Ollie’s Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2021 Financial Results

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Ollie's Bargain Outlet (OLLI) Misses Q2 EPS by 3c, Revs Miss

August 26, 2021 4:09 PM EDT

Ollie's Bargain Outlet (NASDAQ: OLLI) reported Q2 EPS of $0.52, $0.03 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $415.9 million versus the consensus estimate of $435.75 million.

Comparable store sales decreased 28.0% from the prior year increase of 43.3%, resulting in a two-year stack of positive 15.3%.

We are very pleased with our results for the second quarter as we delivered comparable store sales growth... More