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U.K. (FTSE) General Merchandise and Department Stores Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies3
  • 7D0.4%
  • 3M-4.0%
  • 1Y1.8%
  • YTD-1.3%

THG is up 19%, leading the way for the General Merchandise and Department Stores industry, which has gained 5.6%. During this same period, the B&M European Value Retail underperformed, falling 6.3%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 9.5% annually.

Industry Valuation and Performance

Has the U.K. General Merchandise and Department Stores Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026UK£17.7bUK£14.3bUK£1.1b12.1x16.5x1.2x
Sat, 14 Mar 2026UK£17.1bUK£13.8bUK£857.8m13x20x1.2x
Mon, 09 Feb 2026UK£17.3bUK£13.8bUK£857.8m13x20.2x1.3x
Wed, 07 Jan 2026UK£18.9bUK£13.8bUK£857.8m13.7x22.1x1.4x
Fri, 05 Dec 2025UK£18.8bUK£13.8bUK£857.8m13.8x21.9x1.4x
Sun, 02 Nov 2025UK£19.1bUK£13.7bUK£927.8m13.3x20.6x1.4x
Tue, 30 Sep 2025UK£17.4bUK£13.7bUK£927.8m13.1x18.8x1.3x
Thu, 28 Aug 2025UK£17.1bUK£13.4bUK£874.6m13.5x19.5x1.3x
Sat, 26 Jul 2025UK£17.0bUK£13.4bUK£874.6m13.3x19.4x1.3x
Mon, 23 Jun 2025UK£17.4bUK£13.4bUK£874.6m14x19.9x1.3x
Wed, 21 May 2025UK£18.8bUK£13.4bUK£881.6m15.5x21.3x1.4x
Fri, 18 Apr 2025UK£17.7bUK£13.7bUK£823.9m14.5x21.5x1.3x
Sun, 16 Mar 2025UK£14.4bUK£13.4bUK£891.2m11.1x16.2x1.1x
Tue, 11 Feb 2025UK£15.3bUK£13.4bUK£891.2m12.1x17.2x1.1x
Thu, 09 Jan 2025UK£15.5bUK£13.4bUK£891.2m12.5x17.4x1.2x
Sat, 07 Dec 2024UK£16.8bUK£13.4bUK£888.1m13.3x18.9x1.3x
Mon, 04 Nov 2024UK£16.4bUK£13.3bUK£929.1m12.7x17.7x1.2x
Wed, 02 Oct 2024UK£16.6bUK£13.3bUK£929.1m13x17.9x1.2x
Fri, 30 Aug 2024UK£17.3bUK£13.0bUK£916.2m13.6x18.9x1.3x
Sun, 28 Jul 2024UK£16.1bUK£13.0bUK£915.4m12.9x17.6x1.2x
Tue, 25 Jun 2024UK£16.7bUK£13.0bUK£915.4m13.3x18.2x1.3x
Thu, 23 May 2024UK£17.7bUK£12.8bUK£903.4m14.8x19.6x1.4x
Sat, 20 Apr 2024UK£16.7bUK£12.8bUK£903.4m14x18.5x1.3x
Mon, 18 Mar 2024UK£16.4bUK£12.6bUK£487.8m14.9x33.7x1.3x
Wed, 14 Feb 2024UK£15.7bUK£12.6bUK£487.8m14x32.1x1.2x
Fri, 12 Jan 2024UK£16.7bUK£12.6bUK£487.8m15.1x34.2x1.3x
Sun, 10 Dec 2023UK£16.9bUK£12.6bUK£488.7m15.5x34.5x1.3x
Tue, 07 Nov 2023UK£15.0bUK£12.3bUK£481.7m13.8x31.1x1.2x
Thu, 05 Oct 2023UK£15.5bUK£12.3bUK£481.7m13.9x32.1x1.3x
Sat, 02 Sep 2023UK£15.5bUK£12.3bUK£513.5m14.2x30.2x1.3x
Mon, 31 Jul 2023UK£15.4bUK£12.3bUK£513.5m14x30x1.3x
Wed, 28 Jun 2023UK£14.9bUK£12.3bUK£519.7m14.2x28.8x1.2x
Fri, 26 May 2023UK£13.3bUK£12.0bUK£559.7m11.5x23.7x1.1x
Sun, 23 Apr 2023UK£14.4bUK£12.0bUK£559.7m12.2x25.8x1.2x
Price to Earnings Ratio

25.8x


Total Market Cap: UK£14.4bTotal Earnings: UK£559.7mTotal Revenue: UK£12.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. General Merchandise and Department Stores Industry Price to Earnings3Y Average 22.8x202420252026
Current Industry PE
    There are only 3 companies in the British Multiline Retail industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Multiline Retail industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 6.0% 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 U.K. Consumer Discretionary industry?

GB Market-0.19%
Consumer Discretionary-1.15%
General Merchandise and Department Stores0.38%
Broadline Retail0.38%
Department Stores0%0
General Merchandise Stores0%0
Industry PE
  • Investors are most optimistic about the Broadline Retail industry even though it's trading below its 3-year average PE ratio of 22.8x.
    • Analysts are expecting annual earnings growth of 9.5%, which is higher than its past year's earnings decline of 1.6% per year.
  • Investors are most pessimistic about the Broadline Retail industry, which is trading below its 3-year average of 22.8x.
Forecasted Growth
  • Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 9.5% over the next 5 years.
  • This is better than its past earnings decline of 1.6% per year.
  • In contrast, the Broadline Retail industry is expected to see its earnings grow by 9.5% 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
THG THGUK£0.3719.3%
+UK£97.1m		28.3%PS0.3x
NXT NEXTUK£133.900.6%
+UK£86.0m		11.6%PE17.3x

Latest News

BME
UK£1.73
B&M European Value Retail
7D
-6.3%
1Y
-44.8%
THG
UK£0.37
THG
7D
19.3%
1Y
28.3%
NXT
UK£133.90
NEXT
7D
0.6%
1Y
11.6%

NXT: Future Cash Returns Will Depend On Sustained Margin And Discount Rate Support

Analysts have nudged their price target on NEXT higher to £18,000 from £17,800. This reflects updated views on discount rates, long term margins and P/E assumptions, alongside a modestly revised fair value estimate.