Ollie’s Bargain Outlet (NASDAQ:OLLI) Issues 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 Price Performance

OLLI stock opened at $99.06 on Wednesday. The company has a fifty day moving average price of $105.06 and a two-hundred day moving average price of $101.33. Ollie’s Bargain Outlet has a one year low of $68.05 and a one year high of $120.03. The stock has a market cap of $6.07 billion, a price-to-earnings ratio of 29.57, a price-to-earnings-growth ratio of 2.21 and a beta of 0.83.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its quarterly earnings data on Wednesday, March 19th. The company reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.01). Ollie’s Bargain Outlet had a return on equity of 13.15% and a net margin of 9.22%. The company had revenue of $667.10 million for the quarter, compared to the consensus estimate of $674.61 million. During the same period last year, the firm earned $1.23 earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. Research analysts anticipate that Ollie’s Bargain Outlet will post 3.29 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

OLLI has been the subject of a number of recent research reports. Royal Bank of Canada boosted their target price on shares of Ollie’s Bargain Outlet from $130.00 to $133.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. Truist Financial boosted their target price on shares of Ollie’s Bargain Outlet from $109.00 to $121.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Piper Sandler boosted their target price 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. Craig Hallum boosted their target price on shares of Ollie’s Bargain Outlet from $107.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Finally, Citigroup raised shares of Ollie’s Bargain Outlet from a “sell” rating to a “buy” rating and upped their price objective for the stock from $64.00 to $133.00 in a research report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, Ollie’s Bargain Outlet currently has an average rating of “Moderate Buy” and an average price target of $118.29.

About Ollie’s Bargain Outlet

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.