Ollie’s Bargain Outlet (NASDAQ:OLLI) Issues Earnings Results, Misses Estimates By $0.01 EPS

Ollie’s Bargain Outlet (NASDAQ:OLLI) posted its quarterly earnings data on Wednesday. The company reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.01), Zacks reports. The company had revenue of $667.10 million during the quarter, compared to the consensus estimate of $674.61 million. Ollie’s Bargain Outlet had a net margin of 9.22% and a return on equity of 13.15%. Ollie’s Bargain Outlet’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.23 earnings per share. Ollie’s Bargain Outlet updated its FY 2025 guidance to 3.650-3.750 EPS and its FY26 guidance to $3.65-$3.75 EPS.

Ollie’s Bargain Outlet Stock Down 4.1 %

OLLI opened at $99.06 on Wednesday. The stock’s fifty day moving average is $105.06 and its two-hundred day moving average is $101.33. The company has a market capitalization of $6.07 billion, a P/E ratio of 29.57, a PEG ratio of 2.21 and a beta of 0.83. Ollie’s Bargain Outlet has a 52 week low of $68.05 and a 52 week high of $120.03.

Analyst Ratings Changes

OLLI has been the subject of several analyst reports. Royal Bank of Canada raised their price objective on Ollie’s Bargain Outlet from $130.00 to $133.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. Bank of America raised their price objective on Ollie’s Bargain Outlet from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Wells Fargo & Company raised their price objective on Ollie’s Bargain Outlet from $95.00 to $105.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 11th. Piper Sandler raised their price objective on Ollie’s Bargain Outlet from $107.00 to $126.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Finally, Truist Financial increased their price target on Ollie’s Bargain Outlet from $109.00 to $121.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $118.29.

About Ollie’s Bargain Outlet

Ollie’s Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company’s products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys.