Ollie's Bargain Outlet: Fiscal Q3 Earnings Snapshot

Associated Press Finance
10 Dec 2024

HARRISBURG, Pa. (AP) — HARRISBURG, Pa. (AP) — Ollie's Bargain Outlet Holdings Inc. (OLLI) on Tuesday reported fiscal third-quarter net income of $35.9 million.

The Harrisburg, Pennsylvania-based company said it had profit of 58 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.

The retailer posted revenue of $517.4 million in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $518.6 million.

Ollie's Bargain Outlet expects full-year earnings in the range of $3.22 to $3.30 per share, with revenue in the range of $2.27 billion to $2.28 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLLI at https://www.zacks.com/ap/OLLI

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