Ollie’s Bargain Outlet Holdings, Inc. Reports First Quarter Fiscal 2018 Financial Results
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Ollie's Bargain Outlet (OLLI) PT Raised to $79 at RBC Capital
June 6, 2018 9:00 AM EDTRBC Capital raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $79.00 (from $69.00) while maintaining a Outperform rating.
Analsyt Scot Ciccarelli commented, "Ollies continues to generate very strong top- (+21%) and bottom-line growth (EBIT +32%/EPS +64%). While we could see some profit taking... More
Ollie's Bargain Outlet (OLLI) PT Raised to $75 at BofA/Merrill Lynch
June 6, 2018 8:45 AM EDTBofA/Merrill Lynch raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $75.00 (from $63.00) while maintaining a Neutral rating.
... MoreStephens Reiterates Overweight on Ollie's Bargain Outlet (OLLI) Following 1Q
June 6, 2018 7:28 AM EDTStephens reiterated an Overweight rating and $70.00 price target on Ollie's Bargain Outlet (NASDAQ: OLLI) following the company's 1Q earnings report. 1Q18 EPS rose 48% to $0.41, exceeding the consensus of $0.37. The solid performance reflects strong deal flow, strong performance from new stores, and tight expense... More
Ollie's Bargain Outlet (OLLI) PT Raised to $78 at Credit Suisse Following 1Q
June 6, 2018 7:10 AM EDTCredit Suisse raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $78.00 (from $68.00) while maintaining a Outperform rating following the company's 1Q earnings report. EPS of $0.41 was above consensus of $0.37 despite weather and freight headwinds. Comps were in-line with consensus, although transactions were... More
Ollie's Bargain Outlet (OLLI) Tops Q1 EPS by 4c, Revenues Beat; Boosts FY Guidance
June 5, 2018 4:13 PM EDTOllie's Bargain Outlet (NASDAQ: OLLI) reported Q1 EPS of $0.41, $0.04 better than the analyst estimate of $0.37. Revenue for the quarter came in at $275.7 million versus the consensus estimate of $267.15 million.
First Quarter Summary:
Total net sales increased 21.1% to $275.7 million. Comparable store sales increased 1.9%.The Company opened eight stores and entered one new state during the quarter, ending the period with a total of 276 stores in 21 states, an increase in store count of 15.5% year over year.Operating income increased 31.6% to $36.0 million and operating margin increased 110 basis points to 13.1%.Net income... More