Ross Stores rises as tariff mitigation calms investor fears
Ross Stores shares rose 2% after hours despite weak Q2 sales and soft profit guidance, as management reassured investors on tariff mitigation. CEO Jim Conroy said vendor negotiations, sourcing shifts, and pricing moves are helping offset costs. Retail sentiment on Stocktwits jumped to 'extremely bullish' (93/100). The off-price retailer is up 3.8% YTD, with tariffs still a near-term drag.