"Top Retailers Boost Holiday Sales Projections"

Abercrombie, Lululemon, and American Eagle raised their holiday sales forecasts, citing strong customer demand in November and December. While Abercrombie and American Eagle's shares surged, Lululemon's dipped slightly due to concerns about increased competition. Other retailers are expected to share holiday updates at the ICR Conference, with positive signs for holiday spending so far. American Eagle appears to be a winner, with quarter-to-date revenue up by about 8%, while Abercrombie and Lululemon also adjusted their forecasts for the fiscal fourth quarter. Retail earnings season begins in mid-February, with full holiday results from these companies expected in March.