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U.S. Luxury Industry Analysis

UpdatedJun 09, 2026
DataAggregated Company Financials
Companies67
  • 7D-3.1%
  • 3M-7.3%
  • 1Y-10.0%
  • YTD-13.4%

Over the last 7 days, the Luxury industry has dropped 4.1%, driven by a pullback from NIKE of 5.9%. Overall the industry is down 11% in 12 months. Looking forward, 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
Tue, 09 Jun 2026US$234.3bUS$156.7bUS$8.7b23.6x26.9x1.5x
Thu, 07 May 2026US$233.8bUS$156.0bUS$7.1b21.8x33x1.5x
Sat, 04 Apr 2026US$230.7bUS$155.4bUS$7.0b18.7x33.1x1.5x
Mon, 02 Mar 2026US$279.2bUS$155.1bUS$7.8b20.6x35.6x1.8x
Wed, 28 Jan 2026US$271.1bUS$149.8bUS$9.1b18.7x29.9x1.8x
Fri, 26 Dec 2025US$266.7bUS$149.6bUS$9.1b19.9x29.4x1.8x
Sun, 23 Nov 2025US$253.9bUS$152.6bUS$10.1b19.7x25.2x1.7x
Tue, 21 Oct 2025US$262.9bUS$148.2bUS$9.7b19.6x27.1x1.8x
Thu, 18 Sep 2025US$274.9bUS$148.0bUS$9.9b21.1x27.7x1.9x
Sat, 16 Aug 2025US$285.3bUS$156.9bUS$10.5b19.9x27.1x1.8x
Mon, 14 Jul 2025US$291.3bUS$160.2bUS$10.3b16.4x28.2x1.8x
Wed, 11 Jun 2025US$274.8bUS$161.4bUS$11.6b16.8x23.7x1.7x
Fri, 09 May 2025US$260.6bUS$160.9bUS$11.5b16.7x22.6x1.6x
Sun, 06 Apr 2025US$240.0bUS$161.3bUS$11.2b14.1x21.4x1.5x
Tue, 04 Mar 2025US$320.7bUS$162.1bUS$11.4b17.3x28x2x
Thu, 30 Jan 2025US$346.6bUS$160.6bUS$11.5b18.8x30.3x2.2x
Sat, 28 Dec 2024US$336.7bUS$160.6bUS$11.5b18.6x29.4x2.1x
Mon, 25 Nov 2024US$316.6bUS$161.6bUS$11.7b18.5x27x2x
Wed, 23 Oct 2024US$311.2bUS$161.5bUS$10.7b18.4x29x1.9x
Fri, 20 Sep 2024US$304.7bUS$163.1bUS$11.1b19.4x27.4x1.9x
Sun, 18 Aug 2024US$300.7bUS$162.7bUS$11.0b17x27.4x1.8x
Tue, 16 Jul 2024US$290.9bUS$168.4bUS$11.3b17.5x25.7x1.7x
Thu, 13 Jun 2024US$340.4bUS$168.2bUS$10.8b19.2x31.4x2x
Sat, 11 May 2024US$319.8bUS$163.8bUS$11.6b19.1x27.6x2x
Mon, 08 Apr 2024US$311.0bUS$164.5bUS$11.5b18.3x27x1.9x
Wed, 06 Mar 2024US$348.4bUS$164.4bUS$10.8b18x32.3x2.1x
Fri, 02 Feb 2024US$338.6bUS$159.5bUS$10.9b17.9x31x2.1x
Sun, 31 Dec 2023US$353.7bUS$159.4bUS$11.0b17.7x32.1x2.2x
Tue, 28 Nov 2023US$331.2bUS$158.9bUS$10.4b16.7x31.9x2.1x
Thu, 26 Oct 2023US$310.2bUS$158.5bUS$10.5b14.8x29.5x2x
Sat, 23 Sep 2023US$284.2bUS$156.8bUS$10.6b13.1x26.9x1.8x
Mon, 21 Aug 2023US$313.7bUS$156.3bUS$10.5b15x30x2x
Wed, 19 Jul 2023US$327.9bUS$156.7bUS$10.7b13.4x30.5x2.1x
Fri, 16 Jun 2023US$325.8bUS$155.6bUS$11.2b12.2x29.1x2.1x
Price to Earnings Ratio

29.1x


Total Market Cap: US$325.8bTotal Earnings: US$11.2bTotal Revenue: US$155.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Luxury Industry Price to Earnings3Y Average 28.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Luxury industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio 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 8.0% 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-2.73%
Consumer Discretionary-3.61%
Luxury-3.10%
Textiles-0.35%
Apparel, Accessories and Luxury Goods-1.94%
Footwear-4.39%
Industry PE
  • Investors are most optimistic about the Footwear industry, which is trading close to its 3-year average PE ratio of 27.1x.
    • Analysts are expecting annual earnings growth of 19.0%, which is higher than its past year's earnings growth of 13.3% 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 Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 17% 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
TPR TapestryUS$140.901.5%
+US$422.3m		77.8%PE43x
RL Ralph LaurenUS$372.851.8%
+US$389.2m		37.9%PE23.6x
SHOO Steven MaddenUS$45.314.9%
+US$155.7m		73.6%PE43.5x
GIII G-III Apparel GroupUS$34.928.4%
+US$114.3m		57.6%PE11.7x
CPRI Capri HoldingsUS$19.385.3%
+US$112.9m		11.3%PE28.3x

