Ollie’s Bargain Outlet (NASDAQ:OLLI) Releases FY 2025 Earnings Guidance

Ollie’s Bargain Outlet (NASDAQ:OLLI) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.650-3.750 for the period, compared to the consensus estimate of 3.780. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. Ollie’s Bargain Outlet also updated its FY26 guidance to $3.65-$3.75 EPS.

Ollie’s Bargain Outlet Trading Down 4.1 %

Ollie’s Bargain Outlet stock opened at $99.06 on Wednesday. Ollie’s Bargain Outlet has a 1 year low of $68.05 and a 1 year high of $120.03. The company has a market cap of $6.07 billion, a PE ratio of 29.57, a PEG ratio of 2.21 and a beta of 0.83. The company’s 50-day moving average is $105.06 and its two-hundred day moving average is $101.33.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Wednesday, March 19th. The company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.01). Ollie’s Bargain Outlet had a net margin of 9.22% and a return on equity of 13.15%. The business had revenue of $667.10 million for the quarter, compared to analyst estimates of $674.61 million. During the same quarter in the previous year, the company posted $1.23 earnings per share. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. Research analysts forecast that Ollie’s Bargain Outlet will post 3.29 EPS for the current year.

Analysts Set New Price Targets

OLLI has been the topic of a number of analyst reports. JPMorgan Chase & Co. increased their price target on shares of Ollie’s Bargain Outlet from $105.00 to $135.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Bank of America increased their price target on shares of Ollie’s Bargain Outlet from $115.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Piper Sandler increased their price target on shares of Ollie’s Bargain Outlet from $107.00 to $126.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. StockNews.com downgraded shares of Ollie’s Bargain Outlet from a “hold” rating to a “sell” rating in a research report on Tuesday, February 4th. Finally, Craig Hallum increased their target price on Ollie’s Bargain Outlet from $107.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $118.29.

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company’s products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys.