Telsey: Lululemon and Ulta are winning.

CNBC

Dana Telsey, Chief Research Officer and CEO at Telsey Advisory Group, discusses the stronger-than-expected holiday season, with Visa and Mastercard reporting year-over-year increases. Despite this, retail stocks like XRT are down. Telsey highlights companies that have transformed, such as Gap and Victoria’s Secret, and emphasizes the importance of service, supply chain, and value in 2025.

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