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U.S. Luxury Industry Analysis

UpdatedJun 03, 2026
DataAggregated Company Financials
Companies67
  • 7D-1.9%
  • 3M-11.2%
  • 1Y-13.1%
  • YTD-12.9%

Over the last 7 days, the Luxury industry has dropped 1.9%, driven by a pullback from NIKE of 2.7%. In contrast, Ermenegildo Zegna has gained 6.7%. Overall the industry is down 13% in 12 months. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 04 Jun 2026US$244.4bUS$156.7bUS$8.7b23.3x28.3x1.6x
Sat, 02 May 2026US$239.3bUS$155.8bUS$7.0b19.8x34x1.5x
Mon, 30 Mar 2026US$234.7bUS$155.3bUS$7.6b18.3x31x1.5x
Wed, 25 Feb 2026US$280.5bUS$154.7bUS$7.8b21x35.9x1.8x
Fri, 23 Jan 2026US$272.9bUS$149.6bUS$9.1b20.3x30.1x1.8x
Sun, 21 Dec 2025US$265.0bUS$149.5bUS$9.1b20.2x29.3x1.8x
Tue, 18 Nov 2025US$251.8bUS$152.3bUS$10.0b19.2x25.2x1.7x
Thu, 16 Oct 2025US$261.9bUS$148.1bUS$9.7b19.9x27x1.8x
Sat, 13 Sep 2025US$287.4bUS$157.3bUS$10.6b20.2x27.1x1.8x
Mon, 11 Aug 2025US$281.4bUS$156.5bUS$11.2b18.7x25.2x1.8x
Wed, 09 Jul 2025US$296.7bUS$160.1bUS$10.3b17.2x28.9x1.9x
Fri, 06 Jun 2025US$284.8bUS$161.3bUS$11.6b16.6x24.6x1.8x
Sun, 04 May 2025US$256.1bUS$160.9bUS$11.5b14.6x22.2x1.6x
Tue, 01 Apr 2025US$266.1bUS$161.3bUS$11.3b15.6x23.5x1.6x
Thu, 27 Feb 2025US$326.4bUS$162.1bUS$11.4b18.8x28.5x2x
Sat, 25 Jan 2025US$342.1bUS$160.7bUS$11.5b18.6x29.9x2.1x
Mon, 23 Dec 2024US$335.7bUS$160.8bUS$11.4b18.5x29.4x2.1x
Wed, 20 Nov 2024US$302.7bUS$161.5bUS$11.6b18.2x26x1.9x
Fri, 18 Oct 2024US$316.0bUS$161.5bUS$10.7b19.3x29.4x2x
Sun, 15 Sep 2024US$298.3bUS$163.0bUS$11.2b17.7x26.7x1.8x
Tue, 13 Aug 2024US$279.2bUS$162.5bUS$11.0b16.2x25.4x1.7x
Thu, 11 Jul 2024US$287.8bUS$168.3bUS$11.3b17.5x25.5x1.7x
Sat, 08 Jun 2024US$341.3bUS$168.2bUS$10.8b18.8x31.5x2x
Mon, 06 May 2024US$315.0bUS$164.4bUS$11.7b19.4x27x1.9x
Wed, 03 Apr 2024US$331.7bUS$164.3bUS$11.6b18.8x28.6x2x
Fri, 01 Mar 2024US$359.9bUS$164.4bUS$10.8b18.1x33.4x2.2x
Sun, 28 Jan 2024US$340.9bUS$159.4bUS$10.9b17.6x31.2x2.1x
Tue, 26 Dec 2023US$353.6bUS$159.4bUS$11.0b17.8x32.1x2.2x
Thu, 23 Nov 2023US$327.0bUS$158.9bUS$10.4b16.2x31.4x2.1x
Sat, 21 Oct 2023US$309.2bUS$158.6bUS$10.5b15x29.4x2x
Mon, 18 Sep 2023US$296.1bUS$156.9bUS$10.6b14x28x1.9x
Wed, 16 Aug 2023US$317.7bUS$156.4bUS$10.4b14.6x30.5x2x
Fri, 14 Jul 2023US$323.9bUS$156.7bUS$10.7b13.6x30.2x2.1x
Sun, 11 Jun 2023US$311.5bUS$155.6bUS$11.2b11.8x27.8x2x
Price to Earnings Ratio

