Ollie's Bargain Outlet (OLLI) Earnings Expected to Grow: Should You Buy?
Ollie's Bargain Outlet (OLLI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wells Fargo downgrades Ollie's to Equal Weight into Q4 uncertainty
Wells Fargo downgraded Ollie's Bargain Outlet to Equal Weight from Overweight with a price target of $95, down from $100. The firm says the best time to own Ollie's may have passed. Management has "firmed up the foundation while capturing cyclical tailwinds," but the path forward "seems trickier than appreciated and big picture questions linger," the analyst tells investors in a research note. Wells sees Q4 uncertainty given the holiday calendar and Big Lot liquidations. Meanwhile, tight retail inventories in 2025 may lead to a less robust closeout buying backdrop, while gross margin upside seems limited with Ollie's at its target, adds Wells. As such, it views the stock's risk/reward as balanced at this price.
Ollie's Bargain downgraded to Equal Weight from Overweight at Wells Fargo
Wells Fargo downgraded Ollie's Bargain Outlet to Equal Weight from Overweight with a price target of $95, down from $100.
Ollie's Bargain Outlet Holdings: No Bargain Here As Earnings Near
Ollie's Bargain Outlet Holdings has seen a 73.8% stock price increase, driven by strong financial performance and store expansion, outpacing the S&P 500's 51.9% rise. Despite impressive growth in revenue, net income, and comparable store sales, I maintain a 'hold' rating due to valuation concerns and market conditions. The company's gross profit margin and interest income have significantly improved, benefiting from reduced supply chain costs and a net cash position.
OLLI Adds 8 Big Lots Stores to Portfolio: What it Means for Investors
Ollie's Bargain's acquisition of more former Big Lots stores represents a step forward in its growth initiative within the competitive retail landscape.
Ollie's Bargain Up 32% in 6 Months: How Should Investors Play Ahead?
Ollie's Bargain's commitment to offering value-driven merchandise assortments has made it a formidable player in the marketplace.
Looking for a Growth Stock? 3 Reasons Why Ollie's Bargain Outlet (OLLI) is a Solid Choice
Ollie's Bargain Outlet (OLLI) could produce exceptional returns because of its solid growth attributes.
Here's Why Ollie's Bargain Outlet (OLLI) is a Strong Growth Stock
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OLLI Expands With 7 Big Lots Stores: What More Should Investors Know?
Ollie's Bargain's acquisition of former Big Lots stores signifies a growth initiative within the competitive retail landscape.
Why Ollie's Bargain Outlet (OLLI) is a Top Growth Stock for the Long-Term
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Ollie's Bargain Outlet (OLLI) Recently Broke Out Above the 50-Day Moving Average
Ollie's Bargain Outlet (OLLI) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, OLLI broke out above the 50-day moving average, suggesting a short-term bullish trend.
Ollie's Bargain Outlet: Rating Downgrade As Upside Is No Longer Attractive
I recommend a hold rating for Ollie's Bargain Outlet stock due to valuation concerns, despite a positive fundamental outlook and solid growth performance. OLLI reported strong Q2 results with 12.4% revenue growth and 5.8% same-store sales growth, driven by increased transactions and basket size. The new customer acquisition strategy, including an improved email program and co-branded credit card, shows promise for sustaining sales momentum.
