Ollie's Bargain Outlet (OLLI) Projected to Post Quarterly Earnings on Tuesday

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) is anticipated to post its Q1 2026 quarterly earnings results before the market opens on Tuesday, June 3rd. Analysts expect Ollie's Bargain Outlet to post earnings of $0.70 per share and revenue of $565.04 million for the quarter. Ollie's Bargain Outlet has set its FY 2025 guidance at 3.650-3.750 EPS and its FY26 guidance at $3.65-$3.75 EPS.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last posted 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 net margin of 9.22% and a return on equity of 13.15%. The company had revenue of $667.10 million for the quarter, compared to analyst estimates of $674.61 million. During the same period in the prior year, the company earned $1.23 EPS. The company's revenue was up 2.8% compared to the same quarter last year. On average, analysts expect Ollie's Bargain Outlet to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Ollie's Bargain Outlet Trading Down 1.1%

Shares of NASDAQ OLLI traded down $1.28 on Thursday, reaching $111.75. 1,155,052 shares of the company traded hands, compared to its average volume of 1,171,318. Ollie's Bargain Outlet has a fifty-two week low of $78.58 and a fifty-two week high of $122.15. The company has a 50 day moving average of $111.39 and a 200 day moving average of $107.16. The stock has a market capitalization of $6.86 billion, a PE ratio of 33.36, a P/E/G ratio of 2.21 and a beta of 0.45.

Insider Activity

In other news, CFO Robert F. Helm sold 2,139 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $115.74, for a total transaction of $247,567.86. Following the completion of the transaction, the chief financial officer now directly owns 2,961 shares in the company, valued at approximately $342,706.14. This represents a 41.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert Fisch sold 6,250 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $108.08, for a total value of $675,500.00. Following the transaction, the director now owns 22,159 shares of the company's stock, valued at approximately $2,394,944.72. This trade represents a 22.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 37,897 shares of company stock worth $4,227,970. 0.87% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ollie's Bargain Outlet

Several large investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its position in Ollie's Bargain Outlet by 993.4% in the first 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. Integrated Wealth Concepts LLC increased its position in 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 worth $328,000 after buying an additional 615 shares during the period. Empowered Funds LLC acquired a new stake in Ollie's Bargain Outlet in the first quarter worth $359,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Ollie's Bargain Outlet by 12.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,412 shares of the company's stock worth $21,342,000 after buying an additional 19,837 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Ollie's Bargain Outlet by 42.7% in the first 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.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Morgan Stanley upped their price objective on shares of Ollie's Bargain Outlet from $108.00 to $118.00 and gave the company an "equal weight" rating in a research note on Thursday, March 20th. Jefferies Financial Group downgraded shares of Ollie's Bargain Outlet from a "buy" rating to a "hold" rating and dropped their price objective for the company from $125.00 to $111.00 in a research note on Tuesday, February 4th. KeyCorp increased their target price on shares of Ollie's Bargain Outlet from $125.00 to $135.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 20th. Wall Street Zen raised shares of Ollie's Bargain Outlet from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. Finally, UBS Group increased their target price on shares of Ollie's Bargain Outlet from $117.00 to $123.00 and gave the stock a "neutral" rating in a research report on Thursday, March 20th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $124.07.

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.