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Canadian (TSX) Consumer Discretionary Sector Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies54
  • 7D1.0%
  • 3M1.7%
  • 1Y40.5%
  • YTD0.6%

The Consumer Discretionary is pretty flat in the last 7 days, but Aritzia has stood out, gaining 8.6%. The past year has been better, since the industry has gained 40% in that time. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026CA$185.6bCA$145.5bCA$7.5b16.3x24.9x1.3x
Thu, 19 Mar 2026CA$183.1bCA$145.3bCA$7.3b15.5x25.1x1.3x
Sat, 14 Feb 2026CA$178.1bCA$144.1bCA$7.6b18.6x23.3x1.2x
Mon, 12 Jan 2026CA$184.3bCA$145.7bCA$7.7b19.7x23.9x1.3x
Wed, 10 Dec 2025CA$178.9bCA$144.6bCA$7.5b18.8x23.8x1.2x
Fri, 07 Nov 2025CA$168.5bCA$145.9bCA$7.5b17.4x22.3x1.2x
Sun, 05 Oct 2025CA$169.8bCA$144.5bCA$7.7b18.7x22x1.2x
Tue, 02 Sep 2025CA$161.3bCA$143.2bCA$7.6b17.6x21.2x1.1x
Thu, 31 Jul 2025CA$159.9bCA$143.5bCA$7.7b17x20.7x1.1x
Sat, 28 Jun 2025CA$154.1bCA$142.5bCA$7.6b16.1x20.4x1.1x
Mon, 26 May 2025CA$141.8bCA$134.8bCA$7.4b15.7x19.2x1.1x
Wed, 23 Apr 2025CA$128.8bCA$137.8bCA$7.0b15.1x18.5x0.9x
Fri, 21 Mar 2025CA$138.4bCA$149.1bCA$7.3b16.2x19.1x0.9x
Sun, 16 Feb 2025CA$138.2bCA$149.1bCA$7.1b18.6x19.5x0.9x
Tue, 14 Jan 2025CA$138.6bCA$149.1bCA$8.2b14.3x16.9x0.9x
Thu, 12 Dec 2024CA$146.2bCA$147.6bCA$8.0b14.9x18.2x1x
Sat, 09 Nov 2024CA$139.1bCA$145.4bCA$7.9b15.6x17.7x1x
Mon, 07 Oct 2024CA$139.3bCA$143.4bCA$7.4b17.9x18.7x1x
Wed, 04 Sep 2024CA$139.5bCA$145.1bCA$7.8b17.3x18x1x
Fri, 02 Aug 2024CA$138.5bCA$146.9bCA$7.9b13.8x17.5x0.9x
Sun, 30 Jun 2024CA$132.0bCA$145.9bCA$8.0b13.7x16.6x0.9x
Tue, 28 May 2024CA$133.1bCA$147.1bCA$8.0b13x16.6x0.9x
Thu, 25 Apr 2024CA$134.2bCA$146.5bCA$8.2b14x16.4x0.9x
Sat, 23 Mar 2024CA$137.3bCA$146.2bCA$8.1b14.9x17x0.9x
Mon, 19 Feb 2024CA$135.4bCA$144.8bCA$7.3b15.7x18.6x0.9x
Wed, 17 Jan 2024CA$135.5bCA$149.8bCA$7.7b16x17.5x0.9x
Fri, 15 Dec 2023CA$131.8bCA$149.2bCA$7.7b15.6x17x0.9x
Sun, 12 Nov 2023CA$104.7bCA$145.9bCA$7.0b14.5x15x0.7x
Tue, 10 Oct 2023CA$103.9bCA$143.3bCA$7.2b14.7x14.5x0.7x
Thu, 07 Sep 2023CA$110.5bCA$142.7bCA$7.1b15.4x15.6x0.8x
Sat, 05 Aug 2023CA$115.1bCA$137.3bCA$6.4b16.6x18.1x0.8x
Mon, 03 Jul 2023CA$115.3bCA$136.2bCA$6.4b16.7x17.9x0.8x
Wed, 31 May 2023CA$107.8bCA$137.6bCA$6.5b15.4x16.7x0.8x
Fri, 28 Apr 2023CA$111.4bCA$135.2bCA$6.8b16.1x16.4x0.8x
Price to Earnings Ratio

16.4x


Total Market Cap: CA$111.4bTotal Earnings: CA$6.8bTotal Revenue: CA$135.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Consumer Discretionary Sector Price to Earnings3Y Average 18.8x202420252026
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 24.9x which is higher than its 3-year average PE of 18.8x.
  • The 3-year average PS ratio of 0.98x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 3.3% per year over the last three years.
  • Revenues for these companies have grown 2.5% 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 Market1.15%
Consumer Discretionary0.97%
Specialty Stores6.64%
Auto Components3.44%
Consumer Services3.38%
Consumer Durables2.77%
Hospitality2.39%
Luxury0.66%
Auto0%0
Retail Distributors0%0
Online Retail and Ecommerce0%0
General Merchandise and Department Stores-0.86%
Leisure-18.82%
Industry PE
  • Investors are most optimistic about the Leisure industry which is trading above its 3-year average PE ratio of 24.0x.
    • Analysts are expecting annual earnings growth of 23.0%, which is lower than the prior year's growth of 431.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 59% over the next 5 years.
  • This is better than its past earnings decline of 65% per year.
  • In contrast, the Hospitality industry is expected to see its earnings grow by 11% 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
ATZ AritziaCA$140.228.6%
+CA$1.3b		228.3%PE46.8x
MG Magna InternationalCA$84.745.5%
+CA$1.2b		89.9%PE20.7x
QSP.UN Restaurant Brands International Limited PartnershipCA$106.432.5%
+CA$855.8m		23.3%PE21.7x
GRGD Groupe DynamiteCA$97.457.1%
+CA$708.1m		595.1%PE42.4x
GOOS Canada Goose HoldingsCA$16.626.8%
+CA$103.0m		47.1%PE75.1x

