---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-023811"
form_type: "8-K"
ticker: "OLLI"
cik: "0001639300"
company_name: "Ollie's Bargain Outlet Holdings, Inc."
filed_at: "2026-06-03T11:05:48+00:00"
generated_at: "2026-06-03T11:10:10.527486+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ollie's Q1 EPS beats; net sales up 14.2%; raises FY2026 adjusted EPS outlook to $4.45-$4.55

## Summary
- Net sales $658.9M (+14.2% YoY); comparable store sales +1.7%; net income $56.4M vs $47.6M.
- GAAP EPS $0.92 (+19% YoY); adjusted EPS $0.91 (+21% YoY), ahead of expectations.
- Gross margin expanded 80 bps to 41.9%; SG&A flat at 28.6%.
- Opened 27 new stores; total 672 stores (+15.1% YoY); Ollie's Army members up 12.6% to 17.5M.
- Raised FY2026 adjusted EPS guidance to $4.45-$4.55 (from $4.40-$4.50); reaffirms ~2% comp and 75 new stores.

## SEC filing metadata
- accession: 0001140361-26-023811
- form_type: 8-K
- ticker: OLLI
- cik: 0001639300
- company_name: Ollie's Bargain Outlet Holdings, Inc.
- filed_at: 2026-06-03T11:05:48+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639300/000114036126023811/0001140361-26-023811-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639300/000114036126023811/ef20075441_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-023811
- JSON: https://secwatch.observer/filing/0001140361-26-023811.json
- Plain text: https://secwatch.observer/filing/0001140361-26-023811.txt

## Key facts
- Earnings Releases
  Ollie's Bargain Outlet Holdings, Inc. reported first quarter ended May 2, 2026 results: revenue $658,928, net income $56,400, EPS $0.92 per diluted share. Guidance raised.
  - Period: first quarter ended May 2, 2026
  - Revenue: $658,928
  - Net income: $56,400
  - EPS: $0.92 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: to the year, we are raising our earnings per share outlook for fiscal 2026.” Thirteen weeks ended Dollars in thousands, except per share data May 2, 2026 May 3, 2025 Net sales $ 658,928 $ 576,767 Yr/yr change 14.2 % 13.4 % Comparable store sales change (1) 1.7 % 2.6 % Net income $ 56,400 $ 47,560 Net income per diluted share $ 0.92 $ 0.77 Adjusted net income per
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639300/000114036126023811/0001140361-26-023811-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.