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

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Ollie's Bargain Outlet (OLLI) PT Lowered to $45 at BofA Securities

December 3, 2021 8:54 AM EST

BofA Securities analyst Jason Haas lowered the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $45.00 (from $56.00) while maintaining an Underperform rating.

Inflation called out as a headwind to low-income spending... More

UPDATE: JPMorgan Downgrades Ollie's Bargain Outlet (OLLI) to Underweight (correction)

December 3, 2021 5:37 AM EST

(Updated - December 3, 2021 8:05 AM EST)

JPMorgan analyst Matthew Boss downgraded Ollie's Bargain Outlet (NASDAQ: OLLI) from Neutral to Underweight with a price target of $50.00 (from $77.00).

The analyst comments "With growth slowing post-pandemic absent new stimulus, relative customer acquisition/comps trailing... More

Ollie's Bargain Outlet (OLLI) Misses Q3 EPS by 13c, Guidance Misses

December 2, 2021 4:10 PM EST

Ollie's Bargain Outlet (NASDAQ: OLLI) reported Q3 EPS of $0.34, $0.13 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $383.5 million versus the consensus estimate of $415.12 million.

GUIDANCE:

Ollie's Bargain Outlet sees FY2021 EPS of $2.30-$2.35, versus the... More