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U.S. Luxury Industry Analysis

UpdatedMar 27, 2026
DataAggregated Company Financials
Companies66
  • 7D-3.4%
  • 3M-12.4%
  • 1Y-9.0%
  • YTD-13.4%

Over the last 7 days, the Luxury industry has remained flat, although notably Tapestry gained 4.2%. As for the longer term, the industry has declined 8.5% in the last year. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the U.S. Luxury Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Mar 2026US$245.2bUS$155.3bUS$7.6b18.5x32.3x1.6x
Sun, 22 Feb 2026US$291.7bUS$154.3bUS$7.7b21.5x37.9x1.9x
Tue, 20 Jan 2026US$271.3bUS$149.4bUS$9.0b20.1x30x1.8x
Thu, 18 Dec 2025US$279.6bUS$149.4bUS$9.4b22.6x29.8x1.9x
Sat, 15 Nov 2025US$255.2bUS$152.6bUS$10.0b18.4x25.5x1.7x
Mon, 13 Oct 2025US$252.6bUS$148.1bUS$9.7b19.8x26x1.7x
Wed, 10 Sep 2025US$284.6bUS$157.4bUS$10.6b19.8x26.8x1.8x
Fri, 08 Aug 2025US$290.1bUS$156.0bUS$11.5b17.2x25.3x1.9x
Sun, 06 Jul 2025US$297.4bUS$160.1bUS$10.3b16.9x29x1.9x
Tue, 03 Jun 2025US$279.9bUS$161.3bUS$11.8b16.6x23.8x1.7x
Thu, 01 May 2025US$249.8bUS$161.4bUS$11.4b14.8x21.9x1.5x
Sat, 29 Mar 2025US$280.3bUS$161.3bUS$11.3b15.9x24.7x1.7x
Mon, 24 Feb 2025US$321.2bUS$161.6bUS$11.4b18.3x28.2x2x
Wed, 22 Jan 2025US$327.8bUS$160.6bUS$11.5b18.6x28.6x2x
Fri, 20 Dec 2024US$329.4bUS$161.7bUS$11.8b18.2x27.9x2x
Sun, 17 Nov 2024US$307.3bUS$161.5bUS$11.6b18.3x26.4x1.9x
Tue, 15 Oct 2024US$312.2bUS$161.6bUS$10.7b19.4x29.1x1.9x
Thu, 12 Sep 2024US$291.5bUS$162.9bUS$11.2b17.3x26x1.8x
Sat, 10 Aug 2024US$279.0bUS$162.6bUS$10.9b16.5x25.5x1.7x
Mon, 08 Jul 2024US$292.6bUS$168.3bUS$11.3b17.1x25.9x1.7x
Wed, 05 Jun 2024US$339.2bUS$168.2bUS$10.8b18.2x31.5x2x
Fri, 03 May 2024US$309.5bUS$164.3bUS$11.7b18.9x26.6x1.9x
Sun, 31 Mar 2024US$335.1bUS$164.3bUS$11.5b19.3x29.2x2x
Tue, 27 Feb 2024US$359.2bUS$164.5bUS$10.7b19.5x33.5x2.2x
Thu, 25 Jan 2024US$337.8bUS$159.4bUS$10.9b17.3x30.9x2.1x
Sat, 23 Dec 2023US$353.6bUS$159.4bUS$11.0b17.8x32.1x2.2x
Mon, 20 Nov 2023US$325.6bUS$158.9bUS$10.4b16.3x31.3x2x
Wed, 18 Oct 2023US$313.3bUS$158.5bUS$10.5b15.4x29.8x2x
Fri, 15 Sep 2023US$295.0bUS$156.9bUS$10.6b13.8x27.9x1.9x
Sun, 13 Aug 2023US$322.4bUS$156.2bUS$10.5b15.3x30.8x2.1x
Tue, 11 Jul 2023US$316.2bUS$156.6bUS$10.7b13.1x29.4x2x
Thu, 08 Jun 2023US$310.6bUS$155.5bUS$11.2b12.2x27.8x2x
Sat, 06 May 2023US$349.6bUS$154.8bUS$10.8b12.1x32.3x2.3x
Mon, 03 Apr 2023US$349.9bUS$160.5bUS$10.7b12.7x32.6x2.2x
Price to Earnings Ratio

32.6x


Total Market Cap: US$349.9bTotal Earnings: US$10.7bTotal Revenue: US$160.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Luxury Industry Price to Earnings3Y Average 28.6x202420252026
Current Industry PE
  • Investors are optimistic on the American Luxury industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.6x which is higher than its 3-year average PE of 28.6x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 11% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Consumer Discretionary industry?

US Market-1.62%
Consumer Discretionary-0.27%
Luxury-3.38%
Textiles-1.18%
Apparel, Accessories and Luxury Goods-1.96%
Footwear-4.84%
Industry PE
  • Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry which is trading above its 3-year average PE ratio of 30.9x.
    • Analysts are expecting annual earnings growth of 18.1%, which is higher than its past year's earnings decline of 16.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 129% over the next 5 years.
  • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 18% 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
ZGN Ermenegildo ZegnaUS$9.917.1%
+US$308.6m		27.7%PE23.4x
FIGS FIGSUS$15.438.5%
+US$201.3m		217.5%PE75x
CROX CrocsUS$79.943.4%
+US$133.1m		-27.7%PS1x
PVH PVHUS$66.453.8%
+US$112.2m		-0.2%PE8.9x
BIRK Birkenstock HoldingUS$35.220.5%
+US$31.3m		-25.4%PE14.8x

Latest News

ONON
US$32.11
On Holding
7D
-17.4%
1Y
-30.2%
LULU
US$151.39
lululemon athletica
7D
-7.0%
1Y
-48.3%
RL
US$333.64
Ralph Lauren
7D
-1.9%
1Y
48.2%

