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Canadian (TSX) Consumer Discretionary Sector Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies53
  • 7D-2.0%
  • 3M-7.7%
  • 1Y27.9%
  • YTD-5.0%

Over the last 7 days, the Consumer Discretionary industry has dropped 4.8%, driven by Dollarama declining 9.3%. Over the past 12 months, the industry was up 26%. As for the next few years, earnings are expected to grow by 16% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Mar 2026CA$174.7bCA$145.6bCA$7.3b15.3x23.9x1.2x
Sat, 21 Feb 2026CA$190.5bCA$144.3bCA$7.3b18.1x26.2x1.3x
Mon, 19 Jan 2026CA$183.0bCA$145.7bCA$7.7b19.8x23.7x1.3x
Wed, 17 Dec 2025CA$180.6bCA$144.5bCA$7.6b19.9x23.8x1.3x
Fri, 14 Nov 2025CA$172.4bCA$145.5bCA$7.6b18.1x22.7x1.2x
Sun, 12 Oct 2025CA$163.4bCA$145.0bCA$7.8b18.2x21.1x1.1x
Tue, 09 Sep 2025CA$163.1bCA$143.7bCA$7.6b17.5x21.4x1.1x
Thu, 07 Aug 2025CA$161.4bCA$142.6bCA$7.8b17.3x20.6x1.1x
Sat, 05 Jul 2025CA$158.2bCA$142.0bCA$7.6b16.5x20.9x1.1x
Mon, 02 Jun 2025CA$150.2bCA$142.5bCA$7.5b16.4x20x1.1x
Wed, 30 Apr 2025CA$132.2bCA$137.9bCA$7.0b15.4x19x1x
Fri, 28 Mar 2025CA$133.2bCA$140.3bCA$7.0b16.5x18.9x0.9x
Sun, 23 Feb 2025CA$138.5bCA$149.4bCA$7.1b19.1x19.6x0.9x
Tue, 21 Jan 2025CA$138.2bCA$148.6bCA$8.1b14.9x17x0.9x
Thu, 19 Dec 2024CA$144.5bCA$149.2bCA$8.1b14.3x17.7x1x
Sat, 16 Nov 2024CA$139.9bCA$146.5bCA$7.9b14.5x17.7x1x
Mon, 14 Oct 2024CA$140.9bCA$144.6bCA$7.5b18.1x18.7x1x
Wed, 11 Sep 2024CA$134.1bCA$144.4bCA$7.4b17.3x18x0.9x
Fri, 09 Aug 2024CA$132.4bCA$146.1bCA$7.7b15.6x17.2x0.9x
Sun, 07 Jul 2024CA$132.4bCA$145.5bCA$7.9b13.6x16.7x0.9x
Tue, 04 Jun 2024CA$133.5bCA$146.1bCA$8.1b12.8x16.5x0.9x
Thu, 02 May 2024CA$133.1bCA$147.0bCA$8.3b13.6x16x0.9x
Sat, 30 Mar 2024CA$137.7bCA$145.4bCA$7.9b15x17.4x0.9x
Mon, 26 Feb 2024CA$136.1bCA$145.0bCA$8.1b15.3x16.8x0.9x
Wed, 24 Jan 2024CA$138.9bCA$149.6bCA$7.7b15.9x18x0.9x
Fri, 22 Dec 2023CA$134.7bCA$148.6bCA$7.7b16.1x17.5x0.9x
Sun, 19 Nov 2023CA$108.0bCA$145.5bCA$7.0b15.4x15.5x0.7x
Tue, 17 Oct 2023CA$103.4bCA$143.1bCA$7.2b14.5x14.4x0.7x
Thu, 14 Sep 2023CA$107.6bCA$142.7bCA$7.2b15.4x15x0.8x
Sat, 12 Aug 2023CA$113.6bCA$141.7bCA$7.0b16.6x16.2x0.8x
Mon, 10 Jul 2023CA$114.3bCA$136.4bCA$6.5b16.7x17.7x0.8x
Wed, 07 Jun 2023CA$110.7bCA$137.2bCA$6.5b15.6x17.1x0.8x
Fri, 05 May 2023CA$108.1bCA$135.4bCA$6.7b16.1x16x0.8x
Sun, 02 Apr 2023CA$109.8bCA$134.7bCA$6.8b13.7x16.2x0.8x
Price to Earnings Ratio

