Ollie’s Bargain Outlet (NASDAQ:OLLI) Releases FY 2026 Earnings Guidance

Ollie’s Bargain Outlet (NASDAQ:OLLI) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 4.400-4.500 for the period, compared to the consensus earnings per share estimate of 4.140. The company issued revenue guidance of $3.0 billion-$3.0 billion, compared to the consensus revenue estimate of $2.8 billion.

Ollie’s Bargain Outlet Trading Down 3.1%

OLLI opened at $103.37 on Thursday. The firm has a market capitalization of $6.34 billion, a PE ratio of 28.56, a P/E/G ratio of 1.63 and a beta of 0.53. Ollie’s Bargain Outlet has a 12-month low of $98.19 and a 12-month high of $141.74. The firm has a 50 day moving average of $111.20 and a two-hundred day moving average of $119.40.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Tuesday, December 9th. The company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.04. Ollie’s Bargain Outlet had a net margin of 8.81% and a return on equity of 12.86%. The business had revenue of $613.62 million during the quarter, compared to analysts’ expectations of $613.63 million. During the same quarter in the previous year, the company earned $0.58 earnings per share. The company’s quarterly revenue was up 18.6% on a year-over-year basis. As a group, analysts predict that Ollie’s Bargain Outlet will post 3.29 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on OLLI. Citigroup reduced their price objective on Ollie’s Bargain Outlet from $150.00 to $141.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Craig Hallum reissued a “buy” rating and set a $157.00 price target on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. UBS Group cut their target price on shares of Ollie’s Bargain Outlet from $141.00 to $130.00 and set a “neutral” rating for the company in a research note on Wednesday, December 10th. KeyCorp reaffirmed an “overweight” rating on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $162.00 target price on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Twelve analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $142.14.

Insider Buying and Selling at Ollie’s Bargain Outlet

In related news, Chairman John W. Swygert sold 1,126 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $112.06, for a total transaction of $126,179.56. Following the completion of the sale, the chairman owned 48,200 shares in the company, valued at $5,401,292. This represents a 2.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.75% of the company’s stock.

Institutional Trading of Ollie’s Bargain Outlet

Several institutional investors and hedge funds have recently bought and sold shares of the business. Corient Private Wealth LLC grew its position in Ollie’s Bargain Outlet by 127.3% in the fourth quarter. Corient Private Wealth LLC now owns 12,326 shares of the company’s stock valued at $1,351,000 after acquiring an additional 6,903 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of Ollie’s Bargain Outlet by 37.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 3,076 shares of the company’s stock worth $337,000 after purchasing an additional 845 shares during the last quarter. Vident Advisory LLC raised its holdings in Ollie’s Bargain Outlet by 93.5% during the 4th quarter. Vident Advisory LLC now owns 4,547 shares of the company’s stock valued at $498,000 after acquiring an additional 2,197 shares during the period. XTX Topco Ltd raised its position in shares of Ollie’s Bargain Outlet by 116.4% in the fourth quarter. XTX Topco Ltd now owns 5,374 shares of the company’s stock worth $589,000 after buying an additional 2,891 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Ollie’s Bargain Outlet by 57.1% during the 4th quarter. Wellington Management Group LLP now owns 953,008 shares of the company’s stock valued at $104,459,000 after purchasing an additional 346,543 shares during the last quarter.

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.