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

Ollie’s Bargain Outlet (NASDAQ:OLLI) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.450-4.550 for the period, compared to the consensus earnings per share estimate of 4.520. The company issued revenue guidance of $3.0 billion-$3.0 billion, compared to the consensus revenue estimate of $3.0 billion.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Piper Sandler reissued an “overweight” rating and set a $128.00 target price (down from $140.00) on shares of Ollie’s Bargain Outlet in a research note on Friday, March 13th. Weiss Ratings cut shares of Ollie’s Bargain Outlet from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Ollie’s Bargain Outlet from $163.00 to $152.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. Truist Financial set a $135.00 target price on Ollie’s Bargain Outlet in a report on Friday, March 13th. Finally, Royal Bank Of Canada dropped their target price on Ollie’s Bargain Outlet from $153.00 to $152.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $137.21.

Ollie’s Bargain Outlet Stock Performance

Shares of NASDAQ OLLI traded up $0.39 during mid-day trading on Wednesday, reaching $79.64. 1,484,577 shares of the company’s stock were exchanged, compared to its average volume of 1,374,390. The firm has a market capitalization of $4.83 billion, a price-to-earnings ratio of 20.42, a PEG ratio of 1.42 and a beta of 0.46. The company’s 50-day moving average is $87.45 and its 200-day moving average is $104.03. Ollie’s Bargain Outlet has a 52-week low of $73.32 and a 52-week high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last posted its quarterly earnings data on Wednesday, June 3rd. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The firm had revenue of $658.93 million during the quarter, compared to analysts’ expectations of $661.65 million. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.18%. The firm’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the company posted $0.75 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. As a group, equities analysts predict that Ollie’s Bargain Outlet will post 4.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Ollie’s Bargain Outlet news, Chairman John W. Swygert sold 5,231 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $92.09, for a total value of $481,722.79. Following the completion of the transaction, the chairman owned 48,200 shares of the company’s stock, valued at $4,438,738. This trade represents a 9.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 12,459 shares of company stock worth $1,149,218. Company insiders own 0.87% of the company’s stock.

Hedge Funds Weigh In On Ollie’s Bargain Outlet

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Corient Private Wealth LLC lifted its position in shares of Ollie’s Bargain Outlet by 127.3% during the 4th quarter. Corient Private Wealth LLC now owns 12,326 shares of the company’s stock worth $1,351,000 after purchasing an additional 6,903 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Ollie’s Bargain Outlet by 37.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 3,076 shares of the company’s stock valued at $337,000 after buying an additional 845 shares during the last quarter. Vident Advisory LLC raised its stake in shares of Ollie’s Bargain Outlet by 93.5% during the fourth quarter. Vident Advisory LLC now owns 4,547 shares of the company’s stock worth $498,000 after purchasing an additional 2,197 shares during the last quarter. XTX Topco Ltd raised its stake in shares of Ollie’s Bargain Outlet by 116.4% during the fourth quarter. XTX Topco Ltd now owns 5,374 shares of the company’s stock worth $589,000 after purchasing an additional 2,891 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in Ollie’s Bargain Outlet by 57.1% during the fourth quarter. Wellington Management Group LLP now owns 953,008 shares of the company’s stock worth $104,459,000 after purchasing an additional 346,543 shares in 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.