Contributions from 21 net new stores added over the past year pushed revenues up 3% in the second quarter to $1,647,285,000 from $1,599,838,000, despite a -0.4% comp, with e-commerce growing 13%. Profits increased 10% to $137,897,000 from $125,434,000. ASO booked a $5.3 million net income benefit from $83.7 million in gross IEEPA tariff refunds received in Q2, after paying off a counterparty that purchased the refund asset in 2025. In addition, about $10.9 million of the refund went toward lowering prices on opening-price-point “fighter” private label products.

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