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.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. StockNews.com downgraded shares of Ollie’s Bargain Outlet from a “hold” rating to a “sell” rating in a research note on Tuesday, February 4th. Craig Hallum raised 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. Truist Financial raised their price target on shares of Ollie’s Bargain Outlet from $109.00 to $121.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. 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. Finally, Piper Sandler raised their target price on shares of Ollie’s Bargain Outlet from $107.00 to $126.00 and gave the stock an “overweight” 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 issued a buy rating to the company. According to data from MarketBeat.com, Ollie’s Bargain Outlet presently has a consensus rating of “Moderate Buy” and an average target price of $118.29.

Ollie’s Bargain Outlet Stock Performance

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

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

Ollie’s Bargain Outlet Company Profile

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.