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

Ollie’s Bargain Outlet (NASDAQ:OLLI) issued its earnings results 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 business had revenue of $667.10 million for the quarter, compared to analysts’ expectations of $674.61 million. Ollie’s Bargain Outlet had a return on equity of 13.15% and a net margin of 9.22%. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the business earned $1.23 EPS. 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 Price Performance

OLLI opened at $105.22 on Friday. The firm has a market capitalization of $6.45 billion, a price-to-earnings ratio of 31.41, a price-to-earnings-growth ratio of 2.21 and a beta of 0.83. The company’s 50 day simple moving average is $105.15 and its two-hundred day simple moving average is $101.40. Ollie’s Bargain Outlet has a 1-year low of $68.05 and a 1-year high of $120.03.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on OLLI shares. Craig Hallum upped their target price on Ollie’s Bargain Outlet from $107.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Truist Financial upped their price objective on Ollie’s Bargain Outlet from $109.00 to $121.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Wells Fargo & Company boosted their target price on shares of 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. JPMorgan Chase & Co. increased their price target on shares of Ollie’s Bargain Outlet from $105.00 to $135.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Finally, Royal Bank of Canada lifted their price objective on shares of Ollie’s Bargain Outlet from $130.00 to $133.00 and gave the company an “outperform” rating in a report on Friday, March 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus 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.