From CNBC:

Abercrombie & Fitch, Lululemon, and American Eagle Outfitters raised their fiscal fourth-quarter outlooks after strong holiday sales in November and December, reflecting a large number of holiday shoppers. Yet, investors reacted differently, with Abercrombie and American Eagle seeing a 6% rise in shares while Lululemon barely moved. Urban Outfitters also experienced a rise in shares after announcing strong holiday-quarter sales ahead of its earnings report.

Companies provided the latest quarterly forecasts prior to the ICR Conference in Orlando. Holiday sales, according to preliminary data, saw a 3.1% growth year over year in the U.S. Online sales rose at a 4.9% increase, totaling $222.1 billion in November and December, an all-time high according to Adobe Analytics.

American Eagle appears to be a winner, with quarter-to-date revenue up 8% as of December 30, and expecting both revenue and operating profit for the fiscal fourth quarter to exceed expectations. Abercrombie expects a mid-teens increase in net sales for the fiscal fourth quarter, and increased its fiscal full-year results. Lululemon gave more conservative tweaks to its fourth-quarter forecast, modestly increasing its net revenue and earnings per share expectations.

Retail earnings season will officially start in mid-February, as companies such as Walmart, Target, and Home Depot release their holiday results. The full holiday results from Abercrombie, American Eagle, and Lululemon are expected to be announced in March.



Read more: Abercrombie and Lululemon report early holiday results