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Key Takeaways Ollie's new $500M buyback authorization raises its total repurchase capacity to approximately $561M.OLLI generated $153.6M in first-half operating cash flow and held $507.1M in cash and investments.Ollie's shares rose 34.9% in three months, while its forward price-to-sales ratio of 1.66 trails the industry.
Ollie’s Bargain Outlet Holdings, Inc.’s (OLLI - Free Report) board of directors has authorized an additional $500 million for share repurchases, signaling management's confidence in the company’s ability to generate substantial cash flow across diverse retail environments. The new authorization brings the retailer's total available buyback capacity to approximately $561 million, including the amount remaining under its previous authorization.

The latest reported numbers support that confidence. In the second quarter of fiscal 2026, Ollie's generated $108.1 million in cash from operating activities, up from $80.7 million a year earlier. For the first half, operating cash flow reached $153.6 million compared with $109.4 million in the prior-year period. Cash and investments totaled $507.1 million at quarter-end with no meaningful long-term debt.

The company has also been putting money to work. It repurchased $84 million of shares in the second quarter and $137.3 million during the first six months. Ollie's fiscal 2026 outlook called for approximately $175 million in repurchases, up from the prior estimate of $125 million.

Since initiating its buyback program in 2019, the company has deployed approximately $679 million toward share repurchases while simultaneously funding new stores, supply-chain expansions and growth initiatives. The new buyback authorization offers financial flexibility to execute repurchases opportunistically via open market transactions.

Walmart and BJ’s Wholesale Drive Shareholder ValueWalmart Inc. (WMT - Free Report) continues to prioritize shareholder returns through its share repurchase program. In the first six months of fiscal 2027, Walmart repurchased 42.3 million shares for $5.1 billion, leaving $25.1 billion available under its $30-billion authorization approved in February 2026. Walmart generated $19,710 million in operating cash flow during the aforesaid period, up $1,358 million year over year. Despite higher capital spending, Walmart's continued buybacks highlight its capacity to balance shareholder returns with business investments.

BJ's Wholesale Club Holdings, Inc. (BJ - Free Report) also remains committed to returning capital to shareholders through share repurchases. In the second quarter of fiscal 2026, BJ’s Wholesale repurchased approximately 1.4 million shares for $124.1 million, bringing first-half repurchases to $330.7 million. At the end of the second quarter, BJ’s Wholesale had $422.1 million remaining under its existing authorization. With second-quarter adjusted free cash flow reaching $265.5 million, BJ’s Wholesale continues to balance buybacks with investments in club expansion and long-term growth.

How Does Ollie’s Bargain Stack Up Against Its Industry?Ollie’s Bargain has seen its shares rally 34.9% over the past three months compared with the industry’s rise of 1.1%. 
 

Image Source: Zacks Investment Research

What Does OLLI’s Current Valuation Suggest?From a valuation standpoint, Ollie’s Bargain's forward 12-month price-to-sales ratio stands at 1.66, lower than the industry’s ratio of 2.33. It is also trading below its 12-month median level of 1.82.
 

Image Source: Zacks Investment Research

What Do Earnings Estimates Signal for Ollie’s Bargain?The Zacks Consensus Estimate for OLLI’s current fiscal-year sales and earnings per share implies year-over-year growth of 10.8% and 19.4%, respectively. For the next fiscal year, the consensus estimate indicates a 10.6% rise in sales and 6.1% growth in earnings.
 

Image Source: Zacks Investment Research

Ollie’s Bargain currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

HARRISBURG, Pa., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that its Board of Directors has unanimously approved a new share repurchase authorization for the repurchase of an additional $500 million of the Company’s outstanding common stock. Including the Company’s existing share repurchase authorization, the Company now has approximately $561 million of aggregate share repurchase capacity.

“This new authorization underscores our conviction in the substantial long-term growth opportunity ahead. It also demonstrates our confidence in the durability of Ollie’s business model, our ability to generate substantial cash flow over time, and in the strength of our financial position,” said Eric van der Valk, President and Chief Executive Officer. “We remain committed to our capital allocation priorities, including investing in new stores, strengthening the capabilities and infrastructure to support our growth, maintaining financial flexibility, and returning excess capital to shareholders through disciplined share repurchases. We believe this authorization reflects our confidence in the future of our business with our focus on creating long-term shareholder value.”

Since initiating its share repurchase program in 2019, the Company has returned approximately $679 million to shareholders through share repurchases while continuing to invest in new stores, supply chain capacity, and its strategic growth initiatives.

This new authorization has no expiration date and provides the Company with flexibility to execute repurchases over time, either through open market transactions, privately negotiated transactions, Rule 10b5-1 trading plans, or other permissible means, all at the Company’s discretion. The share repurchase program does not obligate the Company to repurchase any common stock and the program may be suspended, modified, or discontinued at any time.

About Ollie’s        

Ollie’s is a leading off-price retailer of brand-name household products. Since our founding in 1982, our mission has been to sell Good Stuff Cheap®. We do this through a flexible buying model that focuses on closeout merchandise and excess inventory from suppliers and manufacturers around the world. Our stores offer Real Brands! Real Bargains!® in a treasure hunt environment at prices up to 70% below traditional retailers. As of August 1, 2026, we operated 686 stores in 36 states and growing! For more information, visit www.ollies.com.

Forward-Looking Statements

Statements in this press release may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “anticipate,” “intend,” “may,” “could,” “should,” “plan,” “project,” “forecast,” “believe,” “estimate,” “guidance,” “outlook,” “trends,” “goals” and similar expressions generally identify these forward-looking statements. Forward-looking statements are based on the Company’s current expectations and assumptions regarding its business, capital market conditions, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Company’s actual results may differ materially from those contemplated by the forward-looking statements. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. Any forward-looking statements made by the Company in this press release speak only as of the date on which they were made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Investor Contact

John Rouleau
Managing Director, Corporate Communication & Business Development
[email protected]

Media Contact

Tom Kuypers
Senior Vice President, Marketing
[email protected]

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Stock to Watch: Ollie's Bargain Outlet (OLLI - Free Report) Headquartered in Harrisburg, PA, Ollie’s Bargain Outlet Holdings, Inc. is a value retailer of brand-name merchandise at drastically reduced prices. The company offers products principally under Ollie’s, Ollie’s Bargain Outlet, Good Stuff Cheap, Ollie’s Army, Real Brands Real Cheap!, Real Brands! Real Bargains!, Sarasota Breeze, Steelton Tools, American Way and Middleton Home. 

OLLI is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Consumer Staples stock. OLLI has a Momentum Style Score of B, and shares are up 19% over the past four weeks.

Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.17 to $4.61 per share. OLLI boasts an average earnings surprise of +8.9%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, OLLI should be on investors' short list.

It has been about a month since the last earnings report for Ollie's Bargain Outlet (OLLI - Free Report) . Shares have added about 19.3% in that time frame, outperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Ollie's Bargain Outlet due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.

OLLI Q2 Earnings Beat Estimates on Tariff Refunds, Sales MissOllie’s Bargain Outlet Holdings, Inc. reported second-quarter fiscal 2026 adjusted earnings of $1.42 per share, which improved 43.4% year over year and beat the Zacks Consensus Estimate of $1.14 by 24.6%. Net sales rose 9.1% to $741.3 million but missed the consensus mark of $753 million by 1.5%. Earnings benefited from IEEPA tariff refunds and lower tariff rates, while the sales increase reflected new-store growth. Comparable-store sales declined 1.8% as average basket size fell, with less favorable weather, consumer pressure and a heightened promotional environment weighing on demand.

