Ollie's Q3 sales up 9% to $418M, comps +1.9%; FY comp guidance negative -3.8% to -3.3%

Ollie's Bargain Outlet Holdings, Inc.

2022-Q3 EPS reported $0.79 revenue$1,277,220,000

Net sales $418.1M (+9.0% YoY); comparable store sales +1.9%.
Operating income $29.5M (-2.3%); operating margin 7.1% down 80 bps.
Adjusted EPS $0.37 vs $0.34 prior year; adjusted EBITDA $39.5M (+4.1%).
Fiscal 2022 outlook: net sales $1.817-1.827B, comp store sales -3.8% to -3.3%, adjusted EPS $1.57-1.62.
Q4 outlook: net sales $540-550M, comp store sales flat to +2%, adjusted EPS $0.78-0.83.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ollie's Bargain Outlet Holdings, Inc. reported the third quarter ended October 29, 2022 results: revenue $418.1 million, net income $23.1 million, EPS $0.37 per diluted share.

Period: the third quarter ended October 29, 2022
Revenue: $418.1 million
Net income: $23.1 million
EPS: $0.37 per diluted share
Result: reported results

Exact text from the filing

Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2022 Financial Results HARRISBURG, PA – December 7, 2022 – Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the third quarter ended October 29, 2022. Third Quarter Summary: • Total net sales increased 9.0% to $418.1 million. • Comparable store sales increased 1.9%. • The Company opened 15 new stores and closed one store, ending the quarter with 463 stores in 29 states, a year-over-year increase in store count of 8.7%. • Operating income decreased 2.3% to $29.5 million and operating margin decreased 80 basis points to 7.1%. • Net income was $23.1 million, or $0.37 per diluted share, as compared with $23.2 million, or $0.36 per diluted share, in the prior year.

View on SEC.gov

Browse all earnings releases →

Ollie's Bargain Outlet Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-22-044663

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.