earnings
confidence high
sentiment negative
materiality 0.65
Ollie's Q2 net sales drop 21.4% to $415.9M; diluted EPS $0.52 vs $1.50 last year
Ollie's Bargain Outlet Holdings, Inc.
2021-Q2 EPS reported
$1.36
revenue$868,373,000
- Comparable store sales -28.0% YoY, but two-year stack +15.3% from 2019 record.
- Adjusted EBITDA $54.1M, down 45.6% from $99.4M; margin 13.0% vs 18.8%.
- Opened 12 new stores, ending quarter with 409 stores in 28 states.
- No FY2021 guidance provided due to COVID uncertainty and supply chain challenges.
- Repurchased 319,556 shares for $25.7M during Q2; $164.7M remaining on buyback program.