Ollie's Bargain Q3 Earnings Beat Estimates, Comps Decline 0.5% Y/Y [Yahoo! Finance]
Ollie's Bargain Outlet Holdings, Inc. (OLLI)
Last ollie's bargain outlet holdings, inc. earnings: 3/19 04:05 pm
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Source: Yahoo! Finance
While the top line fell short of the Zacks Consensus Estimate, the bottom line beat the same. Both metrics improved year over year. The Harrisburg, PA-based company witnessed a decline in comparable store sales, breaking a streak of nine consecutive quarters of growth. As a result, management revised its fiscal 2024 guidance, lowering the sales forecast and narrowing the projected range for comparable store sales growth. However, the company maintained its full-year earnings view. This extreme-value retailer of brand-name merchandise posted adjusted earnings of 58 cents a share, which came a penny ahead of the Zacks Consensus Estimate and increased from 51 cents reported in the year-ago quarter. Net sales of $517.4 million jumped 7.8% year over year due to new store unit growth, partly offset by a decline in comparable store sales. The top line missed the consensus mark of $518.6 million. Comparable store sales for this Zacks Rank #4 (Sell) company decreased 0.5% in the quarte
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OLLI
News
- Discount retailer coming to Newington in 2025 as company eyes more CT locations [Yahoo! Finance]Yahoo! Finance
- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Implied Volatility Surging for Ollie's Bargain (OLLI) Stock Options [Yahoo! Finance]Yahoo! Finance
- Stocks making the biggest moves midday: Nvidia, Ollie's Bargain Outlet, Birkenstock, Disney and more [CNBC]CNBC
- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) was upgraded by analysts at Citigroup Inc. from a "sell" rating to a "buy" rating. They now have a $133.00 price target on the stock, up previously from $64.00.MarketBeat
OLLI
Earnings
- 12/10/24 - Beat
OLLI
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/16/24 - Form 144
- OLLI's page on the SEC website