Ollie’s Bargain Outlet Holdings, Inc. Announces Fiscal 2016 First Quarter Financial Results
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Jefferies Reiterates Buy on Ollie's Bargain Outlet (OLLI) Following 1Q Beat
June 2, 2016 8:26 AM EDTJefferies reiterated a Buy rating on Ollie's Bargain Outlet (NASDAQ: OLLI), and raised the price target to $30.00 (from $29.00), following the company's 1Q earnings report. The company's $0.04 beat reflected a 6% comp sales gain, strong gross margin and good expense leverage. Management passed through... More
Ollie's Bargain Outlet (OLLI) Tops Q1 EPS by 3c; Guides In-Line
June 1, 2016 4:12 PM EDTOllie's Bargain Outlet (NASDAQ: OLLI) reported Q1 EPS of $0.20, $0.03 better than the analyst estimate of $0.17. Revenue for the quarter came in at $193.7 million versus the consensus estimate of $190.44 million. Comparable store sales increased 6.0%.
GUIDANCE:
Ollie's Bargain Outlet sees FY2016 EPS of $0.84-$0.86, versus the consensus of $0.84. Ollie's Bargain Outlet sees FY2016 revenue of $868-878 million, versus the consensus of... More