Latest News

GIII
US$34.92
G-III Apparel Group
7D
8.4%
1Y
57.6%
WWW
US$16.80
Wolverine World Wide
7D
-4.3%
1Y
-9.8%
Narrative Update • Jun 07

WWW: Brand Momentum And Raised Profit Outlook Will Support Future Margin Expansion

Analysts have trimmed their average price target on Wolverine World Wide by about $1.50 to around $21.70, citing updated models after Q1 results and broader macro uncertainty, while still acknowledging solid recent performance. Analyst Commentary Bullish Takeaways Bullish analysts highlight that Q1 revenue came in ahead of expectations, which they see as a sign that the company is executing against current demand assumptions.
BIRK
US$43.66
Birkenstock Holding
7D
-2.8%
1Y
-22.2%
RL
US$372.85
Ralph Lauren
7D
1.8%
1Y
37.9%
AS
US$33.88
Amer Sports
7D
-5.4%
1Y
-10.1%
Narrative Update • Jun 07

AS: Future Upside Will Depend On 2026 Guidance And China Expansion

Analysts have nudged their price target for Amer Sports slightly higher to about $49.72 from roughly $49.60. The change reflects updated assumptions around revenue growth, profit margins and a modestly lower discount rate that together point to a small adjustment in the stock's fair value and future P/E profile.
PVH
US$76.80
PVH
7D
-17.8%
1Y
17.6%
Narrative Update • Jun 06

PVH: Tariff Refund Support Will Offset EMEA Headwinds For Earnings

PVH's updated analyst price target has been trimmed by a few dollars. This reflects softer EMEA expectations, tariff related earnings support, and a slightly higher discount rate that more than offsets modestly stronger margin assumptions and a lower future P/E multiple.
ZGN
US$14.82
Ermenegildo Zegna
7D
2.3%
1Y
71.5%
Narrative Update • Jun 06

ZGN: Fair Value Views Will Reflect Vertically Integrated Margins And P/E Expectations

Narrative Update Overview Analysts have lifted their price targets on Ermenegildo Zegna, including one move from $13 to $15, citing improving fundamentals supported by a durable, vertically integrated core business; stabilization at Tom Ford and Thom Browne; and better earnings visibility as wholesale rationalization moderates and direct to consumer momentum continues. Analyst Commentary Recent research points to a more constructive tone around Ermenegildo Zegna, with price targets referenced at around US$15, up from about US$13, tied to views on the business model and earnings visibility.
LULU
US$117.55
lululemon athletica
7D
-11.0%
1Y
-54.6%
Narrative Update • Jun 05

Lululemon Guided Soft in March and Softer in June. I'm Buying the Second Punch

Six weeks ago I wrote that a premium apparel brand earning enormous returns on capital had been marked down like it owed the crowd money. The stock was $143.
NKE
US$43.23
NIKE
7D
-5.9%
1Y
-30.2%
Narrative Update • Jun 05

NKE: Product Reset And China Recovery Will Support Future Earnings Resilience

Analysts have cut their price target for Nike from $74.97 to $60.49, reflecting a reset in revenue growth assumptions and the stock's removal from some high conviction lists, while they also acknowledge slightly better margin expectations and a lower assumed future P/E of about 22.6x. Analyst Commentary Recent research on Nike clusters around two clear themes.
CPRI
US$19.38
Capri Holdings
7D
5.3%
1Y
11.3%
SHOO
US$45.31
Steven Madden
7D
4.9%
1Y
73.6%
ONON
US$37.11
On Holding
7D
-6.4%
1Y
-34.3%
Narrative Update • Jun 03

ONON: Founder Leadership And Insider Buying Will Support Future Margin Strength

Analysts trimmed their blended price target for On Holding stock to $53.56 from $56.41. This reflects recent reductions in several firm targets, partly offset by select increases and ongoing debate around slightly softer revenue assumptions and stronger margin expectations.
DECK
US$109.73
Deckers Outdoor
7D
-1.0%
1Y
-1.1%
Narrative Update • Jun 03

DECK: Brand Strength And Buybacks Will Drive Future Upside Potential

Analysts have trimmed the blended price target on Deckers Outdoor by about $1. This reflects mixed revisions that weigh lower valuation multiples and macro uncertainty against expectations for steady fiscal 2027 performance, ongoing HOKA brand strength, and recent earnings beats.
TPR
US$140.90
Tapestry
7D
1.5%
1Y
77.8%
Narrative Update • Jun 02

TPR: International Expansion And AI Adoption Will Support Richer Future P/E Multiple

Analysts have raised Tapestry's average price target by a few dollars, supported by recent upgrades and target increases from several firms. These changes reflect modestly higher assumptions for revenue growth, profit margins, and future P/E expectations.
UAA
US$5.67
Under Armour
7D
2.3%
1Y
-16.0%
CROX
US$120.65
Crocs
7D
1.1%
1Y
18.0%
Narrative Update • May 25

CROX: Slower North America Turnaround Will Pressure Margins Despite Recent Optimism

Crocs' internal fair value estimate has moved from $71 to $86 as analysts factor in updated assumptions on revenue trends, margins and future P/E, supported by a series of recent price target raises and rating upgrades citing improving demand and inventory reset efforts. Analyst Commentary Recent research on Crocs includes several higher price targets and rating upgrades, alongside a cluster of more cautious views that focus on execution risk and the timing of any growth inflection.