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

Ollie’s Bargain Outlet (NASDAQ:OLLI) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.570-4.650 for the period, compared to the consensus earnings per share estimate of 4.520. The company issued revenue guidance of $2.9 billion-$2.9 billion, compared to the consensus revenue estimate of $3.0 billion.

Wall Street Analyst Weigh In

OLLI has been the topic of several analyst reports. KeyCorp dropped their target price on 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. Gordon Haskett restated an “accumulate” rating and issued a $90.00 price target (down from $100.00) on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Truist Financial lowered their price target on Ollie’s Bargain Outlet from $112.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Piper Sandler dropped 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. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $121.00 price objective on shares of Ollie’s Bargain Outlet in a report on Tuesday, August 25th. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $107.29.

Ollie’s Bargain Outlet Stock Up 2.1%

Shares of OLLI stock traded up $1.53 on Wednesday, reaching $73.87. The stock had a trading volume of 4,832,218 shares, compared to its average volume of 1,626,779. Ollie’s Bargain Outlet has a 12 month low of $60.29 and a 12 month high of $139.21. The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of 18.24, a P/E/G ratio of 1.33 and a beta of 0.50. The firm’s 50-day moving average is $72.24 and its two-hundred day moving average is $84.76.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last posted its quarterly earnings results on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.30. The business had revenue of $741.31 million during the quarter, compared to analysts’ expectations of $747.71 million. Ollie’s Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.Ollie’s Bargain Outlet’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the company posted $0.99 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. On average, sell-side analysts forecast that Ollie’s Bargain Outlet will post 4.44 earnings per share for the current fiscal year.

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 adjusted earnings of $1.42 per share, well above Wall Street estimates ranging from $1.12 to $1.14 and up from $0.99 a year earlier. The 43% year-over-year increase suggests stronger profitability than expected. Ollie’s Bargain Outlet Q2 Earnings Top Estimates
• Positive Sentiment: Net sales increased 9.1% from the prior-year quarter. Ollie’s also opened 15 stores and grew its Ollie’s Army loyalty membership by 12.7%, supporting the company’s long-term store expansion and customer-retention strategy. Ollie’s Second Quarter Fiscal 2026 Results
• Positive Sentiment: The earnings outperformance indicates that closeout merchandise strength, cost control, or favorable margins helped offset some pressure from cautious consumer spending and higher operating costs. Ollie’s Q2 Earnings Call Transcript
• Neutral Sentiment: The broader market was also trading mostly higher, providing a supportive backdrop, but the company-specific earnings beat appears to be the primary catalyst for OLLI’s move. Dow Surges; Ollie’s Shares Gain After Q2 Earnings
• Negative Sentiment: Revenue fell short of Wall Street expectations, and Ollie’s trimmed its fiscal 2026 sales outlook. The guidance reduction signals that management remains cautious about demand and could temper investor enthusiasm despite the earnings beat. Ollie’s Beats on Earnings, Trims Sales Forecast

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Large investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC increased its holdings in shares of Ollie’s Bargain Outlet by 28.0% in the first quarter. Integrated Wealth Concepts LLC now owns 2,815 shares of the company’s stock valued at $328,000 after purchasing an additional 615 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Ollie’s Bargain Outlet by 993.4% during the 1st quarter. Jones Financial Companies Lllp now owns 2,154 shares of the company’s stock worth $251,000 after buying an additional 1,957 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Ollie’s Bargain Outlet by 42.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 446,277 shares of the company’s stock worth $51,929,000 after buying an additional 133,537 shares during the period. Empowered Funds LLC acquired a new position in Ollie’s Bargain Outlet in the 1st quarter valued at about $359,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Ollie’s Bargain Outlet by 12.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,412 shares of the company’s stock valued at $21,342,000 after buying an additional 19,837 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.