Investing.com -- Ollie’s Bargain Outlet reported fourth-quarter results that broadly met profit expectations while revenue came in slightly below forecasts, and issued a full-year outlook that topped market expectations.

Adjusted earnings per share were $1.39, compared with analyst expectations of $1.41. Revenue rose 17% year over year to $779.25 million, missing the consensus estimate of $783.71 million.

Comparable store sales increased 3.6% in the quarter, up from 2.8% a year earlier. The company said the growth was driven by higher basket sizes and a rise in transaction volume. Seasonal merchandise, consumables, hardware, stationery and sporting goods were the strongest-performing categories during the period.

“We had a strong fourth quarter to cap off an exceptional year,” said Eric van der Valk, President and CEO. “In the fourth quarter, we delivered better than expected sales and earnings, driven by solid comp growth, healthy margins, and disciplined expense control. For the full year, we opened a record 86 stores and grew our Ollie’s Army loyalty program by more than 12% to 17 million members.”

Adjusted EBITDA for the quarter rose to $127.13 million, while gross margin came in at 39.9%.

Looking ahead, the retailer provided its initial outlook for fiscal 2026, which ends January 30, 2027.

Ollie’s expects adjusted earnings per share of $4.40 to $4.50 for the year, topping consensus estimates of $3.91. Net sales are projected to range between $2.99 billion and $3.01 billion, also ahead of the $2.65 billion expected by analysts.

The company also expects comparable store sales growth of around 2% and a gross margin of approximately 40.5%.