Ollie's Bargain Outlet Holdings Inc. (OLLI)
Ollie's Set For Strategic Expansion: Analysts Bullish As Store Growth And Market Dynamics Drive Earnings Upside
Ollie's Bargain Outlet Holdings, Inc. OLLI shares are trading higher on Wednesday.
2 top US retail stocks to buy after today's inflation data
US consumer prices increased 0.3% for the month to bump the annual rate of inflation to 2.7% in November, as per data the Bureau of Labour Statistics reported on Wednesday. Higher inflation tends to weigh on consumer spending which can negatively affect retail sales.
Ollie's Bargain Q3 Earnings Beat Estimates, Comps Decline 0.5% Y/Y
OLLI reports mixed Q3 results, with sales miss and earnings beat. Comparable sales decline ends nine straight quarters of growth streak, driving the revised view.
Ollie's Bargain Outlet Holdings, Inc. (OLLI) Q3 2024 Earnings Call Transcript
Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI ) Q3 2024 Earnings Conference Call December 10, 2024 8:30 AM ET Company Participants John Swygert - Chief Executive Officer Eric van der Valk - President Robert Helm - Executive Vice President & Chief Financial Officer Conference Call Participants Matthew Boss - JPMorgan Peter Keith - Piper Sandler Bradley Thomas - KeyBanc Capital Markets Chuck Grom - Gordon Haskett Scot Ciccarelli - Truist Securities Kate McShane - Goldman Sachs Jeremy Hamblin - Craig-Hallum Capital Group Anthony Chukumba - Loop Capital Markets Melanie Nunez - Bank of America Edward Kelly - Wells Fargo Mark Carden - UBS Paul Lejuez - Citigroup Operator Good morning and welcome to Ollie's Bargain Outlet Conference Call to discuss the Financial Results for the Third Quarter of Fiscal Year 2024. Currently, all participants are in a listen-only mode.
Gold Gains Over 1%; Ollie's Bargain Outlet Shares Jump After Q3 Earnings
U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining around 50 points on Tuesday.
Compared to Estimates, Ollie's Bargain Outlet (OLLI) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Ollie's Bargain Outlet (OLLI) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Ollie's Rockets On Earnings; United Natural Foods Beats And Raises
Ollie's Bargain Outlet and United Natural Foods both topped earnings estimates, lifting the retail stocks early Tuesday. The post Ollie's Rockets On Earnings; United Natural Foods Beats And Raises appeared first on Investor's Business Daily.
Ollie's Bargain Outlet (OLLI) Q3 Earnings Surpass Estimates
Ollie's Bargain Outlet (OLLI) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.51 per share a year ago.
Ollie's Bargain Q3 Earnings on the Horizon: Drivers to Watch
Ollie's Bargain Outlet is poised for decent third-quarter revenue growth, fueled by strategic expansion and a compelling value proposition.
Ahead of Ollie's Bargain Outlet (OLLI) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ollie's Bargain Outlet (OLLI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2024.
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.
