Ollie’s Bargain Outlet (NASDAQ: OLLI) reported fourth-quarter results that largely met profit expectations while revenue came in slightly below forecasts, though the retailer issued a full-year outlook that exceeded market expectations. Shares rose around 5% intra-day Thursday.
Adjusted earnings per share totaled $1.39, compared with analyst expectations of $1.41. Revenue increased 17% year over year to $779.25 million but fell slightly short of the consensus estimate of $783.71 million.
Comparable store sales rose 3.6% in the quarter, up from 2.8% a year earlier. The company said the increase was driven by larger basket sizes and higher transaction volumes. Seasonal products, consumables, hardware, stationery, and sporting goods delivered the strongest category performance during the period.
Adjusted EBITDA for the quarter reached $127.13 million, while gross margin was reported at 39.9%.
Looking ahead, Ollie’s provided its initial outlook for fiscal 2026, which ends January 30, 2027.
The company expects adjusted earnings per share between $4.40 and $4.50 for the year, exceeding the analyst consensus estimate of $3.91. Net sales are projected to range from $2.99 billion to $3.01 billion, also above the $2.65 billion forecast by analysts.
Ollie’s also anticipates comparable store sales growth of about 2% and gross margin of approximately 40.5% for the year.
