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

Ollie’s Bargain Outlet (NASDAQ:OLLI) issued an update on its FY26 earnings guidance on Wednesday morning. The company provided EPS guidance of $3.65-$3.75 for the period, compared to the consensus EPS 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 Performance

OLLI stock opened at $107.94 on Thursday. The firm has a market cap of $6.61 billion, a price-to-earnings ratio of 32.22, a PEG ratio of 2.21 and a beta of 0.83. The firm has a 50-day simple moving average of $105.13 and a two-hundred day simple moving average of $101.38. Ollie’s Bargain Outlet has a one year low of $68.05 and a one year high of $120.03.

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

Wall Street Analysts Forecast Growth

OLLI has been the subject of a number of recent research reports. Jefferies Financial Group cut shares of Ollie’s Bargain Outlet from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $125.00 to $111.00 in a research note on Tuesday, February 4th. 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 report on Wednesday, December 11th. Wells Fargo & Company lifted their price target on Ollie’s Bargain Outlet from $95.00 to $105.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. Royal Bank of Canada boosted 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. Finally, Craig Hallum boosted their price objective on shares of Ollie’s Bargain Outlet from $107.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Ollie’s Bargain Outlet has an average rating of “Moderate Buy” and a consensus price target 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.