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

Ollie’s Bargain Outlet (NASDAQ:OLLI) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.450-4.550 for the period, compared to the consensus earnings per share estimate of 4.520. The company issued revenue guidance of $3.0 billion-$3.0 billion, compared to the consensus revenue estimate of $3.0 billion.

Ollie’s Bargain Outlet Stock Up 0.6%

Shares of OLLI stock opened at $79.74 on Thursday. The business has a 50-day moving average price of $86.76 and a two-hundred day moving average price of $103.35. Ollie’s Bargain Outlet has a 12-month low of $73.32 and a 12-month high of $141.74. The firm has a market cap of $4.84 billion, a P/E ratio of 20.45, a price-to-earnings-growth ratio of 1.39 and a beta of 0.46.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The company had revenue of $658.93 million for the quarter, compared to analysts’ expectations of $661.65 million. Ollie’s Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.Ollie’s Bargain Outlet’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period last year, the firm posted $0.75 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. As a group, research analysts expect that Ollie’s Bargain Outlet will post 4.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on OLLI shares. Bank of America restated a “buy” rating on shares of Ollie’s Bargain Outlet in a report on Friday, March 13th. KeyCorp set a $140.00 price objective on Ollie’s Bargain Outlet in a research report on Wednesday. Truist Financial set a $135.00 target price on shares of Ollie’s Bargain Outlet in a report on Friday, March 13th. Citigroup decreased their target price on shares of Ollie’s Bargain Outlet from $141.00 to $111.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Finally, Royal Bank Of Canada decreased their target price on shares of Ollie’s Bargain Outlet from $153.00 to $152.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $135.21.

Insider Activity

In related news, Chairman John W. Swygert sold 3,330 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $95.80, for a total value of $319,014.00. Following the sale, the chairman directly owned 48,200 shares of the company’s stock, valued at $4,617,560. This trade represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,459 shares of company stock valued at $1,149,218 over the last quarter. 0.75% of the stock is owned by company insiders.

Key Stories Impacting Ollie’s Bargain Outlet

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Ollie’s reported Q1 EPS of $0.91, beating consensus estimates of $0.87, while revenue rose 14.2% year over year to $658.93 million. Article Title
• Positive Sentiment: The company raised its fiscal 2026 EPS outlook to $4.45-$4.55, reinforcing confidence in continued profitability despite a tough retail backdrop. Article Title
• Positive Sentiment: Management highlighted strong growth trends in the earnings call, including benefits from store openings, which supports the longer-term expansion story. Article Title
• Neutral Sentiment: Revenue came in slightly below consensus, but the miss was small enough to be outweighed by the earnings beat and improved guidance. Article Title

Institutional Trading of Ollie’s Bargain Outlet

Several large investors have recently modified their holdings of the business. Wasatch Advisors LP grew its stake in shares of Ollie’s Bargain Outlet by 1.2% in the second quarter. Wasatch Advisors LP now owns 4,062,147 shares of the company’s stock worth $535,310,000 after purchasing an additional 49,603 shares during the last quarter. Invesco Ltd. grew its stake in shares of Ollie’s Bargain Outlet by 17.2% in the third quarter. Invesco Ltd. now owns 2,992,848 shares of the company’s stock worth $384,282,000 after purchasing an additional 440,243 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Ollie’s Bargain Outlet by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,199,525 shares of the company’s stock worth $131,478,000 after purchasing an additional 34,702 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Ollie’s Bargain Outlet by 15.2% in the third quarter. Ameriprise Financial Inc. now owns 1,095,419 shares of the company’s stock worth $140,654,000 after purchasing an additional 144,649 shares during the last quarter. Finally, Balyasny Asset Management L.P. purchased a new stake in Ollie’s Bargain Outlet in the third quarter worth about $136,152,000.

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.