CHDRF - Christian Dior: Capital Appreciation Unlikely For Now

2024-06-21 12:04:42 ET

Summary

• While Christian Dior's long-term price returns and dividend yield are notable, this isn't exactly the best time for the stock.
• A luxury market slowdown is here, which is evident in its latest revenue growth figures. It doesn't help that its net earnings weakened in the second half of 2023 too.
• The market multiples don't make a case for the Dior stock either, even as its dividends are its saving grace for now.

Luxury fashion stock Christian Dior ( CHDRF ) ( CHDRY ) has been a good long-term buy for investors going for capital appreciation. At 293%, its price returns have far outstripped the returns on the S&P 500 ( SP500 ) (see chart below) over the past decade. Notably, it has performed even better than the S&P Global Luxury Index, which is up by 75% over this time....

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