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U.S. Luxury Industry Analysis

UpdatedJul 08, 2026
DataAggregated Company Financials
Companies66
  • 7D2.4%
  • 3M0.4%
  • 1Y-14.6%
  • YTD-12.4%

The Luxury industry is up 2.4% in the last week, with NIKE up 5.3%. In contrast, the industry has lost 15% in the last 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Jul 2026US$240.0bUS$156.5bUS$9.6b21.6x25x1.5x
Fri, 05 Jun 2026US$237.3bUS$156.7bUS$8.8b23.2x27x1.5x
Sun, 03 May 2026US$238.4bUS$155.8bUS$7.0b19.8x33.9x1.5x
Tue, 31 Mar 2026US$234.6bUS$155.3bUS$7.6b18.5x31x1.5x
Thu, 26 Feb 2026US$282.2bUS$154.9bUS$7.8b20.8x36.2x1.8x
Sat, 24 Jan 2026US$273.1bUS$149.6bUS$9.1b19.7x30.1x1.8x
Mon, 22 Dec 2025US$265.0bUS$149.5bUS$9.1b20.2x29.3x1.8x
Wed, 19 Nov 2025US$247.0bUS$152.3bUS$10.0b19.2x24.7x1.6x
Fri, 17 Oct 2025US$263.2bUS$148.2bUS$9.7b19.4x27.1x1.8x
Sun, 14 Sep 2025US$273.4bUS$147.9bUS$9.9b20.5x27.5x1.8x
Tue, 12 Aug 2025US$281.4bUS$156.5bUS$11.2b18.9x25.2x1.8x
Thu, 10 Jul 2025US$292.1bUS$160.2bUS$10.3b16.8x28.4x1.8x
Sat, 07 Jun 2025US$283.5bUS$161.4bUS$11.6b16.8x24.5x1.8x
Mon, 05 May 2025US$256.1bUS$160.9bUS$11.5b14.6x22.2x1.6x
Wed, 02 Apr 2025US$265.4bUS$161.2bUS$11.2b15.6x23.6x1.6x
Fri, 28 Feb 2025US$327.8bUS$162.1bUS$11.4b18.2x28.6x2x
Sun, 26 Jan 2025US$342.3bUS$160.7bUS$11.5b18.6x29.9x2.1x
Tue, 24 Dec 2024US$335.7bUS$160.6bUS$11.5b18.4x29.3x2.1x
Thu, 21 Nov 2024US$300.7bUS$161.7bUS$11.7b17.6x25.6x1.9x
Sat, 19 Oct 2024US$313.2bUS$161.5bUS$10.7b19.5x29.2x1.9x
Mon, 16 Sep 2024US$298.3bUS$163.0bUS$11.2b17.7x26.7x1.8x
Wed, 14 Aug 2024US$279.0bUS$162.6bUS$11.0b16.7x25.4x1.7x
Fri, 12 Jul 2024US$285.8bUS$168.3bUS$11.3b18x25.3x1.7x
Sun, 09 Jun 2024US$340.7bUS$168.2bUS$10.8b18.8x31.5x2x
Tue, 07 May 2024US$317.5bUS$164.4bUS$11.7b18.9x27.2x1.9x
Thu, 04 Apr 2024US$317.8bUS$164.3bUS$11.6b18.5x27.4x1.9x
Sat, 02 Mar 2024US$357.9bUS$164.4bUS$10.8b18.6x33.2x2.2x
Mon, 29 Jan 2024US$340.9bUS$159.4bUS$10.9b17.6x31.2x2.1x
Wed, 27 Dec 2023US$353.1bUS$159.4bUS$11.0b17.9x32x2.2x
Fri, 24 Nov 2023US$326.8bUS$158.9bUS$10.4b16.3x31.4x2.1x
Sun, 22 Oct 2023US$309.2bUS$158.6bUS$10.5b15x29.4x2x
Tue, 19 Sep 2023US$292.9bUS$156.9bUS$10.6b13.8x27.7x1.9x
Thu, 17 Aug 2023US$316.7bUS$156.3bUS$10.4b14.5x30.4x2x
Sat, 15 Jul 2023US$322.6bUS$156.7bUS$10.7b13.4x30x2.1x
Price to Earnings Ratio

