat, 20 Apr 2024CA$132.5bCA$146.8bCA$8.2b13.9x16.1x0.9x
Mon, 18 Mar 2024CA$136.1bCA$145.8bCA$8.1b15.2x16.9x0.9x
Wed, 14 Feb 2024CA$133.4bCA$146.0bCA$7.8b15.4x17x0.9x
Fri, 12 Jan 2024CA$137.8bCA$149.2bCA$7.7b15.7x17.9x0.9x
Sun, 10 Dec 2023CA$106.8bCA$144.6bCA$6.9b15.4x15.5x0.7x
Tue, 07 Nov 2023CA$104.8bCA$145.8bCA$7.2b14.7x14.5x0.7x
Thu, 05 Oct 2023CA$104.2bCA$143.7bCA$7.2b14.5x14.5x0.7x
Sat, 02 Sep 2023CA$112.5bCA$142.5bCA$7.1b16x15.9x0.8x
Mon, 31 Jul 2023CA$116.8bCA$136.7bCA$6.4b16.5x18.1x0.9x
Wed, 28 Jun 2023CA$111.0bCA$135.8bCA$6.4b15.6x17.2x0.8x
Fri, 26 May 2023CA$109.1bCA$137.6bCA$6.5b15.2x16.9x0.8x
Sun, 23 Apr 2023CA$110.9bCA$134.9bCA$6.8b15.8x16.4x0.8x
Tue, 21 Mar 2023CA$87.8bCA$107.7bCA$5.0b14x17.7x0.8x
Thu, 16 Feb 2023CA$103.1bCA$122.3bCA$6.5b14.4x15.9x0.8x
Price to Earnings Ratio

15.9x


Total Market Cap: CA$103.1bTotal Earnings: CA$6.5bTotal Revenue: CA$122.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Consumer Discretionary Sector Price to Earnings3Y Average 18.3x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Consumer Discretionary industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.4x which is higher than its 3-year average PE of 18.3x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 5.6% per year over the last three years.
  • Revenues for these companies have grown 5.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Consumer Discretionary sector?

CA Market2.10%
Consumer Discretionary5.06%
Luxury8.01%
Consumer Durables5.37%
Auto Components5.23%
General Merchandise and Department Stores5.15%
Hospitality4.65%
Specialty Stores4.02%
Leisure4.01%
Consumer Services1.70%
Auto0%0
Online Retail and Ecommerce0%0
Retail Distributors-12.50%
Industry PE
  • Investors are most optimistic about the Consumer Durables industry which is trading above its 3-year average PE ratio of 11.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 0.3% per year.
  • In contrast, the General Merchandise and Department Stores industry is expected to see its earnings grow by 8.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
QSP.UN Restaurant Brands International Limited PartnershipCA$96.235.2%
+CA$1.5b		7.6%PE17.4x
DOL DollaramaCA$192.272.8%
+CA$1.4b		36.8%PE40.1x
MG Magna InternationalCA$73.805.1%
+CA$1.0b		32.4%PE14.7x
GIL Gildan ActivewearCA$97.306.8%
+CA$928.7m		34.2%PE22.4x
ATZ AritziaCA$112.564.9%
+CA$776.6m		59.9%PE37.9x

Latest News

AEG
CA$0.28
Aegis Brands
7D
-12.5%
1Y
-15.2%

Aegis Brands (TSE:AEG) Has A Somewhat Strained Balance Sheet

Feb 09
Aegis Brands (TSE:AEG) Has A Somewhat Strained Balance Sheet
CTC.A
CA$179.64
Canadian Tire Corporation
7D
5.3%
1Y
14.1%

Returns On Capital At Canadian Tire Corporation (TSE:CTC.A) Have Hit The Brakes

Feb 08
Returns On Capital At Canadian Tire Corporation (TSE:CTC.A) Have Hit The Brakes
GOOS
CA$15.39
Canada Goose Holdings
7D
-11.0%
1Y
9.2%