Latest News

DOO
CA$81.33
BRP
7D
-23.3%
1Y
79.3%

DOO: Tariff Headwinds And Execution Through 2027 Guidance Will Drive Upside

Analysts have lowered the BRP fair value estimate to CA$124 from CA$131, reflecting a reduced aggregate price target. This change is influenced by tariff-related cost headwinds, guidance uncertainty, and slightly softer growth assumptions, which are contributing to higher discount rates and modestly reduced future P/E expectations.
GRGD
CA$97.45
Groupe Dynamite
7D
7.1%
1Y
595.1%

E Commerce And Lean Inventory Model Will Support Long Term Apparel Expansion

Catalysts About Groupe Dynamite Groupe Dynamite operates specialty apparel brands, primarily GARAGE and Dynamite, focused on fashion for young women across stores and e-commerce. What are the underlying business or industry changes driving this perspective?
ATZ
CA$140.22
Aritzia
7D
8.6%
1Y
228.3%

ATZ: Equity Raise And Margin Execution Will Support Stronger Long Term Earnings Power

Analysts have kept their CA$168.00 price target for Aritzia unchanged, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E following recent bullish research coverage from the Street. Analyst Commentary Bullish analysts are leaning into a constructive view on Aritzia, using updated assumptions around discount rates, revenue growth, profit margins, and future P/E to justify keeping the CA$168.00 target in place following recent positive research coverage.
LNR
CA$84.17
Linamar
7D
-4.9%
1Y
77.1%
CTC.A
CA$193.45
Canadian Tire Corporation
7D
-1.9%
1Y
30.8%
DOL
CA$175.31
Dollarama
7D
-0.6%
1Y
4.4%

DOL: Share Repurchases And Dividend Increases Will Support Higher Future P/E

Dollarama's analyst fair value estimate has been trimmed by CA$3 to CA$232 as analysts adjust their price targets and supporting assumptions around growth, profitability, and P/E multiples in light of recent Street research updates. Analyst Commentary Recent Street research shows a broad reset of price targets on Dollarama, with several firms trimming their estimates while keeping a close eye on execution, growth prospects, and valuation discipline.
MTY
CA$40.12
MTY Food Group
7D
6.6%
1Y
-0.2%
BPF.UN
CA$25.17
Boston Pizza Royalties Income Fund
7D
-1.2%
1Y
45.3%
TOY
CA$18.30
Spin Master
7D
-1.1%
1Y
-17.3%

TOY: Buybacks And Steady Execution Will Support Future Share Outperformance

Analysts have trimmed the average price target on Spin Master by a few dollars to reflect a slightly higher discount rate and modestly lower Street targets in the CA$20 to CA$25 range, while keeping core fair value drivers such as revenue growth, profit margin and future P/E broadly unchanged. Analyst Commentary Recent Street research shows a cluster of target price cuts into the CA$20 to CA$25 band, with ratings generally maintained.
PET
CA$21.74
Pet Valu Holdings
7D
1.8%
1Y
-17.6%

PET: Store Expansion And Wholesale Mix Will Support Softer 2026 Outlook

Analysts have trimmed the consolidated price target for Pet Valu Holdings to CA$32 from a prior range that reached up to CA$40, citing softer recent results, a more competitive promotional backdrop, and a fiscal 2026 outlook that came in below earlier expectations. Analyst Commentary Research coverage on Pet Valu Holdings has shifted toward more conservative price targets, with analysts reassessing both execution risks and growth expectations in light of recent quarterly results and the fiscal 2026 outlook.
DIV
CA$4.30
Diversified Royalty
7D
-1.4%
1Y
53.6%
MG
CA$84.74
Magna International
7D
5.5%
1Y
89.9%

MG: Buybacks And Dividend Momentum Will Support Confidence In 2026 Outlook

Analysts have slightly adjusted their CA$ price target on Magna International as small changes to the discount rate, revenue growth, profit margin and future P/E assumptions feed into an updated view of the stock's valuation. What's in the News Magna introduced DHD REX, a dedicated hybrid drive for range extended electric vehicles that aims to offer an electric-like driving experience with instant torque response, quiet operation, and modular integration across multiple vehicle segments and platforms (Product-Related Announcement).
GOOS
CA$16.62
Canada Goose Holdings
7D
6.8%
1Y
47.1%

GOOS: Sector Tailwinds And Inventory Discipline Will Support Future Upside Potential

Analysts have trimmed their average Canada Goose Holdings price target by CA$2 to CA$12, citing recent downgrades and lingering demand uncertainty, even as some research points to sector level support from tighter inventories and potential macro tailwinds into 2026. Analyst Commentary Recent research has highlighted a mixed but constructive tone around Canada Goose Holdings, with several firms re-cutting numbers while still pointing to selective opportunities within specialty retail.
ACQ
CA$22.79
AutoCanada
7D
10.1%
1Y
45.2%

AutoCanada's (TSE:ACQ) Anemic Earnings Might Be Worse Than You Think

Mar 27
AutoCanada's (TSE:ACQ) Anemic Earnings Might Be Worse Than You Think
XAU
CA$16.00
Goldmoney
7D
-9.1%
1Y
99.5%
QSP.UN
CA$106.43
Restaurant Brands International Limited Partnership
7D
2.5%
1Y
23.3%