KeyBanc on Ollie's Bargain Outlet (OLLI): 'Strong Underlying Momentum'

KeyBanc analyst Bradley B. Thomas reiterated an Overweight rating and $154.00 price target on Ollie's Bargain Outlet (NASDAQ: OLLI).

The analyst commented: "Strong Underlying Momentum; OLLI remains one of our favorite SMID growth ideas, as we believe it can grow and take share in most consumer environments. For 3Q, OLLI reported EPS above Street expectations, driven by upside in gross margin. Comps were +3.3% and were in line with mgmt’s expectations (~3%), but slightly below Street expectations. Encouragingly, 4QTD comp trends are running ahead of 2-3% guidance for 4Q. Moreover, OLLI raised 2025 EPS guidance, while blessing midteens EPS growth in 2026. We reiterate our OW rating and $154 PT."

For an analyst ratings summary and ratings history on Ollie's Bargain Outlet click here. For more ratings news on Ollie's Bargain Outlet click here.

Shares of Ollie's Bargain Outlet closed at $114.07 yesterday.

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