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

Ollie’s Bargain Outlet (NASDAQ:OLLI) is projected to announce 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 $748.7090 million for the quarter. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning results page 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 released its quarterly earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The firm had revenue of $658.93 million for the quarter, compared to analyst estimates of $661.65 million. Ollie’s Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.The business’s revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the company posted $0.75 earnings per share. 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 Stock Up 4.1%

OLLI opened at $75.42 on Tuesday. Ollie’s Bargain Outlet has a 52 week low of $60.29 and a 52 week high of $139.21. The business has a 50 day moving average price of $72.24 and a two-hundred day moving average price of $85.05. The company has a market cap of $4.56 billion, a PE ratio of 18.62, a P/E/G ratio of 1.28 and a beta of 0.46.

Hedge Funds 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 stake in shares of Ollie’s Bargain Outlet by 0.6% in the second quarter. Thrivent Financial for Lutherans now owns 14,458 shares of the company’s stock valued at $1,905,000 after purchasing an additional 91 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Ollie’s Bargain Outlet by 49.2% in the fourth 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 in the last quarter. Lazard Asset Management LLC increased its holdings in Ollie’s Bargain Outlet by 5.8% in the second 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 in the last quarter. Allworth Financial LP boosted its stake in shares of Ollie’s Bargain Outlet by 301.8% during the 3rd quarter. Allworth Financial LP now owns 221 shares of the company’s stock worth $28,000 after acquiring an additional 166 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted 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.

Wall Street Analysts Forecast Growth

OLLI has been the subject of several recent research reports. Gordon Haskett reaffirmed an “accumulate” rating and set a $90.00 price target (down from $100.00) on shares of Ollie’s Bargain Outlet in a report on Thursday, June 4th. Weiss Ratings downgraded shares of Ollie’s Bargain Outlet from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. Piper Sandler reduced their target price on shares of Ollie’s Bargain Outlet from $114.00 to $113.00 and set an “overweight” rating for the company in a research note on Tuesday, August 18th. KeyCorp lowered their target price on shares of Ollie’s Bargain Outlet from $140.00 to $98.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Finally, Loop Capital reiterated a “buy” rating and set a $135.00 price target on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.