Ollie's Bargain Outlet Holdings, Inc. - Common Stock (OLLI)
114.48
-1.18 (-1.02%)
NASDAQ · Last Trade: Apr 15th, 5:08 PM EDT
Detailed Quote
Previous Close
115.66
Open
115.66
Bid
102.00
Ask
117.50
Day's Range
114.37 - 116.16
52 Week Range
70.17 - 120.03
Volume
780,836
Market Cap
7.17B
PE Ratio (TTM)
35.55
EPS (TTM)
3.2
Dividend & Yield
N/A (N/A)
1 Month Average Volume
1,598,325
Chart
About Ollie's Bargain Outlet Holdings, Inc. - Common Stock (OLLI)
Ollie's Bargain Outlet is a retail company that specializes in offering a wide range of discounted merchandise, including closeout, surplus, and excess inventory items across various categories such as home goods, food, health and beauty products, and seasonal items. The company operates a chain of stores, where customers can find brand-name products at reduced prices, making it a popular destination for bargain hunters. Ollie's focuses on providing a fun shopping experience while maintaining a commitment to value, enabling shoppers to discover unique deals and savings on everyday items. Read More
Retail sector momentum is building as some global brands show improving visibility, while diversified specialty retailers benefit from operational gains and product mix strength.
Off-price retailer Ollie's Bargain Outlet accelerates its growth strategy to fill the void left by Big Lots. Analysts and institutions see this stock advancing.
Shares of discount retail company Ollie’s Bargain Outlet (NASDAQ:OLLI)
jumped 11.7% in the morning session after the company reported strong fourth-quarter 2024 results: What grabbed our attention was the full year 2025 sales forecast, which came in line with analysts' expectations but actually represented an acceleration in growth at 13.4%(vs 8.5% in FY2024). Backing the growth guidance were plans to open 75 new store openings in 2025, an increase from 50 in 2024.
Discount retail company Ollie’s Bargain Outlet (NASDAQ:OLLI) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.8% year on year to $667.1 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $2.58 billion at the midpoint. Its non-GAAP profit of $1.19 per share was in line with analysts’ consensus estimates.
Retailers are overhauling their operations as technology redefines the shopping experience. Still, secular trends are working against their favor as e-commerce continues to take share from brick and mortars.
This puts retail stocks in a tough spot, and over the past six months, the industry has pulled back by 3.7%. This performance is a stark contrast from the S&P 500’s 6.4% gain.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at discount retailer stocks, starting with Burlington (NYSE:BURL).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how discount retailer stocks fared in Q3, starting with Ross Stores (NASDAQ:ROST).
The discount sector is experiencing a surprising performance split, highlighting the essential need for a solid strategy to succeed within the industry.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the discount retailer industry, including Five Below (NASDAQ:FIVE) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how TJX (NYSE:TJX) and the rest of the discount retailer stocks fared in Q3.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the discount retailer industry, including Ollie's (NASDAQ:OLLI) and its peers.
