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U.S. Luxury Industry Analysis
UpdatedSep 02, 2024
DataAggregated Company Financials
Companies66
- 7D-1.6%
- 3M-8.7%
- 1Y-5.9%
- YTD-13.4%
Over the last 7 days, the Luxury industry has dropped 1.6%, driven by pullbacks in Birkenstock Holding and Lululemon Athletica of 20% and 4.5%, respectively. The industry has fallen 5.9% in the last year. 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 |
|---|---|---|---|---|---|---|
| Tue, 03 Sep 2024 | US$303.9b | US$163.0b | US$11.2b | 18x | 27.1x | 1.9x |
| Thu, 01 Aug 2024 | US$290.2b | US$168.7b | US$11.3b | 17.3x | 25.6x | 1.7x |
| Sat, 29 Jun 2024 | US$327.1b | US$168.0b | US$11.3b | 17.8x | 29x | 1.9x |
| Mon, 27 May 2024 | US$326.6b | US$168.2b | US$11.2b | 18.7x | 29.2x | 1.9x |
| Wed, 24 Apr 2024 | US$317.8b | US$164.4b | US$11.5b | 18.5x | 27.6x | 1.9x |
| Fri, 22 Mar 2024 | US$351.7b | US$164.3b | US$11.1b | 17.8x | 31.8x | 2.1x |
| Sun, 18 Feb 2024 | US$350.9b | US$164.6b | US$10.5b | 18.9x | 33.5x | 2.1x |
| Tue, 16 Jan 2024 | US$342.0b | US$159.4b | US$11.0b | 17.9x | 31x | 2.1x |
| Thu, 14 Dec 2023 | US$367.0b | US$159.2b | US$10.8b | 17.4x | 34.1x | 2.3x |
| Sat, 11 Nov 2023 | US$319.7b | US$158.6b | US$10.4b | 15.8x | 30.8x | 2x |
| Mon, 09 Oct 2023 | US$288.5b | US$157.0b | US$10.4b | 14.2x | 27.8x | 1.8x |
| Wed, 06 Sep 2023 | US$306.6b | US$156.7b | US$10.5b | 13.8x | 29.2x | 2x |
| Fri, 04 Aug 2023 | US$325.1b | US$156.6b | US$10.8b | 16.3x | 30x | 2.1x |
| Sun, 02 Jul 2023 | US$323.0b | US$156.2b | US$10.8b | 12.7x | 30x | 2.1x |
| Tue, 30 May 2023 | US$308.3b | US$155.3b | US$11.2b | 11.1x | 27.5x | 2x |
| Thu, 27 Apr 2023 | US$347.6b | US$160.8b | US$10.7b | 12x | 32.6x | 2.2x |
| Sat, 25 Mar 2023 | US$334.5b | US$159.8b | US$11.3b | 11.4x | 29.6x | 2.1x |
| Mon, 20 Feb 2023 | US$347.4b | US$158.2b | US$12.0b | 11.7x | 28.9x | 2.2x |
| Wed, 18 Jan 2023 | US$356.5b | US$158.2b | US$13.0b | 10.7x | 27.5x | 2.3x |
| Fri, 16 Dec 2022 | US$312.7b | US$155.8b | US$13.0b | 10x | 24x | 2x |
| Sun, 13 Nov 2022 | US$314.8b | US$155.3b | US$14.4b | 10.3x | 21.9x | 2x |
| Tue, 11 Oct 2022 | US$261.8b | US$154.3b | US$15.5b | 8.8x | 16.9x | 1.7x |
| Thu, 08 Sep 2022 | US$306.7b | US$153.7b | US$15.9b | 9.9x | 19.3x | 2x |
| Sat, 06 Aug 2022 | US$330.6b | US$153.4b | US$15.8b | 10x | 20.9x | 2.2x |
| Mon, 04 Jul 2022 | US$291.1b | US$152.3b | US$16.1b | 9.3x | 18x | 1.9x |
| Wed, 01 Jun 2022 | US$337.0b | US$151.5b | US$15.8b | 11.8x | 21.3x | 2.2x |
| Fri, 29 Apr 2022 | US$352.7b | US$147.4b | US$15.1b | 11.8x | 23.3x | 2.4x |
| Sun, 27 Mar 2022 | US$380.6b | US$145.8b | US$14.6b | 12.6x | 26.1x | 2.6x |
| Tue, 22 Feb 2022 | US$402.1b | US$144.3b | US$14.6b | 14.5x | 27.5x | 2.8x |
| Thu, 20 Jan 2022 | US$420.5b | US$143.9b | US$14.1b | 16.6x | 29.8x | 2.9x |
| Sat, 18 Dec 2021 | US$461.3b | US$142.5b | US$13.9b | 16.6x | 33.2x | 3.2x |
| Mon, 15 Nov 2021 | US$502.0b | US$141.4b | US$13.5b | 22.8x | 37.1x | 3.5x |
| Wed, 13 Oct 2021 | US$441.6b | US$138.2b | US$12.7b | 18.2x | 34.8x | 3.2x |
| Fri, 10 Sep 2021 | US$463.2b | US$138.4b | US$12.1b | 15.7x | 38.4x | 3.3x |
Price to Earnings Ratio
38.4x
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 27.9x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have declined 2.4% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.6% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Consumer Discretionary industry?
| US Market | 0.46% | |
| Consumer Discretionary | 0.57% | |
| Luxury | -1.59% | |
| Footwear | -1.48% | |
| Apparel, Accessories and Luxury Goods | -1.78% | |
| Textiles | -6.40% | |
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 expect its future annual earnings growth (23.0%) to be largely in line with prior year's earnings growth.
Forecasted Growth
- Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 124% over the next 5 years.
- This is better than its past earnings decline of 8.7% per year.
- In contrast, the Footwear industry is expected to see its earnings grow by 8.3% 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 | |
|---|---|---|---|---|---|
| DECK Deckers Outdoor | US$959.29 | 1.5% +US$362.4m | 80.1% | PE30x | |
| CROX Crocs | US$146.17 | 4.4% +US$362.0m | 46.4% | PE10.7x | |
| ONON On Holding | US$46.98 | 2.4% +US$345.7m | 60.7% | PE83x | |
| VFC V.F | US$18.21 | 2.9% +US$198.5m | -11.0% | PS0.7x | |
| LEVI Levi Strauss | US$19.27 | 1.5% +US$111.3m | 38.3% | PE53.3x |
