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U.S. Luxury Industry Analysis

UpdatedApr 02, 2026
DataAggregated Company Financials
Companies66
  • 7D-5.5%
  • 3M-15.1%
  • 1Y-12.0%
  • YTD-15.7%

Over the last 7 days, the Luxury industry has dropped 5.5%, driven by a pullback from NIKE of 16%. Meanwhile, PVH actually outperformed within the industry, gaining 14% in the last week. Overall the industry is down 12% in 12 months. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Apr 2026US$243.1bUS$155.5bUS$7.0b18.9x34.8x1.6x
Sat, 28 Feb 2026US$285.7bUS$155.1bUS$7.8b20.6x36.5x1.8x
Mon, 26 Jan 2026US$271.8bUS$149.6bUS$9.1b19.7x30x1.8x
Wed, 24 Dec 2025US$264.4bUS$149.6bUS$9.1b19.9x29.2x1.8x
Fri, 21 Nov 2025US$250.9bUS$152.7bUS$10.1b19.3x24.9x1.6x
Sun, 19 Oct 2025US$261.8bUS$148.2bUS$9.7b19.4x27x1.8x
Tue, 16 Sep 2025US$273.4bUS$148.0bUS$9.9b21.1x27.5x1.8x
Thu, 14 Aug 2025US$286.9bUS$156.8bUS$11.1b19.4x25.9x1.8x
Sat, 12 Jul 2025US$292.9bUS$160.1bUS$10.3b17.1x28.5x1.8x
Mon, 09 Jun 2025US$276.0bUS$161.4bUS$11.6b16.8x23.8x1.7x
Wed, 07 May 2025US$257.2bUS$161.0bUS$11.5b15.6x22.3x1.6x
Fri, 04 Apr 2025US$274.4bUS$161.3bUS$11.2b14.3x24.4x1.7x
Sun, 02 Mar 2025US$321.0bUS$162.0bUS$11.4b17.6x28.1x2x
Tue, 28 Jan 2025US$342.2bUS$160.7bUS$11.5b18.7x29.9x2.1x
Thu, 26 Dec 2024US$335.8bUS$160.6bUS$11.5b18.7x29.3x2.1x
Sat, 23 Nov 2024US$307.6bUS$161.6bUS$11.7b18.5x26.2x1.9x
Mon, 21 Oct 2024US$314.9bUS$161.5bUS$10.7b19.5x29.3x1.9x
Wed, 18 Sep 2024US$300.9bUS$163.0bUS$11.2b18.1x27x1.8x
Fri, 16 Aug 2024US$286.1bUS$162.7bUS$11.0b17.1x25.9x1.8x
Sun, 14 Jul 2024US$290.9bUS$168.4bUS$11.3b17.9x25.7x1.7x
Tue, 11 Jun 2024US$341.3bUS$168.2bUS$10.8b19x31.5x2x
Thu, 09 May 2024US$318.4bUS$164.2bUS$11.6b19.6x27.4x1.9x
Sat, 06 Apr 2024US$311.8bUS$164.5bUS$11.5b18.3x27x1.9x
Mon, 04 Mar 2024US$353.4bUS$164.4bUS$10.8b18.6x32.7x2.1x
Wed, 31 Jan 2024US$345.6bUS$159.4bUS$10.9b17.9x31.7x2.2x
Fri, 29 Dec 2023US$353.1bUS$159.4bUS$11.0b17.8x32x2.2x
Sun, 26 Nov 2023US$331.2bUS$158.9bUS$10.4b16.4x31.9x2.1x
Tue, 24 Oct 2023US$309.9bUS$158.6bUS$10.5b15x29.4x2x
Thu, 21 Sep 2023US$291.9bUS$156.9bUS$10.6b13.4x27.6x1.9x
Sat, 19 Aug 2023US$313.3bUS$156.3bUS$10.5b15x29.9x2x
Mon, 17 Jul 2023US$322.6bUS$156.7bUS$10.7b13.4x30x2.1x
Wed, 14 Jun 2023US$314.3bUS$155.6bUS$11.2b12.1x28.1x2x
Fri, 12 May 2023US$340.5bUS$155.2bUS$11.5b11.7x29.7x2.2x
Sun, 09 Apr 2023US$338.3bUS$160.7bUS$10.9b12.3x31.1x2.1x
Price to Earnings Ratio

