Ollie’s Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2018 Financial Results

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Ollie's Bargain Outlet (OLLI) PT Raised to $100 at Stephens

September 6, 2018 8:39 AM EDT

Stephens analyst Nicholas Zangler raised the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $100.00 (from $79.00) while maintaining a Overweight rating following the company's 2Q earnings report. 2Q18 adjusted EPS rose +48% to $0.40, exceeding the consensus of $0.36. SSS increased +4.4% vs. consensus estimate of +1.3%.

Zangler raised... More

Ollie's Bargain Outlet (OLLI) PT Raised to $82 at MKM Partners

September 6, 2018 8:32 AM EDT

MKM Partners analyst Patrick McKeever raised the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $82.00 (from $80.00) while maintaining a Neutral rating.

McKeever commented, "Comps increased 4.4% and nicely beat our 1.0% and the Street's 1.4%, but traffic was negative for the third... More

Ollie's Bargain Outlet (OLLI) Tops Q2 EPS by 4c, Revenues Beat; Offers FY18 EPS/Revenues Guidance Above Consensus

September 5, 2018 4:13 PM EDT

Ollie's Bargain Outlet (NASDAQ: OLLI) reported Q2 EPS of $0.40, $0.04 better than the analyst estimate of $0.36. Revenue for the quarter came in at $288.1 million versus the consensus estimate of $284.68 million.

Total net sales increased 13.1% to $288.1 million.Comparable store sales increased 4.4%.The Company opened six stores and entered one new state during the quarter, ending the period with a total of 282 stores in 22 states, an increase... More