From Financial Modeling Prep: 2025-03-19 14:53:00

Ollie’s Bargain Outlet (NASDAQ:OLLI) shares surged over 11% after reporting mixed fourth-quarter results. Adjusted earnings per share met expectations at $1.19, while revenue fell short at $667.1 million, missing estimates. Comparable store sales rose 2.8%, with 13 new stores opened, totaling 559 locations across 31 states.

Ollie’s plans to open 75 new locations in fiscal 2025, up from 50 in 2024. Full-year net sales are forecasted between $2.564 billion and $2.586 billion, with comparable store sales growth of 1% to 2%. Adjusted earnings per share are expected to range between $3.65 and $3.75.

Gross margin improved to 40.7% due to lower supply chain costs, but selling, general, and administrative expenses increased to 25.5% of sales. Operating costs rose, impacting profitability despite the positive margin improvement.



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