31.1x


Total Market Cap: US$338.3bTotal Earnings: US$10.9bTotal Revenue: US$160.7bTotal 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 34.8x 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 14% 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-0.32%
Consumer Discretionary-0.98%
Luxury-5.50%
Apparel, Accessories and Luxury Goods0.39%
Textiles-2.43%
Footwear-10.98%
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 31.0x.
    • Analysts are expecting annual earnings growth of 17.5%, 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
PVH PVHUS$76.5614.1%
+US$434.9m		-1.6%PE138.6x
RL Ralph LaurenUS$353.012.0%
+US$428.6m		49.4%PE23.3x
LEVI Levi StraussUS$19.002.8%
+US$200.0m		13.6%PE14.6x
CROX CrocsUS$83.564.3%
+US$174.3m		-25.1%PS1x
ZGN Ermenegildo ZegnaUS$10.866.2%
+US$169.0m		47.2%PE25.5x

Latest News

NKE
US$44.63
NIKE
7D
-15.8%
1Y
-31.3%
NCI
US$0.83
Neo-Concept International Group Holdings
7D
-85.2%
1Y
-65.5%
PVH
US$76.56
PVH
7D
14.1%
1Y
-1.6%

PVH: Self Help And AI Collaboration Will Shape Balanced Risk Reward Outlook

PVH's analyst price target has been trimmed from $79 to $74 as analysts factor in lower Street targets tied to concerns around brand phaseouts and higher SG&A investments, even as they continue to reference company specific self help initiatives in their rationale. Analyst Commentary Recent price target revisions on PVH reflect a more cautious tone from several bearish analysts, even as they continue to reference self help initiatives and long term earnings ambitions.
ZGN
US$10.86
Ermenegildo Zegna
7D
6.2%
1Y
47.2%
LEVI
US$19.00
Levi Strauss
7D
2.8%
1Y
13.6%

LEVI: Future Returns Will Be Driven By Top Pick Endorsements

Analysts have nudged their average price target for Levi Strauss modestly higher to around $33, citing the stock's addition to a major firm’s top pick list and supportive new bullish coverage that highlights confidence in the company’s long term earnings profile and price-to-earnings (P/E) potential. Analyst Commentary Bullish Takeaways Bullish analysts view the stock’s inclusion on a top pick list as a sign that execution on the core business and brand is tracking well enough to stand out within the apparel group.
OXM
US$38.54
Oxford Industries
7D
16.9%
1Y
-36.7%
ONON
US$34.77
On Holding
7D
-1.1%
1Y
-22.6%
AS
US$33.86
Amer Sports
7D
0.7%
1Y
19.4%

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

Analysts have kept their Amer Sports fair value estimate steady at $48.96, with only slight tweaks to the underlying discount rate, revenue growth, profit margin, and future P/E assumptions that fine tune rather than overhaul their prior price target view. What's in the News Amer Sports completed a follow-on equity offering of ordinary shares, raising about $750.0m through 20,604,396 common shares at a price of $36.40 per share, with a discount of $1.092 per share (Key Developments).
RL
US$353.01
Ralph Lauren
7D
2.0%
1Y
49.4%

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$100.91
Deckers Outdoor
7D
0.9%
1Y
-14.5%

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$14.62
FIGS
7D
-7.7%
1Y
214.4%

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.
CROX
US$83.56
Crocs
7D
4.3%
1Y
-25.1%

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.
UAA
US$5.75
Under Armour
7D
-3.8%
1Y
-12.9%

UAA: Future Brand Reset And Execution Will Drive Earnings Power Reassessment

Analysts have increased the Under Armour price target by $2 to reflect recent broad-based target increases across Wall Street. They also modestly updated assumptions for discount rate, revenue growth, profit margin and future P/E.
VFC
US$16.92
V.F
7D
-1.7%
1Y
3.2%

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$144.35
Tapestry
7D
-1.3%
1Y
93.1%

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.
BIRK
US$35.71
Birkenstock Holding
7D
-1.8%
1Y
-24.3%