U.S. Luxury Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies71
- 7D-3.8%
- 3M-13.1%
- 1Y-18.5%
- YTD-21.4%
Over the last 7 days, the Luxury industry has dropped 3.8%, driven by pullbacks in NIKE and Lululemon Athletica of 2.7% and 7.0%, respectively. Overall the industry is down 19% in 12 months. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the U.S. Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | US$287.4b | US$168.4b | US$11.3b | 17.1x | 25.4x | 1.7x |
| Sat, 22 Jun 2024 | US$335.5b | US$168.1b | US$10.8b | 18.7x | 31x | 2x |
| Mon, 20 May 2024 | US$319.0b | US$163.9b | US$11.5b | 20x | 27.7x | 1.9x |
| Wed, 17 Apr 2024 | US$307.9b | US$164.3b | US$11.5b | 17.7x | 26.7x | 1.9x |
| Fri, 15 Mar 2024 | US$353.0b | US$164.4b | US$11.1b | 17.6x | 31.9x | 2.1x |
| Sun, 11 Feb 2024 | US$348.7b | US$159.0b | US$10.4b | 19x | 33.6x | 2.2x |
| Tue, 09 Jan 2024 | US$335.7b | US$159.4b | US$11.0b | 17.8x | 30.4x | 2.1x |
| Thu, 07 Dec 2023 | US$353.9b | US$158.9b | US$10.8b | 17x | 32.7x | 2.2x |
| Sat, 04 Nov 2023 | US$321.3b | US$159.0b | US$10.3b | 14.5x | 31.1x | 2x |
| Mon, 02 Oct 2023 | US$292.8b | US$157.1b | US$10.5b | 13.2x | 27.8x | 1.9x |
| Wed, 30 Aug 2023 | US$305.7b | US$156.2b | US$10.4b | 14.5x | 29.3x | 2x |
| Fri, 28 Jul 2023 | US$326.4b | US$156.7b | US$10.7b | 13.8x | 30.4x | 2.1x |
| Sun, 25 Jun 2023 | US$317.1b | US$155.6b | US$11.2b | 11.6x | 28.3x | 2x |
| Tue, 23 May 2023 | US$315.6b | US$155.2b | US$11.5b | 11.3x | 27.5x | 2x |
| Thu, 20 Apr 2023 | US$352.6b | US$160.7b | US$10.9b | 12.4x | 32.5x | 2.2x |
| Sat, 18 Mar 2023 | US$323.6b | US$149.0b | US$10.8b | 11.4x | 29.9x | 2.2x |
| Mon, 13 Feb 2023 | US$339.4b | US$157.9b | US$12.1b | 11.3x | 28.1x | 2.1x |
| Wed, 11 Jan 2023 | US$347.0b | US$158.2b | US$13.0b | 10.4x | 26.8x | 2.2x |
| Fri, 09 Dec 2022 | US$326.5b | US$155.3b | US$13.0b | 10.5x | 25.2x | 2.1x |
| Sun, 06 Nov 2022 | US$286.9b | US$155.1b | US$14.8b | 9.6x | 19.3x | 1.8x |
| Tue, 04 Oct 2022 | US$261.2b | US$154.3b | US$15.5b | 8.9x | 16.9x | 1.7x |
| Thu, 01 Sep 2022 | US$307.8b | US$153.3b | US$15.9b | 10x | 19.4x | 2x |
| Sat, 30 Jul 2022 | US$329.3b | US$152.9b | US$15.8b | 10x | 20.8x | 2.2x |
| Mon, 27 Jun 2022 | US$321.7b | US$152.4b | US$16.2b | 10.6x | 19.8x | 2.1x |
| Wed, 25 May 2022 | US$302.5b | US$151.2b | US$15.7b | 10.6x | 19.2x | 2x |
| Fri, 22 Apr 2022 | US$385.4b | US$146.8b | US$15.0b | 12.1x | 25.6x | 2.6x |
| Sun, 20 Mar 2022 | US$379.0b | US$145.1b | US$14.8b | 15.3x | 25.6x | 2.6x |
| Tue, 15 Feb 2022 | US$407.3b | US$146.4b | US$15.4b | 14x | 26.5x | 2.8x |
| Thu, 13 Jan 2022 | US$441.3b | US$143.9b | US$14.1b | 17.3x | 31.3x | 3.1x |
| Sat, 11 Dec 2021 | US$488.2b | US$142.5b | US$13.9b | 17.9x | 35.2x | 3.4x |
| Mon, 08 Nov 2021 | US$517.2b | US$140.9b | US$13.6b | 19.4x | 38.2x | 3.7x |
| Wed, 06 Oct 2021 | US$438.9b | US$137.8b | US$12.5b | 18.4x | 35x | 3.2x |
| Fri, 03 Sep 2021 | US$462.2b | US$138.1b | US$12.2b | 15x | 37.9x | 3.3x |
| Sun, 01 Aug 2021 | US$469.3b | US$136.8b | US$11.8b | 15.4x | 39.7x | 3.4x |
Price to Earnings Ratio
39.7x
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 25.4x which is lower than its 3-year average PE of 28.3x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 7.2% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the U.S. Consumer Discretionary industry?
| US Market | -2.91% | |
| Consumer Discretionary | -4.82% | |
| Luxury | -3.79% | |
| Textiles | -0.023% | |
| Footwear | -2.74% | |
| Apparel, Accessories and Luxury Goods | -5.49% | |
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 25.5x.
- Analysts are expecting annual earnings growth of 18.3%, which is higher than its past year's earnings growth of 6.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 99% over the next 5 years.
- This is better than its past earnings decline of 14% per year.
- In contrast, the Footwear industry is expected to see its earnings grow by 9.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BIRK Birkenstock Holding | US$55.42 | 2.3% +US$236.7m | n/a | PE96.7x | |
| WWW Wolverine World Wide | US$14.22 | 9.4% +US$97.5m | 11.3% | PS0.6x | |
| FIGS FIGS | US$6.51 | 6.2% +US$64.7m | -11.2% | PE50x | |
| LANV Lanvin Group Holdings | US$1.56 | 3.3% +US$3.7m | -64.6% | PS0.4x | |
| PMNT Perfect Moment | US$1.95 | 8.3% +US$2.3m | n/a | PS1.2x |
