Ollie’s Bargain Outlet Holdings, Inc. Reports First Quarter Fiscal 2019 Financial Results
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Ollie's Bargain Outlet (OLLI) PT Raised to $90 at RBC Capital
June 7, 2019 6:26 AM EDTRBC Capital analyst Scot Ciccarelli raised the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $90.00 (from $89.00) while maintaining a Sector Perform rating.
... MoreOllie's Bargain Outlet (OLLI) Tops Q1 EPS by 2c, Revenues Beat, Comp. Sales Up 0.8%; Raises FY20 Sales & Earnings Guidance
June 6, 2019 4:14 PM EDTOllie's Bargain Outlet (NASDAQ: OLLI) reported Q1 EPS of $0.46, $0.02 better than the analyst estimate of $0.44. Revenue for the quarter came in at $324.9 million versus the consensus estimate of $319.54 million.
Total net sales increased 17.8% to $324.9 million.Comparable store sales increased 0.8% on top of a 1.9% increase in the prior year.The Company opened 21 stores during the quarter, ending the period with a total of 324 stores in 23 states, an increase in store count of 17.4% year over year.Net income increased... More