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Apparel & Retail

CFRA's Ho! Ho! Holiday Forecast

Published November 11, 2019


  • CFRA expects U.S. retail sales will grow 4.3% to $1.05 trillion this holiday season (Nov.1 – Dec. 31), reflective of easier year-over-year comparisons – not a stronger consumer. 

  • A late Thanksgiving won’t weigh materially on holiday sales, but CFRA expects the tariff ‘Grinch’ to steal some holiday cheer. 

  • Naughty or Nice? Here we forecast 2019’s holiday shopping winners – AMZN, GOOS, DECK and VFC – and losers – HBI, JWN and UAA.


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