GOOS: Demand Uncertainty And Downgrades Will Cap Shares Despite 2026 Sector Tailwinds

Analysts have trimmed their price targets on Canada Goose Holdings to about $12.00, reflecting more cautious assumptions on revenue growth and valuation multiples, even as they factor in higher projected profit margins and a higher discount rate in their models. Analyst Commentary Recent Street research has tilted more cautious on Canada Goose Holdings, with several bearish analysts revisiting their rating stance and price targets.
MG
CA$73.80
Magna International
7D
5.1%
1Y
32.4%

MG: European EV Assembly And China eDrive Expansion Will Shape A Measured Outlook

Analysts have reduced their fair value estimate for Magna International to about $69, down from roughly $71, reflecting a slightly higher discount rate and modestly adjusted assumptions for revenue growth, profit margins, and future P/E multiples. What's in the News GAC and Magna launched a vehicle assembly program focused on electric mobility in Europe, with serial production of GAC's AION V electric SUV now running at Magna's Graz facility (Key Developments).
ATZ
CA$112.56
Aritzia
7D
4.9%
1Y
59.9%

ATZ: Higher P/E Expectations Will Shape Future Upside Potential

Aritzia's fair value estimate has been revised higher to C$128.92 from C$64.00, reflecting analysts' higher price targets in the C$148 to C$155 range and updated assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research on Aritzia reflects a cluster of higher price targets in the C$132 to C$155 range, paired with generally positive ratings such as Buy and Outperform.
DOL
CA$192.27
Dollarama
7D
2.8%
1Y
36.8%

DOL: Future Buybacks Will Likely Prove Insufficient To Justify Rich Pricing

Analysts have raised their fair value estimate for Dollarama from $147.82 to $160.92, reflecting updated views on its discount rate, revenue growth, profit margins and future P/E assumptions. What's in the News Dollarama completed a share repurchase of 2,605,912 shares, equal to 0.94% of its outstanding shares, between August 4, 2025 and November 2, 2025 under its previously announced buyback program.
TOY
CA$19.69
Spin Master
7D
5.8%
1Y
-36.7%

TOY: Execution Improvements And Brand Strength Will Support Future Share Performance

Analysts have trimmed their price target on Spin Master by C$2.00, reflecting slightly lower fair value estimates and updated assumptions for the discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts view the updated price target, even after a C$4 reduction, as still reflecting meaningful upside potential if management delivers on execution and efficiency goals.
GIL
CA$97.30
Gildan Activewear
7D
6.8%
1Y
34.2%

GIL: Future Outlook Will Reflect Revised Profitability Assumptions And Fair Value Balance

Analysts have trimmed their implied fair value estimate for Gildan Activewear from about $88.39 to $86.39. This reflects updated views on revenue growth, profit margins, the discount rate, and expected future P/E levels.
IFA
CA$2.04
iFabric
7D
-11.3%
1Y
88.9%
KITS
CA$20.20
Kits Eyecare
7D
-0.4%
1Y
130.9%
MENE
CA$0.20
Mene
7D
-7.0%
1Y
53.8%

Optimistic Investors Push Mene Inc. (CVE:MENE) Shares Up 28% But Growth Is Lacking

Jan 27
Optimistic Investors Push Mene Inc. (CVE:MENE) Shares Up 28% But Growth Is Lacking
BRAG
CA$2.56
Bragg Gaming Group
7D
-14.1%
1Y
-67.3%
LNR
CA$88.58
Linamar
7D
2.6%
1Y
66.2%

Linamar (TSE:LNR) Seems To Use Debt Quite Sensibly

Jan 07
Linamar (TSE:LNR) Seems To Use Debt Quite Sensibly
QSP.UN
CA$96.23
Restaurant Brands International Limited Partnership
7D
5.2%
1Y
7.6%
JJ
CA$0.10
Jackpot Digital
7D
-9.1%
1Y
42.9%
TWC
CA$22.00
TWC Enterprises
7D
-4.3%
1Y
23.9%