Ollie's Bargain Outlet Holdings Inc. (OLLI)
NASDAQ:OLLI
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Earnings Data
Report Date
Aug 27, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.15Last Year’s EPS
0.99Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid operational and financial execution: double-digit top-line growth, margin expansion, strong earnings and cash generation, meaningful loyalty growth, ongoing store expansion and targeted capital investments (DC upgrades and expansions). Management acknowledged near-term headwinds from unseasonable weather, a rapid spike in fuel costs that caused trip consolidation, and localized regional weakness (notably the South and seasonal categories). They are taking proactive merchandising and pricing actions (investing in price, driving event cadence, improving space productivity) and raised their buyback and EPS outlook, signaling confidence. Balancing the pronounced quarterly positives against identifiable but manageable headwinds results in an overall constructive tone with momentum intact but contingent on weather normalization and consumer behavior stabilizing.Company Guidance
Net Sales and Comparable Sales Growth
Net sales increased 14% year-over-year to $659 million in Q1; comparable store sales (comps) rose 1.7% driven by basket growth and strength in food, general merchandise, hardware, seasonal decor and stationery.
Strong Profitability and Margin Expansion
Gross margin expanded 80 basis points to 41.9%; adjusted net income rose 21% to $56 million; adjusted EPS was $0.91; adjusted EBITDA increased 22% to $88 million and adjusted EBITDA margin improved 80 basis points to 13.3%.
Store Growth and New-Store Productivity
Opened 27 new stores in the quarter (over 15% increase), ending Q1 with 672 stores in 35 states; new-store productivity came in only slightly below plan.
Loyalty Program Expansion
Ollie's Army loyalty membership grew 13% year-over-year to 17.5 million members, adding nearly 500,000 net new members in the quarter; loyalty members account for over 80% of sales.
Balance Sheet Strength and Share Repurchase
Total cash and investments increased $111 million (27%) to $526 million; no meaningful long-term debt; repurchased $53 million of common stock in the quarter and raised full-year buyback target to $125 million (targeting roughly 50% of free cash flow).
Supply Chain Investments and Capacity Expansion
Completed warehouse execution system replacement in Texas DC (last DC upgraded) with productivity benefits across network; Texas DC expansion on schedule to complete early Q3; Illinois DC expansion planned later this year — combined expansions will support capacity for over 850 stores.
Merchandising / Space Productivity Win
Replaced wall-to-wall carpet with a limited living room furniture assortment in re-set space, improving sales productivity by over 100% in the same floor space; seasonal decor performed well despite an early Easter.
Controlled Operating Expenses
SG&A was well managed and flat as a percentage of sales; preopening expenses decreased 3% to $6.4 million (lower dark rent from bankruptcy-acquired sites).
Capital Allocation and Investment
Q1 capital expenditures were $25 million (new stores, store improvements, Texas DC expansion); full-year capex guidance of $103 million to $113 million includes ~ $20 million for Texas and Illinois DC expansions.
Raised Earnings Outlook and Stable Guidance
Company reiterated 75 new store openings for the year and raised full-year adjusted net income / EPS outlook (guidance table included in release) with full-year sales guidance of $2.98B–$3.00B, comp growth target ~2%, gross margin near 40.7%, and adjusted EPS guidance of $4.45–$4.55.
OLLI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OLLI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 03, 2026 | $79.25 | $79.74 | +0.62% |
Mar 12, 2026 | $103.37 | $104.87 | +1.45% |
Dec 09, 2025 | $118.80 | $114.07 | -3.98% |
Aug 28, 2025 | $130.60 | $131.39 | +0.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ollie's Bargain Outlet Holdings Inc. (OLLI) report earnings?
Ollie's Bargain Outlet Holdings Inc. (OLLI) is schdueled to report earning on Aug 27, 2026, After Close (Confirmed).
What is Ollie's Bargain Outlet Holdings Inc. (OLLI) earnings time?
Ollie's Bargain Outlet Holdings Inc. (OLLI) earnings time is at Aug 27, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is OLLI EPS forecast?
OLLI EPS forecast for the fiscal quarter 2026 (Q2) is 1.15.
