earnings
confidence high
sentiment neutral
materiality 0.80
Ollie's Q2 EPS $1.42, comps -1.8%; raises FY26 EPS guidance, cuts sales outlook
Ollie's Bargain Outlet Holdings, Inc.
- Net sales $741.3M, +9.1% YoY; comp store sales -1.8% vs +5.0% last year.
- Adjusted EPS $1.42, +43.4% YoY; gross margin 43.5% (+360bps) on IEEPA tariff refunds.
- FY26 outlook: net sales cut to $2.928-2.941B (from $2.980-3.000B); adjusted EPS raised to $4.57-4.65.
- Opened 15 stores, ended with 686; Ollie's Army members +12.7% to 18.1M.
- Repurchased 1.107M shares for $84M in Q2; $121.5M remaining under authorization.