OLLI’s Sales Growth Faces Comp PressureOLLI opened 15 stores and closed one storm-damaged location during the quarter, ending with 686 stores across 36 states. The store base increased 11.9% from a year earlier and remained the main driver of top-line growth. The company opened 42 stores in the first half of fiscal 2026. Comparable-store transactions were flat, while the average basket declined. Toys, general merchandise, summer furniture, candy and seasonal decor were the strongest categories. Lawn and garden plus room air represented more than 100 basis points of year-over-year comp pressure, with management indicating that the broader drag was more meaningful because those categories also drive store traffic.

Ollie’s Bargain Sees Mixed Consumer TrendsOllie’s Bargain said lower-income customers continued to prioritize needs over wants, shop closer to need and make fewer trips. Management defined that cohort at a household income of $65,000 or below. Higher-income customers, defined around $100,000 and above, continued to trade down in search of value. Ollie’s Army loyalty membership increased 12.7% to 18.1 million. New customer acquisition also increased, while management highlighted continued momentum among shoppers ages 35 to 55, with particular strength in the 35-45 range. Closeout deal flow remained strong, giving the retailer flexibility to adjust category mix and value.

OLLI’s Margins Get a Tariff Refund BoostGross margin expanded 360 basis points to 43.5%. IEEPA tariff refunds contributed 380 basis points, while merchandise margin declined primarily because of price investments. Lower tariff rates more than offset elevated transportation costs. Excluding the refund and related price investment, management said gross margin would have been about 40.3%-40.4%.

SG&A expenses increased 80 basis points as a share of sales to 26.6%, reflecting fixed-cost deleverage from the negative comp and higher marketing costs tied to one additional merchandise flyer. Pre-opening expenses fell 42% to $5.2 million on fewer store openings and lower dark-rent expense.

Ollie’s Bargain Posts Higher ProfitabilityAdjusted net income increased 40.3% to $85.4 million. Operating income rose 40.9% to $108.5 million, while adjusted EBITDA climbed 35.5% to $127.1 million. Adjusted EBITDA margin widened 330 basis points to 17.1%.

Beyond the tariff benefit, management cited favorable shrink trends and supply-chain efficiencies as additional support to earnings. The Texas distribution-center expansion was completed during the quarter, and operations have normalized. The Illinois facility expansion is expected to begin in the coming months.

OLLI Leverages Balance Sheet to Fund Growth and BuybacksTotal cash and investments reached $507.1 million, up 10.2% year over year, while inventories increased 10.5% to $704.4 million, primarily to support new-store growth. Capital expenditures totaled $43.3 million, with spending focused on new stores, existing-store improvements and the Texas distribution-center expansion.

OLLI repurchased about $84 million of stock in the quarter and $137.3 million in the first half. The company had $121.5 million remaining under its authorization at quarter-end and continued to carry no meaningful long-term debt.

Ollie’s Bargain Resets Sales View, Raises Profit GuideOllie’s Bargain lowered its fiscal 2026 net sales outlook to $2.928-$2.941 billion from $2.980-$3.000 billion. Comparable-store sales are now expected to range from flat to up 0.5%, down from the prior view of about 2% growth. The 75-store opening target was maintained, while planned share repurchases increased to about $175 million from $125 million.

The company raised its adjusted earnings outlook to $4.57-$4.65 per share from $4.45-$4.55 and lifted the gross-margin view to about 41.3% from 40.7%. Operating income is now projected at $345-$350 million. Management expects third-quarter comps near flat and fourth-quarter comps up about 1%, while August trends were running ahead of the plan used to set guidance.

How Have Estimates Been Moving Since Then?It turns out, estimates review have trended downward during the past month.

The consensus estimate has shifted -7.99% due to these changes.

VGM ScoresAt this time, Ollie's Bargain Outlet has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a score of C on the value side, putting it in the middle 20% for value investors.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Ollie's Bargain Outlet has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerOllie's Bargain Outlet belongs to the Zacks Consumer Products - Staples industry. Another stock from the same industry, BJ's Wholesale Club (BJ - Free Report) , has gained 1.3% over the past month. More than a month has passed since the company reported results for the quarter ended July 2026.

BJ's reported revenues of $6.09 billion in the last reported quarter, representing a year-over-year change of +13.2%. EPS of $1.36 for the same period compares with $1.14 a year ago.

BJ's is expected to post earnings of $1.22 per share for the current quarter, representing a year-over-year change of +5.2%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.1%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for BJ's. Also, the stock has a VGM Score of A.

Engineers Gate Manager LP grew its position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Free Report) by 176.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,639 shares of the company’s stock after acquiring an additional 21,467 shares during the period. Engineers Gate Manager LP owned 0.06% of Ollie’s Bargain Outlet worth $2,586,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Allworth Financial LP increased its holdings in Ollie’s Bargain Outlet by 81.9% during the 4th quarter. Allworth Financial LP now owns 402 shares of the company’s stock valued at $44,000 after purchasing an additional 181 shares in the last quarter. CENTRAL TRUST Co raised its position in Ollie’s Bargain Outlet by 131.6% in the 1st quarter. CENTRAL TRUST Co now owns 477 shares of the company’s stock valued at $44,000 after purchasing an additional 271 shares during the last quarter. Root Financial Partners LLC boosted its stake in Ollie’s Bargain Outlet by 190.5% in the first quarter. Root Financial Partners LLC now owns 488 shares of the company’s stock worth $45,000 after purchasing an additional 320 shares in the last quarter. GAMMA Investing LLC boosted its stake in Ollie’s Bargain Outlet by 13.2% in the second quarter. GAMMA Investing LLC now owns 1,632 shares of the company’s stock worth $125,000 after purchasing an additional 190 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Ollie’s Bargain Outlet by 21.5% during the first quarter. EverSource Wealth Advisors LLC now owns 1,798 shares of the company’s stock worth $165,000 after purchasing an additional 318 shares during the last quarter.

Ollie’s Bargain Outlet Stock Performance NASDAQ:OLLI opened at $77.02 on Tuesday. The stock’s fifty day moving average price is $72.49 and its two-hundred day moving average price is $82.46. Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $60.29 and a 52-week high of $139.21. The company has a market cap of $4.57 billion, a price-to-earnings ratio of 17.19, a P/E/G ratio of 1.22 and a beta of 0.50.

Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.30. The firm had revenue of $741.31 million for the quarter, compared to analyst estimates of $747.71 million. Ollie’s Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%.The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period last year, the company earned $0.99 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. On average, equities analysts predict that Ollie’s Bargain Outlet Holdings, Inc. will post 4.6 EPS for the current fiscal year. Analyst Ratings Changes A number of analysts have recently weighed in on the company. Royal Bank Of Canada raised their target price on Ollie’s Bargain Outlet from $121.00 to $124.00 and gave the company an “outperform” rating in a research note on Thursday, September 3rd. Wells Fargo & Company set a $98.00 price target on shares of Ollie’s Bargain Outlet in a research report on Thursday, September 3rd. Piper Sandler set a $98.00 price objective on shares of Ollie’s Bargain Outlet in a report on Thursday, September 3rd. KeyCorp reissued an “overweight” rating on shares of Ollie’s Bargain Outlet in a report on Thursday, September 3rd. Finally, Loop Capital restated a “buy” rating and issued a $135.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Thursday, June 4th. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $102.43.

Get Our Latest Analysis on Ollie’s Bargain Outlet

(Free Report)

Ollie’s Bargain Outlet Holdings, Inc operates a chain of value-oriented retail stores under the Ollie’s Bargain Outlet name. The company purchases closeout, excess, overstock, discontinued and salvage merchandise from manufacturers, distributors and other retailers, allowing it to offer products at discounted prices.

