Ollie's Bargain Outlet
OLLI

$87.31

0.49%

Market Cap: $5.36B

About: Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market plan is characterized by a fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and consistent store performance for the company.

Employees: 11,500

Consumer Staples Variety Stores

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 9 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 6 (+4) [Q2]

105% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 40

25% more capital invested

Capital invested by funds: $4.96B [Q1] → $6.23B (+$1.26B) [Q2]

14% more call options, than puts

Call options by funds: $104M | Put options by funds: $91.4M

11% more funds holding

Funds holding: 368 [Q1] → 410 (+42) [Q2]

2.3% more ownership

Funds ownership: 101.34% [Q1] → 103.64% (+2.3%) [Q2]

12% less repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 148

See Fund Rankings

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$99

13%

upside

Avg. target

$105

20%

upside

High target

$110

26%

upside

9 analyst ratings

8 positive

89%

1 neutral

11%

0 negative

0%

JP Morgan Matthew Boss 35% 1-year accuracy 19 / 54 met price target	20%upside $105	Overweight Maintained	30 Aug 2024
RBC Capital Steven Shemesh 61% 1-year accuracy 27 / 44 met price target	15%upside $100	Outperform Maintained	30 Aug 2024
UBS Mark Carden 78% 1-year accuracy 7 / 9 met price target	13%upside $99	Neutral Maintained	30 Aug 2024
Piper Sandler Peter Keith 57% 1-year accuracy 26 / 46 met price target	23%upside $107	Overweight Reiterated	30 Aug 2024
Gordon Haskett Eric Cohen 0% 1-year accuracy 0 / 1 met price target	23%upside $107	Buy Upgraded	26 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 17 articles about OLLI published over the past 30 days

Zacks Investment Research

3 Reasons Why Ollie's Bargain Outlet (OLLI) Is a Great Growth Stock

Ollie's Bargain Outlet (OLLI) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Ollie's Bargain Outlet (OLLI) Is a Great Growth Stock

Zacks Investment Research

Ollie's Bargain Q2 Earnings Meet Estimates, Comps Rise Y/Y, View Up

Ollie's Bargain's second-quarter fiscal 2024 earnings results reflect comparable store sales growth of 5.8%.

Ollie's Bargain Q2 Earnings Meet Estimates, Comps Rise Y/Y, View Up

Ollie's Bargain Outlet Stock: Stay Bullish On This Industry Outperformer

Q2 earnings from Ollie's Bargain Outlet were highlighted by strong comparable store sales. Management hiked full-year guidance, marking a sharp contrast to discount industry peers that have reported more concerning trends. We share our reasons why we're bullish on the stock.

Ollie's Bargain Outlet Stock: Stay Bullish On This Industry Outperformer

Ollie's Stock Goes On Sale: It's Time To Back Up The Truck

Investors looking to buy into a high-quality growth name should cheer the dip in Ollie's Bargain Outlet NASDAQ: OLLI share prices caused by the Q2 earnings release. The news is mixed with weakness on the bottom line, but that is the worst that can be said.

Ollie's Stock Goes On Sale: It's Time To Back Up The Truck

Ollie's Bargain Outlet Holdings, Inc. (OLLI) Q2 2024 Earnings Call Transcript

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI ) Q2 2024 Earnings Conference Call August 29, 2024 8:30 AM ET Company Participants John Rouleau - IR John Swygert - CEO Eric van der Valk - President Robert Helm - EVP & CFO Conference Call Participants Matthew Boss - JPMorgan Edward Kelly - Wells Fargo Peter Keith - Piper Sandler Kate McShane - Goldman Sachs Joshua Young - Truist Securities Bradley Thomas - KeyBanc Capital Markets Eric Cohen - Gordon Haskett Jeremy Hamblin - Craig-Hallum Melanie Nunez - Bank of America Simeon Gutman - Morgan Stanley Brandon Cheatham - Citigroup Operator Good morning, and welcome to Ollie's Bargain Outlet Conference Call to discuss Financial Results for the Second Quarter of Fiscal Year 2024. Currently, all participants are in a listen-only mode.

Ollie's Bargain Outlet Holdings, Inc. (OLLI) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Ollie's Bargain Outlet (OLLI) Reports Q2 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Ollie's Bargain Outlet (OLLI) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ollie's Bargain Outlet (OLLI) Reports Q2 Earnings: What Key Metrics Have to Say

Zacks Investment Research

Ollie's Bargain Outlet (OLLI) Matches Q2 Earnings Estimates

Ollie's Bargain Outlet (OLLI) came out with quarterly earnings of $0.78 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.67 per share a year ago.

Ollie's Bargain Outlet (OLLI) Matches Q2 Earnings Estimates

Ollie's Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2024 Financial Results

~ Comparable Store Sales increased 5.8% ~ ~ Earnings per Share increased 16.2% to $0.79 ~ ~ Adjusted Earnings per Share increased 16.4% to $0.78 ~ ~ Raising Fiscal Year Sales and Earnings Outlook ~ HARRISBURG, Pa., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the second quarter ended August 3, 2024.

Ollie's Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2024 Financial Results

Zacks Investment Research

Key Insights Ahead of Ollie's Bargain (OLLI) Q2 Earnings

Ollie's Bargain's (OLLI) second-quarter results are likely to reflect a focus on value-driven merchandise assortment, an expansion of the customer reward program and cost-containment efforts.

Key Insights Ahead of Ollie's Bargain (OLLI) Q2 Earnings

Zacks Investment Research

Countdown to Ollie's Bargain Outlet (OLLI) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

Besides Wall Street's top -and-bottom-line estimates for Ollie's Bargain Outlet (OLLI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.

Countdown to Ollie's Bargain Outlet (OLLI) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

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