Ollie’s Bargain Outlet Holdings, Inc. Announces Fiscal 2016 Second Quarter Financial Results

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Ollie's Bargain Outlet (OLLI) PT, Est. Lifted at Jefferies Following 'Beat and Raise'

September 1, 2016 7:13 AM EDT

Jefferies analyst Daniel Binder reiterated a Buy rating and bumped his price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $31.00 (from $30.00) following Q2 'beat and raise'. The analyst notes solid execution.

Binder commented, "Another quarter from OLLI showed comp sales and EPS... More

Ollie's Bargain Outlet (OLLI) Tops Q2 EPS by 3c; Lifts Outlook

August 31, 2016 4:11 PM EDT

Ollie's Bargain Outlet (NASDAQ: OLLI) reported Q2 EPS of $0.21, $0.03 better than the analyst estimate of $0.18. Revenue for the quarter came in at $211.3 million versus the consensus estimate of $207.61 million.

Comparable store sales increased 3.5%.

GUIDANCE:

Ollie's Bargain Outlet sees FY2016 EPS of $0.88-$0.90, versus the consensus of $0.87. Ollie's Bargain... More