ORLANDO—Major retailers largely reported modest comparable sales increases for the 2019 holiday shopping season on Monday, providing a bit of cheer and more visibility into retail’s most important time of year.
The positive numbers contrast with results from retailers such as Macy’s, Kohl’s and L Brands, and are despite headwinds—such as tariffs and a shortened holiday season—cited by executives at the ICR Conference 2020 in Orlando, Fla.
Lululemon provided the most optimism, stating that comparable sales for its fourth quarter ended Feb.
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