Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) reported mixed third-quarter results on Tuesday.
The company reported third-quarter adjusted earnings per share of 75 cents, beating the analyst consensus estimate of 73 cents. Quarterly sales of $613.62 million, up 18.6% year over year, missed the Street view of $614.397 million.
"With the better-than-expected third-quarter results and a very good start to the fourth quarter, we are raising our full-year sales and earnings outlook," said Eric van der Valk, President and CEO.
Ollie's Bargain Outlet raised its fiscal 2025 adjusted earnings per share guidance from $3.76–$3.84 to $3.81-$3.87, compared with the analyst estimate of $3.85. The discount retailer raises 2025 sales guidance from $2.631 -$2.644 billion to $2.648 -$2.655 billion versus the consensus of $2.644 billion.
Ollie's Bargain shares fell 0.3% to trade at $113.79 on Wednesday.
These analysts made changes to their price targets on Ollie's Bargain following earnings announcement.
- UBS analyst Mark Carden maintained Ollie’s Bargain Outlet with a Neutral and lowered the price target from $141 to $130.
- Piper Sandler analyst Peter Keith reiterated the stock with an Overweight rating and cut the price target from $150 to $140.
Considering buying OLLI stock? Here’s what analysts think:

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