30x


Total Market Cap: US$322.6bTotal Earnings: US$10.7bTotal Revenue: US$156.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Luxury Industry Price to Earnings3Y Average 28.7x202420252026
Current Industry PE
  • Investors are pessimistic on the American Luxury industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 25.0x which is lower than its 3-year average PE of 28.7x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 3.7% 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-0.65%
Consumer Discretionary0.29%
Luxury2.37%
Textiles4.85%
Footwear4.82%
Apparel, Accessories and Luxury Goods0.37%
Industry PE
  • Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 31.7x.
    • Analysts are expecting annual earnings growth of 15.9%, which is lower than the prior year's growth of 22.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 113% over the next 5 years.
  • In contrast, the Footwear industry is expected to see its earnings grow by 14% 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
NKE NIKEUS$43.215.3%
+US$3.2b		-41.5%PE20.6x
DECK Deckers OutdoorUS$106.086.8%
+US$943.0m		0.8%PE14.4x
BIRK Birkenstock HoldingUS$45.565.9%
+US$465.3m		-5.8%PE20.6x
ONON On HoldingUS$36.623.4%
+US$397.2m		-30.4%PE39.1x
KTB Kontoor BrandsUS$88.175.8%
+US$267.0m		24.3%PE17.5x

Latest News

CROX
US$124.55
Crocs
7D
3.2%
1Y
16.9%
Narrative Update • Jul 06

CROX: North America Recovery And Cash Returns Will Drive Balanced Risk Reward

Analysts have nudged their Crocs fair value estimate higher from $114.33 to $126.00, pointing to improving North America direct-to-consumer trends; early signs of recovery at HeyDude; slightly firmer revenue growth assumptions; and a modestly higher future P/E multiple as key supports for the higher price targets seen across recent upgrades. Analyst Commentary Bullish analysts see the recent upgrades and higher price targets as a reflection of improving fundamentals at Crocs, especially in North America and at HeyDude, and are framing the stock as a play on execution around growth, cost control, and earnings quality.
LEVI
US$24.66
Levi Strauss
7D
-0.7%
1Y
26.3%
Narrative Update • Jul 06

LEVI: Brand Momentum And Cautious Guidance Will Shape Upcoming Earnings Reaction

Levi Strauss' analyst fair value estimate has been revised to $24.00 from $23.00 as analysts factor in stronger recent topline trends, slightly higher projected revenue growth and profit margins, and updated P/E assumptions reflected in a series of higher Street price targets. Analyst Commentary Street research on Levi Strauss currently leans positive, with several firms lifting price targets following recent updates on sales trends, margins, and marketing activity.
RL
US$395.31
Ralph Lauren
7D
-1.5%
1Y
38.7%
Narrative Update • Jul 06

RL: Strong Q4 Execution And Asia Expansion Will Support Higher Long Term Assumptions

Ralph Lauren's analyst price target is updated from $477 to $511 as analysts point to a strong Q4 report, healthier revenue trends across key regions, and what they view as a well-shaped multi-year outlook supported by improved growth and profitability assumptions. Analyst Commentary Recent research on Ralph Lauren points to a cluster of higher price targets following the latest Q4 results, with several bullish analysts highlighting what they see as healthy execution and a clearer multi year framework for revenue growth and profitability.
NKE
US$43.21
NIKE
7D
5.3%
1Y
-41.5%
Narrative Update • Jul 06

NKE: Extended China Weakness And Slow Turnaround Will Continue To Restrain Shares

Nike's Analyst Price Target is now set at $25.83, up from $23.70, as analysts factor in weaker revenue growth and profit margins but a higher assumed future P/E multiple supported by mixed Street research that highlights slower sales progress alongside margin-focused turnaround efforts. Analyst Commentary Recent Street research on Nike points to a cautious tone, with many bearish analysts cutting price targets and questioning the pace of the company’s turnaround, even as they recognize ongoing efforts to protect margins and improve cash flow.
CRI
US$39.82
Carter's
7D
-3.3%
1Y
24.0%
Seeking Alpha • Jul 03

