Holiday Results Mixed

Benzinga

Early holiday results showed steady consumer spending but mixed performance across retailers, with some raising guidance while others cut forecasts amid discounting and tariff pressures.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Some retailers released early holiday results on Monday that showed a solid shopping season

00:07without broad upside surprises, according to CNBC.

00:11Lululemon said its fiscal fourth quarter results should land at the high end of prior guidance,

00:16while Birkenstock and Savers Value Village reported modest growth and reaffirmed outlooks.

00:22Abercrombie & Fitch cut the high end of its full-year guidance, sending shares sharply lower.

00:26American Eagle and Five Below reported stronger-than-expected holiday trends and raised forecasts.

00:32Results showed wide variation across apparel, footwear, and value-focused retailers.

00:38Executives cited discounting pressure, tariff impacts, and selective consumer spending.

00:43For all things money, visit Benzinga.com.

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