Jim Cramer on Ross Stores: “I’m Happy to Put Ross at Second”

Group 1 - Ross Stores, Inc. (NASDAQ:ROST) experienced a 1% same-store sales growth in the first half of the year, with recent quarterly sales coming in slightly below expectations [1] - The company had previously pulled its full-year forecast due to the impact of Liberation Day tariffs but has since reissued its earnings guidance, with the upper end exceeding Wall Street's consensus estimate [1] - Following the reissuance of guidance, the stock saw a modest rally of 1% the next day [1] Group 2 - Ross Stores operates off-price retail chains that provide apparel, footwear, accessories, and home fashion products targeted at value-focused consumers [2]