Ollie’s Bargain Outlet (OLLI) Expected to Release Quarterly Earnings on Wednesday

Ollie’s Bargain Outlet (NASDAQ:OLLI) is expected to be releasing its Q2 2026 results before the market opens on Wednesday, September 2nd. Analysts expect the company to post earnings of $1.12 per share and revenue of $750.4070 million for the quarter. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. Parties can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, September 2, 2026 at 8:30 AM ET.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Ollie’s Bargain Outlet had a net margin of 9.13% and a return on equity of 13.43%. The business had revenue of $658.93 million for the quarter, compared to analysts’ expectations of $661.65 million. During the same period last year, the firm posted $0.75 earnings per share. The firm’s quarterly revenue was up 14.2% compared to the same quarter last year. On average, analysts expect Ollie’s Bargain Outlet to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Ollie’s Bargain Outlet Price Performance

Shares of OLLI opened at $72.42 on Monday. The firm has a 50 day simple moving average of $72.20 and a two-hundred day simple moving average of $85.31. Ollie’s Bargain Outlet has a one year low of $60.29 and a one year high of $139.21. The company has a market cap of $4.38 billion, a P/E ratio of 17.88, a P/E/G ratio of 1.28 and a beta of 0.46.

Hedge Funds Weigh In On Ollie’s Bargain Outlet

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Allworth Financial LP increased its stake in shares of Ollie’s Bargain Outlet by 301.8% in the third quarter. Allworth Financial LP now owns 221 shares of the company’s stock valued at $28,000 after buying an additional 166 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Ollie’s Bargain Outlet by 49.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock valued at $31,000 after buying an additional 92 shares during the last quarter. Quarry LP acquired a new stake in Ollie’s Bargain Outlet during the 3rd quarter worth approximately $55,000. Johnson Financial Group Inc. acquired a new stake in Ollie’s Bargain Outlet during the 3rd quarter worth approximately $62,000. Finally, Danske Bank A S bought a new stake in Ollie’s Bargain Outlet during the 3rd quarter worth approximately $64,000.

Analysts Set New Price Targets

A number of research firms have recently commented on OLLI. Loop Capital reissued a “buy” rating and set a $135.00 price target on shares of Ollie’s Bargain Outlet in a report on Thursday, June 4th. Piper Sandler reduced their price objective on Ollie’s Bargain Outlet from $114.00 to $113.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 18th. Weiss Ratings cut Ollie’s Bargain Outlet from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. Morgan Stanley lowered their target price on Ollie’s Bargain Outlet from $120.00 to $108.00 and set an “equal weight” rating for the company in a research note on Thursday, June 4th. Finally, Citigroup lowered their target price on Ollie’s Bargain Outlet from $111.00 to $100.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Thirteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.29.

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.