Ollie’s Bargain Outlet Holdings, Inc. Reports Fourth Quarter and Fiscal 2023 Financial Results

RBC Capital Comments on Ollie's Bargain Outlet (OLLI) Post Earnings

RBC Capital analyst Steven Shemesh reiterated an Outperform rating and $86.00 price target on Ollie's Bargain Outlet (NASDAQ: OLLI).

The analyst comments "Some puts and takes, but ultimately not a thesis changing quarter. Looking ahead to FY'24, we skew a little more cautious on... More

Jefferies on Ollie's Bargain Outlet (OLLI) Earnings: 'Steady As She Goes... A Solid Qtr, Outlook Slightly Below But Fine'

Jefferies analyst Randal Konik reiterated a Buy rating and $90.00 price target on Ollie's Bargain Outlet (NASDAQ: OLLI)

The analyst comments "4Q results were in line on top line and ahead on bottom line, driven by new store growth, broad-based strength across categories,... More

Ollie's Bargain Outlet (OLLI) PT Lowered to $92 at Piper Sandler

Piper Sandler analyst Peter J. Keith lowered the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $92.00 (from $93.00) while maintaining a Overweight rating.

The analyst comments "Solid Q4: 2024 Guide Appears Reasonable; Increased New Store Target".

KeyBanc on Ollie's Bargain Outlet (OLLI) Earnings Report: 'Solid 4Q Above, LT Store Potential Increased'

KeyBanc analyst Bradley B. Thomas reiterated an Overweight rating and $93.00 price target on Ollie's Bargain Outlet (NASDAQ: OLLI)

The analyst comments "OLLI reported 4Q results above expectations (as we previewed), primarily benefiting from better than expected comps and gross margin expansion. Comps... More

Ollie's Bargain Outlet (OLLI) PT Lowered to $85 at JPMorgan

JPMorgan analyst Matthew Boss lowered the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $85.00 (from $88.00) while maintaining a Neutral rating.

The analyst comments "4Q adj. EPS of $1.23 exceeded the Street at $1.16, driven by +3.9% same-store-sales (> Street at +3.5%) and GPM expansion of +290bps to 40.5%... More

Ollie's Bargain Outlet (OLLI) Tops Q4 EPS by 8c, Offers Guidance

Ollie's Bargain Outlet (NASDAQ: OLLI) reported Q4 EPS of $1.23, $0.08 better than the analyst estimate of $1.15. Revenue for the quarter came in at $648.9 million versus the consensus estimate of $649.43 million.

GUIDANCE:

Ollie's Bargain Outlet sees FY2024 EPS of $3.10-$3.20, versus the... More