Ollie’s Bargain Outlet (NASDAQ:OLLI) Releases FY26 Earnings Guidance

Ollie’s Bargain Outlet (NASDAQ:OLLI) updated its FY26 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $3.65-$3.75 for the period, compared to the consensus estimate of $3.78. The company issued revenue guidance of $2.564-$2.586 billion, compared to the consensus revenue estimate of $2.58 billion. Ollie’s Bargain Outlet also updated its FY 2025 guidance to 3.650-3.750 EPS.

Ollie’s Bargain Outlet Stock Down 2.5 %

NASDAQ OLLI opened at $105.22 on Friday. Ollie’s Bargain Outlet has a 52 week low of $68.05 and a 52 week high of $120.03. The stock has a market capitalization of $6.45 billion, a PE ratio of 31.41, a price-to-earnings-growth ratio of 2.21 and a beta of 0.83. The firm has a 50 day moving average of $105.15 and a two-hundred day moving average of $101.40.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last posted its quarterly earnings results on Wednesday, March 19th. The company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.01). Ollie’s Bargain Outlet had a return on equity of 13.15% and a net margin of 9.22%. The firm had revenue of $667.10 million for the quarter, compared to analyst estimates of $674.61 million. During the same quarter last year, the firm earned $1.23 EPS. The company’s revenue was up 2.8% on a year-over-year basis. On average, equities research analysts expect that Ollie’s Bargain Outlet will post 3.29 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on OLLI shares. Loop Capital upped their price target on shares of Ollie’s Bargain Outlet from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Craig Hallum upped their price target on shares of Ollie’s Bargain Outlet from $107.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. UBS Group upped their price target on shares of Ollie’s Bargain Outlet from $117.00 to $123.00 and gave the company a “neutral” rating in a research report on Thursday. Royal Bank of Canada upped their price target on shares of Ollie’s Bargain Outlet from $130.00 to $133.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. Finally, Jefferies Financial Group downgraded shares of Ollie’s Bargain Outlet from a “buy” rating to a “hold” rating and reduced their price target for the company from $125.00 to $111.00 in a research report on Tuesday, February 4th. One 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. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $121.71.

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.