Zacks Research Issues Negative Outlook for OLLI Earnings

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) – Stock analysts at Zacks Research decreased their Q2 2027 earnings per share (EPS) estimates for shares of Ollie’s Bargain Outlet in a research note issued on Wednesday, March 25th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.16 for the quarter, down from their prior forecast of $1.18. The consensus estimate for Ollie’s Bargain Outlet’s current full-year earnings is $3.29 per share. Zacks Research also issued estimates for Ollie’s Bargain Outlet’s Q4 2027 earnings at $1.58 EPS, Q1 2028 earnings at $0.99 EPS, Q2 2028 earnings at $1.33 EPS, Q3 2028 earnings at $1.01 EPS, Q4 2028 earnings at $1.77 EPS, FY2028 earnings at $5.10 EPS and FY2029 earnings at $5.81 EPS.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.18%. The business had revenue of $779.26 million during the quarter, compared to analyst estimates of $783.72 million. During the same quarter in the previous year, the business posted $1.19 EPS. Ollie’s Bargain Outlet’s quarterly revenue was up 16.8% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS.

A number of other equities research analysts have also weighed in on OLLI. Wells Fargo & Company upgraded shares of Ollie’s Bargain Outlet from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $120.00 to $130.00 in a report on Friday, March 13th. Bank of America reiterated a “buy” rating on shares of Ollie’s Bargain Outlet in a research note on Friday, March 13th. Morgan Stanley decreased their price objective on Ollie’s Bargain Outlet from $130.00 to $120.00 and set an “equal weight” rating for the company in a report on Friday, March 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $162.00 price objective on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Finally, Royal Bank Of Canada raised their target price on Ollie’s Bargain Outlet from $147.00 to $155.00 and gave the company an “outperform” rating in a report on Friday, March 13th. Thirteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $141.50.

Ollie’s Bargain Outlet Price Performance

Shares of NASDAQ OLLI opened at $89.24 on Thursday. The stock has a market capitalization of $5.44 billion, a P/E ratio of 22.88, a P/E/G ratio of 1.59 and a beta of 0.53. The company has a 50-day moving average price of $107.20 and a 200-day moving average price of $116.86. Ollie’s Bargain Outlet has a 1 year low of $88.44 and a 1 year high of $141.74.

Insider Buying and Selling at Ollie’s Bargain Outlet

In related news, Chairman John W. Swygert sold 1,126 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $112.06, for a total transaction of $126,179.56. Following the transaction, the chairman directly owned 48,200 shares of the company’s stock, valued at $5,401,292. This trade represents a 2.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.75% of the stock is owned by insiders.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

A number of institutional investors have recently added to or reduced their stakes in the company. Bessemer Group Inc. lifted its position in shares of Ollie’s Bargain Outlet by 25.0% during the 3rd quarter. Bessemer Group Inc. now owns 430 shares of the company’s stock worth $55,000 after buying an additional 86 shares in the last quarter. MAI Capital Management increased its position in shares of Ollie’s Bargain Outlet by 28.5% during the second quarter. MAI Capital Management now owns 397 shares of the company’s stock valued at $52,000 after acquiring an additional 88 shares during the last quarter. Campbell Newman Asset Management Inc. increased its position in shares of Ollie’s Bargain Outlet by 0.4% during the third quarter. Campbell Newman Asset Management Inc. now owns 20,850 shares of the company’s stock valued at $2,677,000 after acquiring an additional 90 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in Ollie’s Bargain Outlet by 0.6% during the second quarter. Thrivent Financial for Lutherans now owns 14,458 shares of the company’s stock worth $1,905,000 after acquiring an additional 91 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Ollie’s Bargain Outlet by 49.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock worth $31,000 after acquiring an additional 92 shares during the period.

Ollie’s Bargain Outlet News Summary

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Zacks Research issued multiple upward revisions to Ollie’s forward earnings and quarterly estimates (FY2028 raised to $5.10 from $5.00; FY2029 at $5.81) and nudged several quarterly EPS forecasts higher — a signal that at least one sell‑side shop sees stronger-than-expected future profitability, which can support a higher valuation.
• Positive Sentiment: Commentary piece argues Ollie’s is positioned to benefit from a favorable legislative “tailwind” (consumer/retail policy or demographic shifts highlighted by the author), suggesting thematic support for discount retailers that could boost demand and margins over time. Ollie’s Bargain Outlet (OLLI) Positioned to Capitalize on One Big Beautiful Bill Tailwind
• Neutral Sentiment: Ollie’s opened a new store in La Crosse with grand‑opening promotions — expansion supports long‑term square footage growth but is unlikely to materially move near‑term results on its own. Ollie’s Bargain Outlet opens in La Crosse with grand opening deals
• Negative Sentiment: Zacks trimmed one quarterly estimate (Q2 2027 EPS down to $1.16 from $1.18) — a small downward revision that signals some near‑term volatility in quarter-to-quarter expectations even as its broader view remains constructive.

About Ollie’s Bargain Outlet

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.