What is the projected growth in retail sales for Deckers Outdoor in 2025?

Deckers Outdoor Corp. (NYSE: DECK) is facing "significant tariff headwinds" of around $150 million in its 2026 fiscal year, which is expected to have a material impact on the company's performance.

How has Canada Goose Holdings Inc. (NASDAQ: GOOS) stock performed in 2025?

Canada Goose Holdings Inc. (NASDAQ: GOOS) stock is up over 32% in 2025 and has recovered from a brief post-earnings sell-off, as the company benefits from the high-end consumer's continued demand for luxury winter apparel.

What is the average amount consumers plan to spend on gifts and seasonal items in 2025?

According to the National Retail Federation (NRF) survey, respondents plan to spend an average of $890 on gifts and other seasonal items in 2025.

Home / Business and Economy / Retailers Gear Up for Blockbuster Holiday Season as Spending Heats Up

Retailers Gear Up for Blockbuster Holiday Season as Spending Heats Up

18 Nov

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Summary

Retail sales in Nov-Dec 2025 projected to rise 3.7%-4.2% vs 2024
Consumers plan to spend avg $890 on gifts and seasonal items
Deckers Outdoor faces $150M tariff headwinds in 2026, but analysts see 40% upside

As the cold weather approaches in 2025, retailers are gearing up for a blockbuster holiday season. According to data from the National Retail Federation (NRF), retail sales in November and December 2025 are projected to be 3.7% to 4.2% higher than in 2024, and are expected to surpass $1 trillion.

Respondents to the NRF survey plan to spend an average of $890 on gifts and other seasonal items, indicating that consumer spending is set to heat up despite concerns about higher-income consumers looking to stretch their dollars further. This spending, however, is not expected to show up in the current earnings season.

One company that is facing challenges is Deckers Outdoor Corp. (NYSE: DECK), the parent company of iconic footwear brands UGG and HOKA. DECK stock is down 58.5% so far in 2025 and has failed to gain momentum, despite posting a solid earnings report in late October. The primary issue is tariffs, with the company expecting "significant tariff headwinds" of around $150 million in its 2026 fiscal year.