Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2018 Financial Results
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Ollie's Bargain Outlet (OLLI) PT Lowered to $89 at RBC Capital
December 6, 2018 7:42 AM ESTRBC Capital analyst Scot Ciccarelli lowered the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $89.00 (from $95.00) while maintaining a Sector Perform rating.
... MoreOllie's Bargain Outlet (OLLI) Tops Q3 EPS by 1c, Revenues Beat; Offers FY EPS/Revenue Guidance
December 4, 2018 4:12 PM ESTOllie's Bargain Outlet (NASDAQ: OLLI) reported Q3 EPS of $0.32, $0.01 better than the analyst estimate of $0.31. Revenue for the quarter came in at $283.6 million versus the consensus estimate of $278.46 million.
Total net sales increased 19.1% to $283.6 million.Comparable store sales increased 4.6% on top of a 2.1% increase in the third quarter last year.Store count increased 12.1% year-over-year with the opening of 17 stores, including one relocation, totaling 297 stores in 23 states at period-end.Operating income increased 21.0% to $29.3 million and operating margin increased 10 basis points to... More