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Retail Giants Surge: Nordstrom, Costco, Aritzia Post Strong Holiday Sales

1/11/2025

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Story summary
  • Nordstrom increased its full-year sales forecast to 1.5%-2.5% growth following robust holiday sales.
  • The retailer experienced a 4.9% rise in net sales during the holiday season.
  • Costco's holiday sales hit $27.52 billion, marking a 10% year-over-year growth, with e-commerce up 34%.
  • Brazilian retail sales declined in November, suggesting a possible slowdown in the market.
  • Aritzia achieved record holiday sales, boosting its annual revenue growth estimate to 15%.