16.2x


Total Market Cap: CA$109.8bTotal Earnings: CA$6.8bTotal Revenue: CA$134.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Consumer Discretionary Sector Price to Earnings3Y Average 18.6x202420252026
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 24.5x which is higher than its 3-year average PE of 18.6x.
  • The 3-year average PS ratio of 0.97x 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 2.4% per year over the last three years.
  • Revenues for these companies have grown 2.6% 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 Market0.31%
Consumer Discretionary-1.99%
Retail Distributors12.50%
Consumer Durables8.44%
Leisure4.27%
Auto Components3.60%
Specialty Stores3.16%
Auto0%0
Online Retail and Ecommerce0%0
Luxury-0.064%
Hospitality-1.90%
General Merchandise and Department Stores-7.99%
Consumer Services-13.33%
Industry PE
  • Investors are most optimistic about the Leisure industry which is trading above its 3-year average PE ratio of 22.2x.
    • Analysts are expecting annual earnings growth of 23.2%, which is higher than its past year's earnings decline of 41.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Luxury industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 36% per year.
  • In contrast, the General Merchandise and Department Stores industry is expected to see its earnings grow by 10% 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
MG Magna InternationalCA$77.514.2%
+CA$888.4m		44.2%PE19.1x
ATZ AritziaCA$115.174.0%
+CA$509.2m		119.4%PE38.6x
GRGD Groupe DynamiteCA$75.954.5%
+CA$369.2m		423.8%PE42.3x
DOO BRPCA$89.535.1%
+CA$321.6m		64.1%PE27x
LNR LinamarCA$86.751.5%
+CA$76.7m		63.5%PE8.8x

Latest News

DOL
CA$172.01
Dollarama
7D
-9.3%
1Y
16.2%
MG
CA$77.51
Magna International
7D
4.2%
1Y
44.2%
DTOL
CA$7.64
D2L
7D
-15.4%
1Y
-55.3%
PET
CA$21.39
Pet Valu Holdings
7D
-3.0%
1Y
-16.2%
DOO
CA$89.53
BRP
7D
5.1%
1Y
64.1%
KITS
CA$14.51
Kits Eyecare
7D
3.3%
1Y
16.9%
TOY
CA$18.05
Spin Master
7D
1.2%
1Y
-29.9%
LNR
CA$86.75
Linamar
7D
1.5%
1Y
63.5%
DIV
CA$4.13
Diversified Royalty
7D
2.2%
1Y
46.5%
GRGD
CA$75.95
Groupe Dynamite
7D
4.5%
1Y
423.8%
ATZ
CA$115.17
Aritzia
7D
4.0%
1Y
119.4%

ATZ: Higher Margin Execution Will Support Stronger Long Term Earnings Power

Aritzia's analyst price target has been raised to a range of CA$135 to CA$155, with analysts citing their updated assumptions for revenue growth, profit margins and forward P/E as key support for the higher valuations. Analyst Commentary Street research on Aritzia is skewed toward higher valuation ranges, with several bullish analysts lifting their price targets into the CA$135 to CA$155 band.
GIL
CA$80.00
Gildan Activewear
7D
-0.2%
1Y
26.8%

GIL: Dividend Growth And Bangladesh Expansion Will Support Future Upside

Analysts have raised their price target on Gildan Activewear by roughly CA$1.30, citing updated assumptions that combine a slightly higher discount rate with lower projected revenue growth, a higher profit margin, and a more conservative future P/E multiple. What's in the News The company plans to construct a second textile facility in the Bangladesh complex over the next 18 months, with initial production targeted for late 2027 and capital expenditure expected to remain within existing capex guidance (company announcement).
XAU
CA$16.37
Goldmoney
7D
-5.7%
1Y
100.4%
QSP.UN
CA$100.83
Restaurant Brands International Limited Partnership
7D
-2.1%
1Y
4.7%
CTC.A
CA$183.44
Canadian Tire Corporation
7D
-1.3%
1Y
23.4%

CTC.A: Loyalty And AI Partnerships Will Guide Cautious Fair Value Expectations

Analysts have lifted our implied fair value for Canadian Tire Corporation by about CA$2 to CA$191.45. This reflects higher Street price targets and updated assumptions for discount rate, profit margin, and future P/E in line with recent TD Securities, CIBC, BMO Capital, and Scotiabank research.
LNF
CA$25.75
Leon's Furniture
7D
1.6%
1Y
9.6%