Its merchandise assortment typically includes housewares, food, hardware, toys, seasonal goods, apparel, health and personal-care products, books, flooring and other home-related items.

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Walk into a store where the shelves are packed with everything from name-brand shampoo to closeout garden tools and deeply discounted yard games, and you are likely standing in the center of a treasure hunt. Ollie's Bargain Outlet Holdings (OLLI +2.28%) built its business on this concept, sourcing excess inventory from major retailers and passing the savings to customers at its warehouse-style locations. As of Sept. 11, 2026, the stock trades at $72.43, marking a 45% decline over the past year despite a business model that tends to thrive when consumers tighten their belts.

Our proprietary Hidden Gems scoring system assigns Ollie's Bargain Outlet Holdings an overall Superscore of 78 out of 100, placing it in the Strong category. The Superscore is an AI-powered score that evaluates a company's overall strength by combining financial performance, product market position, technological capabilities, leadership quality, and relative valuation. It represents the unification of all our scores into a single score for public companies, with five rating bands: Exceptional (90-100), Strong (75-89), Above Average (60-74), Average (40-59), and Cautious (0-39). A 78 places the company in the Top ~14% of every company we score. This score serves as one data-driven input to help you narrow your search, and the following analysis pairs the reasons for this strength with the constraints that hold it back, so you can decide whether it warrants further research.

Why OLLI Has a 78 SuperscoreAccelerated unit growth: Management successfully opened 86 new stores in the most recent fiscal year, leveraging bankruptcy-acquired leases to expand its footprint to 686 locations across 36 states.Loyalty program leverage: The Ollie's Army membership base reached 18.1 million members as of Q2 fiscal 2026, and these frequent shoppers account for more than 80% of net sales, providing a consistent traffic floor.Operational efficiency: The company reported a gross margin of 43.5% in Q2 fiscal 2026, benefiting from tariff refunds, which management is reinvesting in competitive pricing to drive volume.Disciplined capital allocation: With a debt-free balance sheet, the company uses internally generated cash flow to fund its entire expansion roadmap and return capital to shareholders through repurchases.Scalable inventory model: Long-standing relationships with hundreds of major manufacturers enable the company to reliably source bargain-priced goods, sustaining its "Good Stuff Cheap" value proposition across economic cycles.Why Is OLLI's Superscore Not Higher?Valuation pressure: The stock trades at a trailing P/E of 16.4, a multiple that leaves little margin for error if aggressive growth targets are missed or comparable store sales soften.Sales volatility: Comparable store sales declined 1.8% in Q2 fiscal 2026, indicating that even a value-focused retailer is not immune to shifts in consumer spending and weather-related traffic impacts.Macroeconomic dependency: Because the company relies heavily on opportunistic closeout buying, its long-term cost structure remains vulnerable to sudden changes in international trade policies and global supply chain disruptions.Limited digital moat: The company lacks unique, non-replicable data assets and relies on a traditional physical retail model, which provides no strategic presence in the evolving AI-driven retail landscape.The company maintains a highly capital-efficient model, ranking in the top half of all companies we track for returns on net tangible assets. Because it earns outsize profits on a relatively small base of physical stores and inventory, every incremental point of revenue growth generates significant value, a characteristic that often leads investors to assign the stock a higher valuation multiple despite the inherent risks of retail.

Table 1: Hidden Gems Database Scores for Ollie's Bargain Outlet Holdings (OLLI)ScoreScore (out of 100)RankSupporting Data PointProduct (1Y)86Top ~9%The company successfully opened 86 new stores in the last fiscal year and maintains a loyalty program representing over 80% of sales.Product (5Y)72Top ~26%The company grew from roughly 400 stores to 645 units while navigating post-pandemic supply chain headwinds.Financial (1Y)87Top ~5%Operating cash flow increased 30% in fiscal 2025, supported by a debt-free capital structure and a net profit margin of 9%.Financial (5Y)75Top ~14%Revenue grew from $1.8 billion to $2.6 billion over five years with disciplined inventory turnover near 2.5x.Leaders68Top ~49%Management demonstrates transparency in guidance and maintains strong governance protocols, though insider ownership is minimal.AI18Bottom ~10%The firm relies on traditional brick-and-mortar retail practices with no meaningful strategic advantage derived from data or machine learning.Valuation Risk71Top ~18%The stock trades at a trailing P/E of 16.4, reflecting its current market price relative to earnings.Is OLLI Right For Your Portfolio?This stock warrants a closer look if...

You want exposure to consumer staples stocks that benefit from a "treasure hunt" value model during uncertain economic times.You value companies with a debt-free balance sheet that fund store-level expansion entirely through internal cash flow.You may want to keep researching before buying if...

You are concerned about the impact of tariff changes and trade policy on the company's ability to source discounted inventory.You prefer companies with a clear competitive advantage in digital transformation or proprietary technological capabilities.The Superscore provides one data-driven signal to help you evaluate Ollie's, but it is not a substitute for your own research into the company's competitive position, growth trajectory, and your personal risk tolerance.

My 5-year prediction for OLLI stockOLLI stock is down 44% over the last year as the company has seen same-store sales (SSS) growth slow and turn negative in the last quarter. I think a lot of the market's disappoint in the stock is largely due to the fact that this was "supposed to be" the exact time when Ollie's should shine operationally. With consumers reining in their spending, Ollie's "get good stuff cheap" mantra was supposed to thrive in harder macroeconomic times -- but results have been underwhelming. These disappointing results -- paired with Ollie's previously perilous P/E ratio of 40 in 2025 -- combined to fuel last year's sell-off.

However, I don't think this is an investment-thesis-breaking situation. Sure, SSS turned negative, but this was against comps of 5% growth last year. Furthermore, while Ollie's certainly does focus on cheap and value items, it also generates a lot of its sales from "treasure hunt" items, which may still be greatly discounted but are not essential items at a time when consumers are stretched.

One way I like to think of Ollie's is it's like Aldi's "Aisle of Shame" (for frugality), except it's a whole store of that aisle (and, in fact, a 686-store chain). If I have an extra $50 or $100 to spend, that aisle rocks. If I don't, I'm getting the essentials I came for and getting out of there. I think that's the fight Ollie's is currently facing.

Ultimately, Ollie's is growing its store count above 10% annually (using its own cash flows), has a debt-free balance sheet, fills a unique niche in the retail market, and now trades at a decade-low P/E ratio of 16.4. I think the bearish sentiment toward the stock is overdone at this point -- considering the company has grown sales by 14% annually over the last decade -- so I like OLLI stock to outperform over the next five years. That said, it may take a few quarters for a sales turnaround to occur, so investors shouldn't feel rushed to buy the stock on the dip if they'd rather see some improvement first.

The Hidden Gems Superscore reflects The Motley Fool's proprietary AI-driven evaluation of a company across product, financial, leadership, and valuation pillars as of the article date and may change over time. Performance figures are point-in-time. Past performance does not guarantee future results.

Public Employees Retirement System of Ohio acquired a new position in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,959 shares of the company’s stock, valued at approximately $1,381,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Corient Private Wealth LP bought a new position in Ollie’s Bargain Outlet in the second quarter valued at about $477,000. Bank of America Corp DE bought a new stake in shares of Ollie’s Bargain Outlet during the second quarter worth about $22,758,000. Man Group plc bought a new stake in shares of Ollie’s Bargain Outlet during the second quarter worth about $11,739,000. Western Wealth Management LLC acquired a new position in shares of Ollie’s Bargain Outlet in the second quarter valued at approximately $301,000. Finally, Polar Asset Management Partners Inc. acquired a new position in shares of Ollie’s Bargain Outlet in the second quarter valued at approximately $10,102,000.

