Ollie's Bargain Outlet Posts Higher 4Q Profit, Sales

Dow Jones03-12
 

By Connor Hart

 

Ollie's Bargain Outlet logged higher profit and a jump in sales during its fiscal fourth quarter, as the company reined in costs and shoppers continued to seek good deals.

The discount retailer on Thursday posted a profit of $85.6 million, or $1.39 a share, for the quarter ended Jan. 31. That compares with a profit of $68.6 million, or $1.11 a share, in last year's comparable period.

Stripping out one-time items, adjusted earnings were $1.39 a share, in line with analyst expectations, according to FactSet.

Sales jumped 17% to $779.3 million. Wall Street had modeled sales of $783.5 million.

Comparable sales--or those from stores and digital channels open for at least a year--climbed 3.6%, ahead of the 3.3% gain that analysts had forecast.

Chief Executive Eric van der Valk said solid comparable sales growth, healthy margins and disciplined expense control helped the company deliver better-than-expected sales and earnings.

Looking ahead, Ollie's Bargain Outlet guided for sales of $2.99 billion to $3.01 billion this year, and for same-store sales growth of approximately 2%. Wall Street had modeled sales of $3 billion as well as comparable sales growth of 2.1%.

Adjusted earnings are projected to come in between $4.40 a share and $4.50 a share. Analysts are looking for adjusted earnings of $4.48 a share.

 

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

March 12, 2026 07:33 ET (11:33 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment