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

Ollie’s Bargain Outlet (NASDAQ:OLLI) updated its FY26 earnings guidance on Wednesday. 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.

Wall Street Analyst Weigh In

Several research firms recently weighed in on OLLI. StockNews.com cut shares of Ollie’s Bargain Outlet from a “hold” rating to a “sell” rating in a research report on Tuesday, February 4th. Citigroup upgraded shares of Ollie’s Bargain Outlet from a “sell” rating to a “buy” rating and increased their price target for the company from $64.00 to $133.00 in a research report on Wednesday, December 18th. Jefferies Financial Group cut 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. Piper Sandler increased their price target on shares of Ollie’s Bargain Outlet from $107.00 to $126.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Finally, Wells Fargo & Company increased their price target on shares of Ollie’s Bargain Outlet from $95.00 to $105.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th. One equities 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $118.29.

Ollie’s Bargain Outlet Stock Down 4.1 %

Shares of OLLI stock opened at $99.06 on Wednesday. The stock has a fifty day moving average of $105.06 and a 200 day moving average of $101.33. Ollie’s Bargain Outlet has a 52 week low of $68.05 and a 52 week high of $120.03. The firm has a market capitalization of $6.07 billion, a price-to-earnings ratio of 29.57, a PEG ratio of 2.21 and a beta of 0.83.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings results on Wednesday, March 19th. The company reported $1.19 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $667.10 million during the quarter, compared to analysts’ expectations of $674.61 million. During the same period in the previous year, the business earned $1.23 EPS. The business’s revenue was up 2.8% compared to the same quarter last year. Equities research analysts anticipate that Ollie’s Bargain Outlet will post 3.29 earnings per share for the current year.

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.