Ollie’s Bargain Outlet Price Performance Shares of OLLI opened at $76.57 on Tuesday. The business has a 50-day moving average of $72.45 and a 200-day moving average of $83.68. The company has a market capitalization of $4.55 billion, a price-to-earnings ratio of 17.09, a price-to-earnings-growth ratio of 1.27 and a beta of 0.50. Ollie’s Bargain Outlet Holdings, Inc. has a 1 year low of $60.29 and a 1 year high of $139.21.

Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last announced its earnings results on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.12 by $0.30. The business had revenue of $741.31 million for the quarter, compared to analysts’ expectations of $747.71 million. Ollie’s Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%.The firm’s revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.99 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. As a group, sell-side analysts anticipate that Ollie’s Bargain Outlet Holdings, Inc. will post 4.61 EPS for the current year. Wall Street Analysts Forecast Growth Several equities research analysts recently commented on OLLI shares. Truist Financial lifted their target price on shares of Ollie’s Bargain Outlet from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday. Wells Fargo & Company set a $98.00 price target on shares of Ollie’s Bargain Outlet in a research report on Thursday. JPMorgan Chase & Co. raised their price target on shares of Ollie’s Bargain Outlet from $70.00 to $73.00 and gave the company a “neutral” rating in a research note on Tuesday, August 18th. Citigroup cut their price target on shares of Ollie’s Bargain Outlet from $100.00 to $98.00 and set a “buy” rating on the stock in a report on Friday. Finally, Gordon Haskett reissued an “accumulate” rating and issued a $90.00 price objective (down from $100.00) on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Thirteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $102.43.

Check Out Our Latest Stock Analysis on OLLI

Ollie’s Bargain Outlet Company Profile (Free Report)

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.

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B. Metzler seel. Sohn & Co. AG lifted its position in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Free Report) by 79.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,862 shares of the company’s stock after purchasing an additional 26,443 shares during the quarter. B. Metzler seel. Sohn & Co. AG owned 0.10% of Ollie’s Bargain Outlet worth $4,602,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP raised its stake in Ollie’s Bargain Outlet by 301.8% during the 3rd quarter. Allworth Financial LP now owns 221 shares of the company’s stock worth $28,000 after buying an additional 166 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Ollie’s Bargain Outlet by 49.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock worth $31,000 after acquiring an additional 92 shares in the last quarter. CENTRAL TRUST Co raised its position in shares of Ollie’s Bargain Outlet by 131.6% during the first quarter. CENTRAL TRUST Co now owns 477 shares of the company’s stock worth $44,000 after purchasing an additional 271 shares during the period. Root Financial Partners LLC raised its position in shares of Ollie’s Bargain Outlet by 190.5% during the first quarter. Root Financial Partners LLC now owns 488 shares of the company’s stock worth $45,000 after purchasing an additional 320 shares during the period. Finally, Quarry LP bought a new position in shares of Ollie’s Bargain Outlet during the 3rd quarter valued at about $55,000.

Ollie’s Bargain Outlet News Roundup Here are the key news stories impacting Ollie’s Bargain Outlet this week:

Positive Sentiment: Second-quarter adjusted EPS was $1.42, well above the $1.12-$1.14 consensus and up from $0.99 a year earlier. Revenue increased 9.1% year over year to $741.3 million. Ollie’s Second-Quarter Fiscal 2026 Results Positive Sentiment: Ollie’s raised its fiscal 2026 adjusted EPS outlook to $4.57-$4.65, above the roughly $4.52 consensus, as tariff refunds helped lift margins and earnings. OLLI Q2 Earnings Beat Estimates on Tariff Refunds Positive Sentiment: Royal Bank of Canada raised its price target to $124 and rated the stock “outperform.” Jefferies also maintained a “buy” rating, while Goldman Sachs, Piper Sandler and Wells Fargo retained positive ratings with targets ranging from $90 to $100. Positive Sentiment: The company opened 15 stores during the quarter, is targeting 75 new locations for fiscal 2026 and reported 12.7% growth in its Ollie’s Army loyalty program, supporting longer-term expansion. Neutral Sentiment: Analyst opinion remains constructive but more cautious: Goldman Sachs, Piper Sandler and Morgan Stanley lowered their price targets, although the revised targets still imply substantial upside. Morgan Stanley moved to an “equal weight” rating. Negative Sentiment: Revenue fell short of expectations, comparable-store sales declined 1.8%, and management’s fiscal 2026 sales outlook of approximately $2.928-$2.941 billion is below the roughly $3.0 billion consensus. Ollie’s Raises Earnings Outlook Despite Sluggish Sales Negative Sentiment: Ollie’s plans to invest $15 million in lower prices, which could pressure near-term margins even as it seeks to improve customer traffic and remain competitive. Ollie’s to Invest $15 Million in Lower Prices Analysts Set New Price Targets Several equities analysts recently issued reports on OLLI shares. Morgan Stanley decreased their price objective on Ollie’s Bargain Outlet from $108.00 to $98.00 and set an “equal weight” rating for the company in a research report on Thursday. Weiss Ratings lowered shares of Ollie’s Bargain Outlet from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 16th. Citigroup reduced their price target on shares of Ollie’s Bargain Outlet from $111.00 to $100.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. Royal Bank Of Canada increased their price objective on shares of Ollie’s Bargain Outlet from $121.00 to $124.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, The Goldman Sachs Group dropped their price objective on shares of Ollie’s Bargain Outlet from $112.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Ollie’s Bargain Outlet currently has an average rating of “Moderate Buy” and an average target price of $102.57. Get Our Latest Stock Analysis on OLLI

Ollie’s Bargain Outlet Stock Performance NASDAQ:OLLI opened at $73.69 on Friday. The company has a market cap of $4.45 billion, a PE ratio of 16.45, a PEG ratio of 1.28 and a beta of 0.50. Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $60.29 and a 52-week high of $139.21. The stock has a 50-day simple moving average of $72.28 and a 200 day simple moving average of $84.19.

Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last released its earnings results on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.12 by $0.30. Ollie’s Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%.The firm had revenue of $741.31 million for the quarter, compared to analysts’ expectations of $747.71 million. During the same quarter in the previous year, the business posted $0.99 EPS. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. On average, research analysts predict that Ollie’s Bargain Outlet Holdings, Inc. will post 4.53 earnings per share for the current fiscal year.

(Free Report)

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.

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Ollie’s Bargain Outlet Holdings Inc (NASDAQ:OLLI) on Wednesday reported better-than-expected second-quarter adjusted EPS results and raised its FY2026 adjusted EPS guidance.

The company posted adjusted EPS of $1.42, beating market estimates of $1.14. The company’s sales came in at $741.305 million, missing expectations of $752.852 million.

Ollie’s now expects fiscal 2026 adjusted earnings of $4.57 to $4.65 per share. Its prior forecast called for $4.45 to $4.55 per share. The analyst estimate stands at $4.47 per share. However, Ollie’s lowered its sales forecast to between $2.928 billion and $2.941 billion. The company previously expected sales of $2.98 billion to $3 billion. Analysts expect $2.983 billion.

The retailer now projects comparable-store sales growth of zero to 0.5%, down from about 2% previously. It still plans to open 75 stores during the fiscal year ending Jan. 30, 2027.

“We delivered strong earnings growth in the second quarter and continued to execute against our key strategic initiatives,” said Eric van der Valk, President and Chief Executive Officer.

