OLLIE'S CELEBRATES GRAND OPENING AND RIBBON CUTTING AT NEW ILLINOIS DISTRIBUTION CENTER

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Citi Reiterates Sell Rating on Ollie's Bargain Outlet (OLLI), 'risk/reward balanced to unfavorable going into earnings'

August 22, 2024 4:57 AM EDT

Citi analyst Paul Lejuez reiterated a Sell rating and $64.00 price target on Ollie's Bargain Outlet (NASDAQ: OLLI).

The analyst comments "We expect OLLI to beat 2Q (we est comps +3% vs cons +2% and EPS of $0.83 vs $0.78 cons) and mgmt to increase their... More