Carter's: Retail Is Improving, But Earnings Still Need To Catch Up

Summary Carter's shows improving US Retail demand, but earnings growth remains elusive, warranting a hold rating. The US Retail segment posted 12.8% net sales and 10.5% comp growth in Q1, driven by increased traffic and unit growth. Wholesale remains a significant drag, with margins dropping sharply and segment growth stagnating. Valuation is undemanding at ~12x NTM P/E, but upside depends on sustained retail momentum and wholesale margin recovery. Read the full article on Seeking Alpha
BIRK
US$45.56
Birkenstock Holding
7D
5.9%
1Y
-5.8%
Seeking Alpha • Jul 02

Birkenstock Holding's Strong Growth Doesn't Justify A Price This Low

Summary Birkenstock Holding plc demonstrates strong multi-year revenue growth, driven by both B2B and direct-to-consumer channels across global markets. BIRK is targeting 10% annual growth in pairs sold and expects 13–15% revenue growth this year, despite inflation and supply chain headwinds. Valuation appears reasonable relative to peers, with management signaling undervaluation via a $250 million accelerated share buyback (~3.2% of market cap). I assign a soft Buy rating, supported by robust growth levers, expanding production, and the brand's positioning as affordable luxury. Read the full article on Seeking Alpha
ONON
US$36.62
On Holding
7D
3.4%
1Y
-30.4%
Narrative Update • Jul 02

ONON: Recalibrated Growth Outlook Will Test Premium Brand Momentum

Analysts have reduced their fair value estimate for On Holding to $27.06 from $42.09. They are recalibrating revenue growth, margin expectations and valuation multiples in light of recent price target revisions that cluster in the $42 to $60 range.
UAA
US$6.74
Under Armour
7D
5.5%
1Y
-3.7%
FIGS
US$9.90
FIGS
7D
-3.2%
1Y
70.1%
TPR
US$146.30
Tapestry
7D
-0.05%
1Y
58.7%
Narrative Update • Jun 30

TPR: AI Decision Support And Gen Z Engagement Will Support Higher Future P/E

The analyst price target for Tapestry has moved from $205 to about $223, with analysts pointing to long term growth potential supported by brand strength, marketing scale, and AI driven decision support across the business. Analyst Commentary Recent research on Tapestry highlights a generally constructive tone, with several bullish analysts revisiting their models and price targets after fresh management meetings and updated views on the company’s earnings power and use of technology.
KTB
US$88.17
Kontoor Brands
7D
5.8%
1Y
24.3%
SHOO
US$39.89
Steven Madden
7D
-5.2%
1Y
55.9%
MOV
US$37.90
Movado Group
7D
-3.6%
1Y
128.0%
ZGN
US$13.62
Ermenegildo Zegna
7D
4.6%
1Y
49.7%
VFC
US$16.45
V.F
7D
-1.4%
1Y
32.2%
Seeking Alpha • Jun 26

V.F. Corporation: Vans Is Improving, But The Turnaround Still Needs More Time

Summary V.F. Corporation remains a hold as Vans' recovery is incomplete, despite early signs of improvement in Americas DTC. The North Face and Timberland continue to grow, reducing portfolio reliance on Vans and providing stability to VFC’s revenue base. Valuation remains at ~15x forward P/E, reflecting improved fundamentals but persistent execution risk tied to Vans and H2-weighted FY27 guidance. I would upgrade to buy if Vans’ recovery broadens globally and FY27 growth becomes less dependent on H2 performance. Read the full article on Seeking Alpha
DECK
US$106.08
Deckers Outdoor
7D
6.8%
1Y
0.8%
Analysis Article • Jun 19

Deckers Outdoor (DECK) Stock Could Be 14% Undervalued After Ugg Patent Verdict

A recent federal jury decision that invalidated Deckers Outdoor (DECK) design patent on the Ugg Ultra Mini Boot, while still finding a competitor’s product infringing, has sharpened investor focus on the stock’s legal and earnings outlook. See our latest analysis for Deckers Outdoor. Deckers Outdoor shares have been volatile around the legal headlines and upcoming earnings, with a 1-month share price return of 15.74% and a 1-year total shareholder return of 8.03% indicating that momentum has...