Ollie’s Bargain Outlet price target lowered to $120 from $130 at Craig-Hallum - TipRanks.com

Ollie’s Bargain Outlet (OLLI) reported Q2 earnings with adjusted net income up 40% to $85M, EPS up 43% to $1.42, and EBITDA up 36% to $127M. Net sales rose 9.1% to $741M, driven by new store openings. Comparable sales fell 1.8% due to weather, consumer pressure, and promotions. The company opened 15 new stores and raised its full-year buyback expectation to $175M.

Ollie's Bargain Outlet (OLLI) reported Q2 2026 sales of $741.31M, net income of $85.45M, and completed a $117.73M buyback. The company raised its full-year operating income guidance to $345M-$350M but lowered net sales outlook, focusing on profitability. Management expects operating income of $345M-$350M and net sales of $2.928B-$2.941B for FY2026. The narrative centers on margins and cost control, with risks including inventory sourcing and new store productivity.

Ollie’s Bargain Outlet (OLLI) reported Q2 earnings up 43% to $85.4M, with net sales rising 9.1% to $741.3M, driven by 15 new stores and loyalty program growth. Comparable sales fell 1.8%, but gross margins expanded to 43.5% due to tariff refunds. The company updated its full-year guidance, lowering net sales expectations to $2.928B-$2.941B and comparable sales growth to 0-0.5%.

Ollie's (OLLI) reported Q2 2027 net sales of $741.3M, up 9.1%, with comparable store sales down 1.8%. Gross margin increased to 43.5% due to tariff refunds. Adjusted net income rose 40.3% to $85.4M. The company opened 15 new stores and repurchased $84M in shares. Management cited economic pressures and weather as challenges, while guiding FY2026 net sales to $2.928B-$2.941B and adjusted EPS to $4.57-$4.65.

Ollie's Bargain Outlet (NASDAQ: OLLI) shares fell after Q2 earnings, despite adjusted EPS of $1.42 beating expectations. Weak comparable-store sales were offset by margin gains and store growth. The company is converting former Big Lots stores, driving a 12% store count increase. Analysts maintain a 'Moderate Buy' rating with 40% upside potential, citing margin recovery and share buybacks.

Ollie’s Bargain Outlet (OLLI) reported Q2 2027 earnings with revenue of $741.3M (up 9%), net income of $85.5M (up 39%), and EPS of $1.42 (up 42%). Gross margin reached 43.5%, boosted by a $28M tariff refund. However, same-store sales declined 1.8%, raising concerns about sustainable margin growth. The stock traded around $73 post-earnings.