Trending

Ollie’s Bargain Outlet shares fell 4.1% to trade at $70.82 on Thursday.

These analysts made changes to their price targets on Ollie’s Bargain Outlet following earnings announcement.

Wells Fargo analyst Edward Kelly maintained the stock with an Overweight rating and lowered the price target from $100 to $90. RBC Capital analyst Steven Shemesh maintained the stock with an Outperform rating and raised the price target from $121 to $124. Considering buying OLLI stock? Here’s what analysts think:

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Ollie's Bargain Outlet Holdings, Inc. (OLLI) Q2 2027 Earnings Call September 2, 2026 8:30 AM EDT

Company Participants

John Rouleau - Managing Director of Corporate Communications & Business Development
Eric van der Valk - President, CEO & Director
Robert Helm - Executive VP & CFO

Conference Call Participants

Bradley Thomas - KeyBanc Capital Markets Inc., Research Division
Steven Shemesh - RBC Capital Markets, Research Division
Randal Konik - Jefferies LLC, Research Division
Jeremy Hamblin - Craig-Hallum Capital Group LLC, Research Division
Steven Zaccone - Citigroup Inc., Research Division
Edward Kelly - Wells Fargo Securities, LLC, Research Division
Matthew Boss - JPMorgan Chase & Co, Research Division
Anthony Chukumba - Loop Capital Markets LLC, Research Division
Sarah Morin - Piper Sandler & Co., Research Division
Scot Ciccarelli
Simeon Gutman - Morgan Stanley, Research Division
Charles Grom - Gordon Haskett Research Advisors
Mary Sport - BofA Securities, Research Division
Matthew Rothway - UBS Investment Bank, Research Division

Presentation

Operator

Good morning, and welcome to Ollie's Bargain Outlet's conference call to discuss financial results for the second quarter of fiscal year 2026. Please be advised that this call is being recorded and the reproduction of this call in whole or in part is not permitted without the express written authorization of Ollie's. I would now like to introduce our host for today's call, John Rouleau, Managing Director of Corporate Communications and Business Development for Ollie's. John, please go ahead.

John Rouleau
Managing Director of Corporate Communications & Business Development

Thank you, Carmen. Good morning, everybody. We appreciate your time and participation. Joining me on today's call from Ollie's are Eric van der Valk, President and Chief Executive Officer; and Robert Helm, Executive Vice President and Chief Financial Officer. Following their prepared remarks, we will open the call for your questions. [Operator Instructions] Finally, let me remind you that certain comments made on today's call may constitute forward-looking statements, and these are made pursuant to and within the meaning of the

For the quarter ended July 2026, Ollie's Bargain Outlet (OLLI - Free Report) reported revenue of $741.31 million, up 9.1% over the same period last year. EPS came in at $1.42, compared to $0.99 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $752.92 million, representing a surprise of -1.54%. The company delivered an EPS surprise of +24.56%, with the consensus EPS estimate being $1.14.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Ollie's Bargain Outlet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Store openings: 15 compared to the 15 average estimate based on three analysts.Number of stores - end of period: 686 versus the three-analyst average estimate of 687.Comparable store sales change: -1.8% versus 0.3% estimated by three analysts on average.Number of stores - beginning of period: 672 versus the three-analyst average estimate of 672.View all Key Company Metrics for Ollie's Bargain Outlet here>>>

Shares of Ollie's Bargain Outlet have returned -6.2% over the past month versus the Zacks S&P 500 composite's +2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Net Sales Increased 9.1%

Opened 15 New Stores and Grew Ollie’s Army 12.7%

Updating Outlook for Fiscal 2026

HARRISBURG, Pa., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced financial results for the second quarter ended August 1, 2026.

“We delivered strong earnings growth in the second quarter and continued to execute against our key strategic initiatives,” said Eric van der Valk, President and Chief Executive Officer. “Comparable store sales declined 1.8% against a challenging multi-year stack. We believe our sales results were negatively impacted by the combination of less favorable weather, continued economic pressure on the consumer, and an elevated promotional environment, which all led to a more challenging backdrop than we originally expected.”

Mr. van der Valk continued, “Consumers continue to seek value and many of the same pressures affecting our customers are creating buying opportunities across the closeout market. We continue to see strong deal flow and remain committed to reinvesting in price and strengthening our competitive position. With a flexible business model, deep vendor relationships, growing scale, and a talented team, we believe Ollie's is well positioned to deliver long-term profitable growth through any retail environment.”

       Thirteen weeks ended  August 1, August 2,Dollars in thousands, except per share data 2026
 2025
Net sales $741,305  $679,556 Yr/yr change  9.1%   17.5% Comparable store sales change(1)  (1.8%)  5.0% Net income $85,454  $61,310 Net income per diluted share $1.42  $0.99 Adjusted net income per diluted share $1.42  $0.99 Yr/yr change  43.4%   26.9% Adjusted EBITDA $127,095  $93,786 % of net sales  17.1%   13.8% Store openings(2)  15   29 Store growth, yr/yr change  11.9%   16.8%      (1)Calculated based on the comparable number of weeks from the prior year.    (2)Gross number that does not include any store closures in the period.          Second Quarter 2026 Highlights and Year-Over-Year Comparisons

Opened 15 new stores and closed one store related to storm damage, ending the quarter with 686 stores in 36 states, an increase of 11.9%.Ollie’s Army loyalty members increased 12.7% to 18.1 million members.Net sales increased 9.1% to $741.3 million, driven by new store unit growth.Comparable store sales decreased 1.8%, against a 5.0% increase in last year’s second quarter, with this year’s decrease driven by a decrease in average basket size.Gross margin increased 360 basis points to 43.5%. The increase was driven by lower supply chain costs, primarily from IEEPA tariff refunds and lower tariff rates. IEEPA tariff refunds benefited gross margin by 380 basis points in this year’s second quarter.Selling, general, and administrative (“SG&A”) expenses as a percentage of net sales increased 80 basis points to 26.6%, with the increase primarily driven by the deleverage of fixed costs from the decline in comparable store sales and higher marketing expenses primarily from one additional merchandise flyer in the second quarter.Pre-opening expenses decreased 42.0% to $5.2 million, driven primarily by a lower number of new store openings and lower dark rent expense.Adjusted net income increased 40.3% to $85.4 million and adjusted net income per diluted share increased 43.4% to $1.42.Total cash and investments increased $46.8 million, to $507.1 million. This included cash and cash equivalents of $120.8 million, short-term investments of $66.7 million, and long-term investments of $319.6 million.The Company invested $84.0 million of cash to repurchase 1.107 million shares of its common stock in the second quarter. In the first half of the year, the Company repurchased $137.3 million, or 1.6 million shares, of its common stock. At the end of the second quarter, $121.5 million remained available for future share repurchases under the current share repurchase authorization. Outlook   

The Company is updating its financial outlook figures for the fiscal year 2026 ending January 30, 2027. The Company is updating its net sales outlook to better align with recent sales trends and the current environment for the balance of the fiscal year. In addition, the Company’s current outlook now includes IEEPA tariff refunds of $28.3 million received in the second quarter, of which the Company intends to reinvest in pricing actions to further strengthen its competitive position. A table comparing the current outlook metrics to the previous outlook metrics is below.

