Ollie's Bargain Outlet Holdings Earnings Call Transcripts
Fiscal Year 2027
-
Q2 2026 saw strong earnings growth and margin expansion, aided by tariff refunds, despite a 1.8% comp sales decline and challenging consumer and weather conditions. Guidance for FY2026 was tempered, but long-term growth confidence remains, with robust new store openings and continued capital investment.
-
Q1 2026 saw strong earnings growth, 14% sales increase, and margin expansion, despite weather and fuel headwinds. Guidance was raised for EPS and buybacks, with 75 new stores planned and robust loyalty growth. Closeout deal flow and supply chain productivity remain key strengths.
Fiscal Year 2026
-
Strong Q4 and FY25 results featured 17% sales growth, 3.6% comp growth, and record new store openings. Guidance for FY26 includes 75 new stores, 2% comp growth, 40.5% gross margin, and stepped-up share repurchases. Retail consolidation and value-seeking trends continue to drive performance.
-
Q3 saw record store openings, strong sales and earnings growth, and robust customer acquisition, prompting a raised full-year outlook. Digital marketing and supply chain investments fueled momentum, while stores near closed competitors outperformed.
-
Second quarter results exceeded expectations with 18% sales growth, strong new store performance, and record customer engagement. Full-year guidance was raised, supported by robust deal flow, margin expansion, and continued market share gains amid industry disruption.
-
Record Q1 growth was driven by 25 new store openings and strong comparable sales, with Ollie's Army loyalty membership up 9%. Fiscal 2025 guidance was reaffirmed, targeting 75 new stores, 1.4%–2.2% comp growth, and a 40% gross margin, despite ongoing tariff and supply chain headwinds.
Fiscal Year 2025
-
Q4 results exceeded expectations with 2.8% comp sales growth and strong adjusted earnings. Fiscal 2025 guidance includes 75 new stores, 1%-2% comp growth, and $2.564–$2.586B in sales. Market disruption and Big Lots acquisitions position the company for accelerated growth.
-
Third quarter results showed 14% adjusted EPS growth and 8% sales growth, driven by new stores and strong demand for consumables and discretionary items. Guidance for fiscal 2024 remains strong, with at least 10% unit growth planned for 2025 and a robust new store pipeline.
-
Q2 net sales rose 12% to $578M with comps up 5.8%, driven by strong category and loyalty growth. Guidance for FY2024 was raised, with 50 new stores planned and a 40% gross margin target maintained despite short-term headwinds from competitor liquidations.
-
Q1 results exceeded expectations with double-digit sales growth, margin expansion, and a 49% increase in adjusted EPS. FY2024 guidance was raised, supported by strong deal flow, new store growth, and the accretive acquisition of 99 Cents Only Stores.