High-End Purchases Surge on Black Friday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 29 2025
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Source: SeekingAlpha
Black Friday Sales Performance: U.S. Black Friday sales exceeded expectations with a 6% year-over-year increase, particularly driven by a 21% growth in luxury apparel and accessories.
Impact on Consumer Stocks: Companies like Tapestry, Capri Holdings, and Ralph Lauren may benefit from the ongoing trend of strong luxury spending, which is influenced by higher prices.
Luxury Market Resilience: Despite economic uncertainty, U.S. luxury sales in 2025 are projected to grow by around 6% year-over-year, although traditional goods face challenges due to price sensitivity.
Luxury Retail Trends: Luxury retail visitation has declined by about 4% year-over-year, indicating a pullback from aspirational buyers amid high prices and inflation.
Analyst Views on KLXY
Wall Street analysts forecast KLXY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KLXY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 26.268
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Current: 26.268
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
