Ollie's Bargain Outlet (OLLI) Projected to Announce Earnings on Thursday

Key Points

• Ollie’s Bargain Outlet is expected to report Q2 fiscal 2026 results before the market opens on August 27. Analysts forecast earnings of $1.13 per share on approximately $753.7 million in revenue, while full-year EPS guidance stands at $4.45–$4.55.
• In its previous quarter, the company earned $0.91 per share, exceeding estimates of $0.87, while revenue rose 14.2% year over year to $658.9 million but fell slightly below consensus.
• The stock recently traded at $79.39, well below its 52-week high of $140.17. Despite several analysts lowering price targets, Wall Street maintains a “Moderate Buy” consensus with an average target of $110.20.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) is projected to announce its Q2 2026 results before the market opens on Thursday, August 27th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $753.7490 million for the quarter. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. Investors may review the information on the company's upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, September 2, 2026 at 8:30 AM ET.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last announced its earnings results on Wednesday, June 3rd. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. Ollie's Bargain Outlet had a net margin of 9.13% and a return on equity of 13.43%. The company had revenue of $658.93 million during the quarter, compared to the consensus estimate of $661.65 million. During the same quarter in the prior year, the company posted $0.75 earnings per share. The firm's revenue for the quarter was up 14.2% on a year-over-year basis. On average, analysts expect Ollie's Bargain Outlet to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Ollie's Bargain Outlet Stock Performance

Ollie's Bargain Outlet stock opened at $79.39 on Thursday. Ollie's Bargain Outlet has a fifty-two week low of $60.29 and a fifty-two week high of $140.17. The firm's 50-day simple moving average is $73.11 and its 200 day simple moving average is $87.07. The stock has a market cap of $4.80 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 1.35 and a beta of 0.46.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Allworth Financial LP increased its stake in shares of Ollie's Bargain Outlet by 301.8% during the 3rd quarter. Allworth Financial LP now owns 221 shares of the company's stock worth $28,000 after purchasing an additional 166 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Ollie's Bargain Outlet by 49.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company's stock valued at $31,000 after purchasing an additional 92 shares during the last quarter. Quarry LP purchased a new position in Ollie's Bargain Outlet in the third quarter valued at approximately $55,000. Johnson Financial Group Inc. bought a new position in Ollie's Bargain Outlet during the third quarter valued at $62,000. Finally, Danske Bank A S bought a new position in Ollie's Bargain Outlet during the third quarter valued at $64,000.

Analyst Upgrades and Downgrades

Several research firms have commented on OLLI. KeyCorp dropped their target price on shares of Ollie's Bargain Outlet from $140.00 to $98.00 and set an "overweight" rating on the stock in a research report on Thursday, July 16th. Wells Fargo & Company decreased their price target on Ollie's Bargain Outlet from $115.00 to $100.00 and set an "overweight" rating for the company in a research report on Monday. Weiss Ratings downgraded Ollie's Bargain Outlet from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday, July 16th. Gordon Haskett reiterated an "accumulate" rating and set a $90.00 price target (down from $100.00) on shares of Ollie's Bargain Outlet in a report on Thursday, June 4th. Finally, Royal Bank Of Canada cut their price objective on Ollie's Bargain Outlet from $152.00 to $121.00 and set an "outperform" rating on the stock in a research report on Thursday, July 30th. Thirteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $110.20.

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.

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