Ollie's Bargain Outlet (OLLI) Tops Q3 EPS by 6c, Offers Guidance

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Ollie's Bargain Outlet (OLLI) stock rises as lower supply chain costs boost Q3 earnings

December 6, 2023 9:26 AM EST

Ollie's Bargain Outlet (NASDAQ: OLLI) shares rallied premarket Wednesday after topping third-quarter consensus earnings and revenue expectations and raising its full-year guidance.

The company posted Q3 EPS of $0.51, $0.06 better than the analyst estimate of $0.45, with revenue for the quarter coming in at $480.1 million, increasing 14.8% YoY, and... More