 Current PreviousNew store openings(1)75 75Net sales$2.928 to $2.941 billion $2.980 to $3.000 billionComparable store sales growth0% to 0.5% ~2%Gross margin~41.3% ~40.7%Operating income$345 to $350 million $340 to $348 millionAdjusted net income(2)(3)$275 to $279 million $271 to $277 millionAdjusted net income per diluted share(2)(3)$4.57 to $4.65 $4.45 to $4.55Annual effective tax rate(3)~25% ~25%Diluted weighted average shares outstanding~60.0 million ~60.9 millionCapital expenditures$103 to $113 million $103 to $113 millionShare repurchases~$175 million ~$125 million    (1)New store openings is a gross number that does not include two store closures related to storm damage.
(2)Includes interest income of approximately $22 million.
(3)Excludes the excess tax benefits related to stock-based compensation, as the Company cannot predict such estimates without unreasonable effort.     Conference Call Information

A conference call to discuss second quarter 2026 financial results is scheduled for today, September 2, 2026, at 8:30 a.m. Eastern Time. To access the live conference call, please preregister here. Registrants will receive a confirmation with dial-in instructions. Interested parties can also listen to a live webcast or replay of the conference call by logging on to the Investor Relations section on the Company’s website at https://investors.ollies.com. A replay of the conference call webcast will be available on the investor relations website for one year.

About Ollie’s

Ollie’s is a leading off-price retailer of brand-name household products. Since our founding in 1982, our mission has been to sell Good Stuff Cheap®. We do this through a flexible buying model that focuses on closeout merchandise and excess inventory from suppliers and manufacturers around the world. Our stores offer Real Brands! Real Bargains! ® in a treasure hunt environment at prices up to 70% below traditional retailers. As of August 1, 2026, we operated 686 stores in 36 states and growing! For more information, visit www.ollies.com.

Non-GAAP Reconciliation

The Company’s results are reported in this press release on a GAAP and as adjusted, non-GAAP basis. Adjusted net income (loss), Adjusted net income (loss) per diluted share, EBITDA, and Adjusted EBITDA are non-GAAP measures, and are not intended to replace GAAP financial information, and may be different from non-GAAP measures reported by other companies. The Company believes the income and expense items excluded as non-GAAP adjustments are not reflective of the performance of its core business, and that providing this supplemental disclosure to investors will facilitate comparisons of the past and present performance of its core business.

Please refer to the “Reconciliation of GAAP to Non-GAAP Financial Measures” table included in this press release, which sets forth the non-GAAP operating adjustments for the 13-week and 26-week periods ended August 1, 2026 and August 2, 2025.

Forward-Looking Statements

This press release contains certain forward-looking statements, which includes but is not limited to statements regarding industry trends, value creation, customer trends, new stores, distribution centers, and various financial outlook figures, including new store openings, net sales, comparable store sales, gross margin, SG&A, operating income, net income, adjusted net income, adjusted net income per diluted share, effective tax rate, diluted weighted average shares outstanding and capital expenditures. All forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. Forward-looking statements are usually identified by or are associated with such words as “could”, “may”, “might”, “will,” “likely”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, “expects”, “continues”, “projects”, “forecasts”, and similar terminology. Actual results could vary materially from the expectations reflected in these statements. As with any business, all phases of our operations are subject to factors outside of our control. These factors include, without limitation, the impact of the recent tariff announcements and the corresponding macroeconomic pressures and those factors discussed in the “Risk Factors” section of the Company’s Annual Reports or Form 10-K and other filings with the Securities and Exchange Commission. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.

Investor Contact

John Rouleau
Managing Director, Corporate Communication & Business Development
[email protected]

Media Contact

Tom Kuypers
Senior Vice President, Marketing
[email protected]

 Ollie’s Bargain Outlet Holdings, Inc.
Condensed Consolidated Statements of Income (unaudited)
(In thousands except for per share amounts)
       Thirteen weeks ended Twenty-six weeks ended  August 1, August 2, August 1, August 2,  2026
 2025
 2026
 2025
Net sales $741,305  $679,556  $1,400,233  $1,256,323 Cost of sales  419,140   408,218   802,104   747,954 Gross profit  322,165   271,338   598,129   508,369 Selling, general and administrative expenses  197,213   175,476   385,895   340,308 Depreciation and amortization expenses  11,274   9,916   22,557   19,273 Pre-opening expenses  5,203   8,972   11,645   15,628 Operating income  108,475   76,974   178,032   133,160 Interest income, net  (6,142)  (4,534)  (11,108)  (9,322)Income before income taxes  114,617   81,508   189,140   142,482 Income tax expense  29,163   20,198   47,286   33,612 Net income $85,454  $61,310  $141,854  $108,870 Earnings per common share:        Basic $1.42  $1.00  $2.35  $1.77 Diluted $1.42  $0.99  $2.34  $1.76 Weighted average common shares outstanding:        Basic  60,097   61,340   60,490   61,342 Diluted  60,236   61,796   60,713   61,806          Percentage of net sales:        Net sales  100.0%  100.0%  100.0%  100.0%Cost of sales  56.5   60.1   57.3   59.5 Gross profit  43.5   39.9   42.7   40.5 Selling, general and administrative expenses  26.6   25.8   27.6   27.1 Depreciation and amortization expenses  1.5   1.5   1.6   1.5 Pre-opening expenses  0.7   1.3   0.8   1.2 Operating income  14.6   11.3   12.7   10.6 Interest income, net  (0.8)  (0.7)  (0.8)  (0.7)Income before income taxes  15.5   12.0   13.5   11.3 Income tax expense  3.9   3.0   3.4   2.7 Net income  11.5%  9.0%  10.1%  8.7%         Components may not add to totals due to rounding.                   Ollie’s Bargain Outlet Holdings, Inc.
Condensed Consolidated Balance Sheets (unaudited)
(In thousands)       August 1, August 2,Assets 2026
 2025
Current assets:    Cash and cash equivalents $120,765  $231,163 Short-term investments  66,737   85,893 Inventories  704,433   637,236 Accounts receivable  7,801   1,810 Prepaid expenses and other current assets  17,187   11,716 Total current assets  916,923   967,818 Property and equipment, net  419,234   360,836 Operating lease right-of-use assets  694,113   652,341 Goodwill  444,850   444,850 Trade name  230,559   230,559 Long-term investments  319,592   143,206 Other assets  2,325   2,242 Total assets $3,027,596  $2,801,852 Liabilities and Stockholders’ Equity    Current liabilities:    Current portion of long-term debt $809  $518 Accounts payable  190,207   165,629 Income taxes payable  5,755   129 Current portion of operating lease liabilities  99,157   103,122 Accrued expenses and other current liabilities  115,656   98,968 Total current liabilities  411,584   368,366 Long-term debt  1,420   912 Deferred income taxes  94,733   85,640 Long-term portion of operating lease liabilities  624,260   561,024 Total liabilities  1,131,997   1,015,942 Stockholders’ equity:    Common stock  68   68 Additional paid-in capital  764,299   745,636 Retained earnings  1,750,163   1,476,583 Treasury - common stock  (618,931)  (436,377)Total stockholders’ equity  1,895,599   1,785,910 Total liabilities and stockholders’ equity $3,027,596  $2,801,852        Ollie’s Bargain Outlet Holdings, Inc.
Condensed Consolidated Statements of Cash Flows (unaudited)
(In thousands)       Thirteen weeks ended Twenty-six weeks ended  August 1, August 2, August 1, August 2,  2026
 2025
 2026
 2025
Net cash provided by operating activities $108,124  $80,712  $153,625  $109,414 Net cash used in investing activities  (101,095)  (39,744)  (150,656)  (58,010)Net cash used in financing activities  (83,937)  (8,823)  (141,884)  (25,364)Net increase (decrease) in cash and cash equivalents  (76,908)  32,145   (138,915)  26,040 Cash and cash equivalents, beginning of the period  197,673   199,018   259,680   205,123 Cash and cash equivalents, end of the period $120,765  $231,163  $120,765  $231,163            Ollie’s Bargain Outlet Holdings, Inc.
Reconciliation of GAAP to Non-GAAP Financial Measures (unaudited)
(In thousands except for per share amounts)           Thirteen weeks ended Twenty-six weeks ended  August 1, August 2, August 1, August 2,  2026
 2025
 2026
 2025
Net income $85,454  $61,310  $141,854  $108,870 Excess tax benefits related to stock-based compensation(1)  (7)  (425)  (501)  (1,912)Adjusted net income $85,447  $60,885  $141,353  $106,958          Net income per diluted share $1.42  $0.99  $2.34  $1.76 Adjustments as noted above, per dilutive share:        Excess tax benefits related to stock-based compensation(1)  (0.00)  (0.01)  (0.01)  (0.03)Adjusted net income per diluted share $1.42  $0.99  $2.33  $1.73          Diluted weighted-average common shares outstanding  60,236   61,796   60,713   61,806          Net income $85,454  $61,310  $141,854  $108,870 Interest income, net  (6,142)  (4,534)  (11,108)  (9,322)Depreciation and amortization expenses  14,892   13,452   29,826   26,261 Income tax expense  29,163   20,198   47,286   33,612 EBITDA  123,367   90,426   207,858   159,421 Non-cash stock-based compensation expense  3,728   3,360   7,129   6,524 Adjusted EBITDA $127,095  $93,786  $214,987  $165,945                   Components may not add to totals due to rounding.        (1)Amount represents the impact from the recognition of excess tax benefits pursuant to Accounting Standards Update 2016-09, Stock Compensation   Ollie’s Bargain Outlet Holdings, Inc.
Key Statistics (unaudited)
(Dollars in thousands)       Thirteen weeks ended  August 1, August 2,  2026
 2025
Number of stores - beginning of period  672   584 Store openings  15   29 Store closings(1)  (1)  - Number of stores - end of period  686   613 Yr/yr store growth  11.9%   16.8% Comparable stores sales change  (1.8)%   5.0% Comparable store count – end of period  575   510 Total cash and investments(2) $507,094  $460,262 Capital expenditures $43,309  $26,416 Share repurchases $83,964  $11,516      (1)Due to storm-related damage.
(2)Includes cash and cash equivalents, short-term investments, and long-term investments.
     

