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

Ollie’s Bargain Outlet (NASDAQ:OLLI) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.450-4.550 for the period, compared to the consensus EPS 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 Performance

Ollie’s Bargain Outlet stock traded up $0.59 on Wednesday, reaching $79.84. The company’s stock had a trading volume of 1,399,568 shares, compared to its average volume of 1,373,746. Ollie’s Bargain Outlet has a twelve month low of $73.32 and a twelve month high of $141.74. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 20.47, a PEG ratio of 1.42 and a beta of 0.46. The business’s fifty day moving average price is $87.45 and its 200 day moving average price is $104.03.

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

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on OLLI. UBS Group set a $125.00 price target on Ollie’s Bargain Outlet in a research note on Monday, March 16th. Wells Fargo & Company reduced their target price on shares of Ollie’s Bargain Outlet from $130.00 to $115.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 13th. Truist Financial set a $135.00 price objective on shares of Ollie’s Bargain Outlet in a research note on Friday, March 13th. Bank of America reissued a “buy” rating on shares of Ollie’s Bargain Outlet in a research note on Friday, March 13th. Finally, Citigroup decreased their price objective on Ollie’s Bargain Outlet from $141.00 to $111.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Thirteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ollie’s Bargain Outlet has an average rating of “Moderate Buy” and an average target price of $137.21.

Insider Transactions at Ollie’s Bargain Outlet

In other Ollie’s Bargain Outlet news, Chairman John W. Swygert sold 5,231 shares of the stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $92.09, for a total value of $481,722.79. Following the completion of the sale, the chairman directly owned 48,200 shares in the company, valued at $4,438,738. This represents a 9.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 ninety days. 0.87% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Large investors have recently made changes to their positions in the stock. Thrivent Financial for Lutherans lifted its position in Ollie’s Bargain Outlet by 0.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 14,458 shares of the company’s stock valued at $1,905,000 after acquiring an additional 91 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position 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. Lazard Asset Management LLC raised its position in Ollie’s Bargain Outlet by 5.8% in the 2nd quarter. Lazard Asset Management LLC now owns 2,508 shares of the company’s stock valued at $330,000 after buying an additional 138 shares during the last quarter. Allworth Financial LP lifted its stake in Ollie’s Bargain Outlet by 301.8% in the 3rd quarter. Allworth Financial LP now owns 221 shares of the company’s stock valued at $28,000 after acquiring an additional 166 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its stake in shares of Ollie’s Bargain Outlet by 0.4% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 45,691 shares of the company’s stock worth $6,010,000 after acquiring an additional 169 shares in 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.