27.8x


Total Market Cap: US$311.5bTotal 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 1.6x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 8.2% 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 Market1.22%
Consumer Discretionary-1.53%
Luxury-1.91%
Textiles2.89%
Apparel, Accessories and Luxury Goods-1.71%
Footwear-2.14%
Industry PE
  • Investors are most optimistic about the Footwear industry, which is trading close to its 3-year average PE ratio of 27.2x.
    • Analysts are expecting annual earnings growth of 18.9%, 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
ZGN Ermenegildo ZegnaUS$14.606.7%
+US$246.8m		71.8%PE34.1x
MOV Movado GroupUS$37.5025.8%
+US$170.7m		131.1%PE26x
PVH PVHUS$97.213.0%
+US$128.5m		17.8%PE177x
SHOO Steven MaddenUS$44.273.6%
+US$111.1m		78.5%PE42.5x
CRI Carter'sUS$39.803.6%
+US$51.6m		26.1%PE16.6x

Latest News

SHOO
US$44.27
Steven Madden
7D
3.6%
1Y
78.5%
LULU
US$126.47
lululemon athletica
7D
-0.7%
1Y
-62.2%
CPRI
US$18.28
Capri Holdings
7D
-1.2%
1Y
3.2%
Seeking Alpha • Jun 02

Capri Holdings Has Become Somewhat Cheaply Valued

Summary Capri Holdings is rated 'hold' due to improved outlook but persistent long-term underperformance and volatility. Management issued strong FY27 guidance: 43% EPS growth to $2.15 and 1.5% revenue growth, with a focus on brand reinvigoration. CPRI trades at a forward P/E of 8.7, well below sector and historical averages, signaling undervaluation if guidance is met. Analysts have revised EPS estimates upward, but Capri’s inconsistent track record prevents a buy rating despite turnaround efforts. Read the full article on Seeking Alpha
TPR
US$138.65
Tapestry
7D
-1.4%
1Y
76.2%
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.
GIII
US$32.58
G-III Apparel Group
7D
2.8%
1Y
12.0%
RL
US$363.51
Ralph Lauren
7D
-4.8%
1Y
29.0%
NKE
US$43.73
NIKE
7D
-2.7%
1Y
-29.9%
MOV
US$37.50
Movado Group
7D
25.8%
1Y
131.1%
New Narrative • May 29

Fashion Watch Revival And Direct To Consumer Shift Will Support A Stronger Future

Catalysts About Movado Group Movado Group designs, sources and sells watches and jewelry across owned and licensed brands through wholesale, retail and e commerce channels. What are the underlying business or industry changes driving this perspective?
AS
US$35.41
Amer Sports
7D
-4.0%
1Y
-5.5%
PVH
US$97.21
PVH
7D
3.0%
1Y
17.8%
FIGS
US$11.43
FIGS
7D
-10.7%
1Y
147.9%
Narrative Update • May 26

FIGS: International Expansion And Margin Recovery Will Support Future Upside Potential

Analysts have inched their FIGS fair value estimate down from $17.75 to $17.63, reflecting a slightly higher discount rate and lower future P/E assumptions, even as they continue to cite international expansion, product initiatives, and scale potential as key support for higher Street price targets in the stock around $17 to $20. Analyst Commentary Recent Street research on FIGS clusters around price targets in the mid-to-high teens, with several firms lifting targets as they reassess the company’s execution and growth opportunities.
CROX
US$116.86
Crocs
7D
0.7%
1Y
14.4%
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.
COLM
US$66.57
Columbia Sportswear
7D
1.2%
1Y
7.7%
Narrative Update • May 21

COLM: Higher 2026 Earnings Outlook Will Support Improving Risk Reward Profile

Columbia Sportswear's analyst fair value estimate has been revised from $75.00 to $92.00. This change reflects updated views from analysts who have recently raised their price targets as they factor in adjusted assumptions for revenue growth, profit margins, discount rate and future P/E.
ONON
US$38.32
On Holding
7D
-5.0%
1Y
-34.5%
CRI
US$39.80
Carter's
7D
3.6%
1Y
26.1%
ZGN
US$14.60
Ermenegildo Zegna
7D
6.7%
1Y
71.8%
Narrative Update • May 14

ZGN: Fair Value Views Will Hinge On Margin Resilience And P/E Expectations

Analysts have lifted the indicative fair value for Ermenegildo Zegna stock by about $1.13 per share, reflecting updated views on revenue growth assumptions, profit margin assumptions, and a higher future P/E multiple in recent research. Analyst Commentary Bullish Takeaways Bullish analysts lifting price targets by about $1.70 to $2 generally see room for the stock to better reflect their updated assumptions on revenue and profitability.