Key Takeaways Ollie's Bargain is expected to post Q2 revenue growth of 11.5% and earnings growth of 15.2%.A strong closeout pipeline, new stores and loyalty events likely supported sales and customer acquisition.Cautious discretionary spending, household budget pressure and higher fuel costs may have weighed on traffic. With Ollie's Bargain Outlet Holdings, Inc. (OLLI - Free Report) set to announce its second-quarter fiscal 2026 earnings results on Sept. 2, before the market opens, investors face a critical question: Can OLLI continue its streak of surprising results, or will challenges temper growth?

The Zacks Consensus Estimate for second-quarter revenues is pegged at $757.9 million, implying an 11.5% increase from the year-ago reported figure. Meanwhile, the consensus estimate for earnings has declined by a penny over the past 30 days to $1.14 per share. Nevertheless, the estimate indicates year-over-year earnings growth of 15.2%.

Ollie's Bargain has a trailing four-quarter earnings surprise of 4.9%, on average. In the last reported quarter, this Harrisburg, PA-based company surpassed the Zacks Consensus Estimate by 4.6%.

Image Source: Zacks Investment Research

What the Zacks Model Indicates for OLLI’s Q2 EarningsAs investors prepare for Ollie's Bargain’s second-quarter results, the question looms regarding an earnings beat or miss. Our proven model does not conclusively predict an earnings beat for Ollie's Bargain this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here. You can see the complete list of today’s Zacks #1 Rank stocks here.

Ollie's Bargain has a Zacks Rank #4 (Sell) and an Earnings ESP of -0.29%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Factors Likely to Have Shaped Ollie's Bargain’s Q2 OutcomeOllie’s Bargain’s second-quarter performance is likely to have benefited from the continued strength of its closeout buying model and an increasingly value-conscious environment. Management entered the quarter with a strong pipeline of merchandise deals, supported by retail industry consolidation and fewer competing buyers for large closeout opportunities. The company also indicated that both the quality and availability of deals remained favorable. This environment should have helped OLLI offer compelling branded merchandise at attractive price points.

Building on that value proposition, OLLI’s store expansion and customer-engagement initiatives are also likely to have supported sales. New store growth remained a key priority, while management expressed confidence in its real estate pipeline and continued expansion strategy. At the same time, the company entered the quarter with strong momentum in its Ollie’s Army loyalty program and planned several customer-focused events, including Ollie’s Army Night and Ollie’s Days. An additional flyer event was also moved into the second quarter to capture back-to-school demand. Together, these initiatives are likely to have helped drive customer acquisition.

OLLI continued to optimize its merchandise mix by allocating space toward more productive categories and reducing exposure to structurally weaker areas. Management also highlighted ongoing efforts to improve supply-chain productivity, including technology upgrades across its distribution network and capacity investments. Better closeout buying, supply-chain efficiencies and lower shrink were cited as margin-supportive factors, giving the company room to invest in price.

However, the quarter was not without headwinds. Cautious discretionary spending, pressure on household budgets and elevated fuel costs may have weighed on customer traffic and shopping frequency. The second quarter also lacked the potential support from higher tax refunds.

OLLI Stock Price PerformanceOllie's Bargain, which competes with Grocery Outlet Holding Corp. (GO - Free Report) and Dollar Tree, Inc. (DLTR - Free Report) , has seen its share price decline 4.8% over the past three months against the industry’s rise of 6.1%. While shares of Grocery Outlet have rallied 41.1%, Dollar Tree has jumped 15.7% in the aforementioned period.
 

Image Source: Zacks Investment Research

Does OLLI Present a Strong Case for Value Investing?Ollie’s Bargain’s valuation remains attractive relative to the industry. OLLI currently trades at a forward 12-month price-to-sales (P/S) multiple of 1.44, representing a notable discount to the industry average of 2.29. The stock is also trading well below its 12-month median P/S multiple of 2.17, suggesting a relatively inexpensive valuation compared with its recent historical levels. However, OLLI commands a premium to some of its close peers. Grocery Outlet trades at a forward 12-month P/S multiple of 0.25, while Dollar Tree carries a multiple of 1.11. 
 

Image Source: Zacks Investment Research

Final Words on OLLIOllie’s Bargain enters the second-quarter earnings release with a favorable closeout environment, store expansion, loyalty-driven customer engagement, and ongoing merchandising and supply-chain improvements. However, pressure on discretionary spending and elevated fuel costs are concerns, while the current earnings setup does not provide a strong signal for a positive surprise. Although the stock’s discounted valuation offers some support, that alone may not be enough to offset the risks. Given the mixed backdrop and limited visibility into an earnings beat, prospective investors may be better off waiting for greater clarity from the upcoming results, while existing shareholders should remain cautious and closely watch sales trends, consumer behavior and management’s outlook before making fresh investment decisions.

Ollie's Bargain Outlet (OLLI - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended July 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on September 2. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis retailer is expected to post quarterly earnings of $1.14 per share in its upcoming report, which represents a year-over-year change of +15.2%.