RL: Raised Fair Value Will Reflect Durable Margins And Sector Support Through 2026

The analyst price target for Ralph Lauren has increased to $477 from $473, with analysts pointing to recent upgrades and price target raises across firms that cite confidence in the brand's growth durability and sector setup. Analyst Commentary Recent Street research on Ralph Lauren has reflected a cluster of bullish calls, with several firms lifting price targets and issuing positive views on the brand and its position within specialty retail.
DECK
US$93.69
Deckers Outdoor
7D
-10.7%
1Y
-19.9%

DECK: Raised Guidance And Core Brand Strength Will Support Future Returns

Analysts have nudged their price targets on Deckers Outdoor higher, citing stronger sales trends at UGG and HOKA, as well as increased confidence in management guidance. Analyst Commentary Recent Street research around Deckers Outdoor shows a cluster of upbeat views, with several bullish analysts lifting price targets and issuing upgrades following stronger trends in UGG and HOKA and management raising guidance.
FIGS
US$15.43
FIGS
7D
8.5%
1Y
217.5%

FIGS: International Expansion And Margin Recovery Efforts Will Likely Cap Near Term Upside

Narrative Update on FIGS The analyst fair value estimate for FIGS has moved from $9.81 to $16.31 as analysts factor in a series of higher price targets and upgrades that highlight international expansion, margin recovery efforts, and what they describe as sustained recovery and strong momentum following recent Q4 results. Analyst Commentary Recent research on FIGS centers on how the company executes on growth opportunities while working to restore profitability metrics, with price target changes reflecting different views on how quickly that balance can be achieved.
ZGN
US$9.91
Ermenegildo Zegna
7D
7.1%
1Y
27.7%
CROX
US$79.94
Crocs
7D
3.4%
1Y
-27.7%

CROX: Inventory Reset And DTC Focus Will Drive Future Rebound

Analysts have modestly lifted the fair value estimate for Crocs to $130, reflecting updated views on revenue growth, profit margins, and the stock's P/E outlook in light of recent rating changes and price target revisions across the Street. Analyst Commentary Recent Street research around Crocs has been mixed, but there are several clear pockets of optimism that help frame the updated fair value view.
CPRI
US$17.54
Capri Holdings
7D
-5.4%
1Y
-14.8%

CPRI: Trend Right Styles And 2026 Guidance Will Support Multiple Repricing

Capri Holdings' updated analyst price target reflects a modest reset in expectations, as analysts balance softer revenue and margin assumptions with a slightly higher future P/E outlook and a mix of recent target cuts and upgrades across the Street. Analyst Commentary Recent Street research on Capri Holdings reflects a mixed setup, with several firms adjusting ratings and price targets around the same time.
VFC
US$16.53
V.F
7D
0.2%
1Y
0.4%

VFC: Vans Brand Repair In 2026 Will Reframe Risk Reward

The analyst price target for V.F. has been revised higher from $25.00 to $31.42. Analysts point to updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E, even as some remain cautious about the pace of Vans brand recovery.
TPR
US$141.41
Tapestry
7D
-1.0%
1Y
94.4%

TPR: Higher Handbag Demand And Buybacks Will Support Richer Future P E Multiple

The analyst fair value estimate for Tapestry has been updated from $155.00 to $190.00, reflecting a series of recent price target increases and supportive research from multiple firms that highlight adjusted expectations for growth, margins, and valuation. Analyst Commentary Recent research shows a cluster of bullish analysts lifting price targets on Tapestry, with some major firms also reaffirming positive ratings.
PVH
US$66.45
PVH
7D
3.8%
1Y
-0.2%

PVH: Self Help And AI Adoption Will Drive Future Re Rating

Narrative Update on PVH Analysts have reduced their PVH Corp. price target to $120 from $148, citing ongoing self help initiatives that support slightly higher modeled revenue growth, profit margins, and a marginally lower future P/E assumption.
NKE
US$52.07
NIKE
7D
-2.6%
1Y
-20.9%

NKE: Product Reset And China Sentiment Will Support Future Margin Expansion

Analysts have lowered their price expectations for NIKE, with the updated fair value implying a move of roughly $0.55 lower per share. This reflects a balance between slower assumed revenue growth and a higher discount rate on one hand, and steady margin expectations and continued confidence in a product led recovery on the other.
LAKE
US$7.80
Lakeland Industries
7D
-6.8%
1Y
-61.9%

LAKE: Global Safety Contracts And Stable Margins Will Support Future Upside

Analysts have held their $16.50 price target for Lakeland Industries, citing largely unchanged assumptions for discount rate, revenue growth, profit margin, and future P/E as support for this steady view. What's in the News A class action lawsuit has been filed against Lakeland Industries and certain officers in the U.S. District Court for the Southern District of New York, alleging materially false and misleading statements regarding acquisitions, tariff headwinds, and financial guidance for the period from December 1, 2023 to December 9, 2025 (Pomerantz LLP announcement).
BIRK
US$35.22
Birkenstock Holding
7D
0.5%
1Y
-25.4%
AS
US$31.82
Amer Sports
7D
-2.6%
1Y
15.8%

AS: Future Upside Will Depend On 2026 EPS And Equity Offering

Analysts have nudged their price target on Amer Sports higher from about $47.83 to roughly $48.96, citing updated assumptions around revenue growth, profit margins, discount rate, and future P/E that slightly adjust their view of the company’s risk and earnings profile. What's in the News Amer Sports completed a follow on equity offering of ordinary shares, raising about US$750.0m through 20,604,396 shares priced at US$36.40 with a US$1.092 discount per share (offering filing and completion).
NCI
US$5.96
Neo-Concept International Group Holdings
7D
9.2%
1Y
170.9%