Revenues are expected to be $757.86 million, up 11.5% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Ollie's Bargain Outlet?For Ollie's Bargain Outlet, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.29%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Ollie's Bargain Outlet will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Ollie's Bargain Outlet would post earnings of $0.87 per share when it actually produced earnings of $0.91, delivering a surprise of +4.60%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Ollie's Bargain Outlet doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Wall Street analysts expect Ollie's Bargain Outlet (OLLI - Free Report) to post quarterly earnings of $1.14 per share in its upcoming report, which indicates a year-over-year increase of 15.2%. Revenues are expected to be $757.86 million, up 11.5% from the year-ago quarter.

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

With that in mind, let's delve into the average projections of some Ollie's Bargain Outlet metrics that are commonly tracked and projected by analysts on Wall Street.

The average prediction of analysts places 'Store openings' at 15 . Compared to the present estimate, the company reported 29 in the same quarter last year.

It is projected by analysts that the 'Number of stores - end of period' will reach 687 . The estimate is in contrast to the year-ago figure of 613 .

The collective assessment of analysts points to an estimated 'Comparable store sales change' of 0.3%. The estimate compares to the year-ago value of 5.0%.

The consensus among analysts is that 'Number of stores - beginning of period' will reach 672 . Compared to the current estimate, the company reported 584 in the same quarter of the previous year.

View all Key Company Metrics for Ollie's Bargain Outlet here>>>

Shares of Ollie's Bargain Outlet have experienced a change of -1.7% in the past month compared to the +4.3% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), OLLI is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

HARRISBURG, Pa., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that it will report its financial results for the second quarter fiscal 2026 before the market opens on Wednesday, September 2, 2026. Eric van der Valk, President and Chief Executive Officer, and Robert Helm, Executive Vice President and Chief Financial Officer, will host a conference call with the investment community to discuss the financial results and answer questions at 8:30 a.m. Eastern Time on the same day.

Posted by Defense World Staff on Aug 6th, 2026

California State Teachers Retirement System increased its holdings in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Free Report) by 26.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,506 shares of the company’s stock after acquiring an additional 15,298 shares during the quarter. California State Teachers Retirement System owned about 0.12% of Ollie’s Bargain Outlet worth $6,765,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Peregrine Capital Management LLC raised its stake in Ollie’s Bargain Outlet by 21.2% in the 4th quarter. Peregrine Capital Management LLC now owns 120,733 shares of the company’s stock worth $13,234,000 after purchasing an additional 21,138 shares in the last quarter. TimesSquare Capital Management LLC lifted its stake in Ollie’s Bargain Outlet by 42.7% during the fourth quarter. TimesSquare Capital Management LLC now owns 246,235 shares of the company’s stock worth $26,990,000 after purchasing an additional 73,633 shares during the last quarter. Capital World Investors lifted its position in shares of Ollie’s Bargain Outlet by 76.5% during the 4th quarter. Capital World Investors now owns 695,464 shares of the company’s stock worth $76,230,000 after buying an additional 301,332 shares during the last quarter. Stephens Investment Management Group LLC boosted its stake in shares of Ollie’s Bargain Outlet by 32.8% in the 1st quarter. Stephens Investment Management Group LLC now owns 1,126,255 shares of the company’s stock valued at $103,661,000 after purchasing an additional 277,870 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in Ollie’s Bargain Outlet by 80.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 213,047 shares of the company’s stock valued at $23,352,000 after buying an additional 95,011 shares in the last quarter.

Wall Street Analysts Forecast Growth Several research firms have recently issued reports on OLLI. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $70.00 price objective (down from $152.00) on shares of Ollie’s Bargain Outlet in a research note on Wednesday, July 8th. Piper Sandler set a $114.00 target price on shares of Ollie’s Bargain Outlet in a research report on Wednesday, June 3rd. UBS Group set a $80.00 target price on shares of Ollie’s Bargain Outlet in a report on Thursday, July 9th. Weiss Ratings cut shares of Ollie’s Bargain Outlet from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. Finally, The Goldman Sachs Group dropped their price target on shares of Ollie’s Bargain Outlet from $129.00 to $112.00 and set a “buy” rating for the company in a research note on Monday, June 29th. Thirteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Ollie’s Bargain Outlet has a consensus rating of “Moderate Buy” and a consensus target price of $111.07.

Check Out Our Latest Stock Report on Ollie’s Bargain Outlet

Ollie’s Bargain Outlet Stock Performance Shares of OLLI opened at $78.40 on Thursday. The firm has a market cap of $4.74 billion, a PE ratio of 19.36, a price-to-earnings-growth ratio of 1.36 and a beta of 0.46. Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $60.29 and a 52-week high of $141.74. The business’s 50 day moving average price is $73.30 and its two-hundred day moving average price is $89.51.

Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last issued its earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.04. Ollie’s Bargain Outlet had a net margin of 9.13% and a return on equity of 13.43%. The business had revenue of $658.93 million for the quarter, compared to analyst estimates of $661.65 million. During the same period in the prior year, the firm earned $0.75 earnings per share. Ollie’s Bargain Outlet’s revenue was up 14.2% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. Research analysts predict that Ollie’s Bargain Outlet Holdings, Inc. will post 4.45 EPS for the current fiscal year.

Ollie’s Bargain Outlet Company Profile (Free Report)

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.

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California Public Employees Retirement System reduced its stake in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Free Report) by 18.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,691 shares of the company’s stock after selling 22,640 shares during the quarter. California Public Employees Retirement System owned about 0.16% of Ollie’s Bargain Outlet worth $8,991,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of OLLI. Peregrine Capital Management LLC grew its holdings in shares of Ollie’s Bargain Outlet by 21.2% in the fourth quarter. Peregrine Capital Management LLC now owns 120,733 shares of the company’s stock worth $13,234,000 after acquiring an additional 21,138 shares during the period. TimesSquare Capital Management LLC boosted its position in shares of Ollie’s Bargain Outlet by 42.7% in the fourth quarter. TimesSquare Capital Management LLC now owns 246,235 shares of the company’s stock worth $26,990,000 after purchasing an additional 73,633 shares during the period. Capital World Investors increased its stake in shares of Ollie’s Bargain Outlet by 76.5% in the fourth quarter. Capital World Investors now owns 695,464 shares of the company’s stock worth $76,230,000 after purchasing an additional 301,332 shares in the last quarter. Capital Research Global Investors raised its position in shares of Ollie’s Bargain Outlet by 70.2% during the 4th quarter. Capital Research Global Investors now owns 772,837 shares of the company’s stock valued at $84,711,000 after purchasing an additional 318,865 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of Ollie’s Bargain Outlet by 315.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company’s stock valued at $187,117,000 after purchasing an additional 1,296,672 shares during the period.

Wall Street Analysts Forecast Growth Several brokerages recently issued reports on OLLI. Gordon Haskett reissued an “accumulate” rating and set a $90.00 target price (down from $100.00) on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Citigroup lowered their price target on Ollie’s Bargain Outlet from $141.00 to $111.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Morgan Stanley reduced their price target on Ollie’s Bargain Outlet from $120.00 to $108.00 and set an “equal weight” rating on the stock in a report on Thursday, June 4th. The Goldman Sachs Group dropped their price objective on Ollie’s Bargain Outlet from $129.00 to $112.00 and set a “buy” rating for the company in a report on Monday, June 29th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $70.00 price objective (down from $152.00) on shares of Ollie’s Bargain Outlet in a research report on Wednesday, July 8th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $113.13.

Check Out Our Latest Stock Report on OLLI

Ollie’s Bargain Outlet Stock Performance Shares of NASDAQ:OLLI opened at $66.31 on Friday. The firm’s 50 day simple moving average is $74.61 and its 200-day simple moving average is $92.13. Ollie’s Bargain Outlet Holdings, Inc. has a one year low of $60.29 and a one year high of $141.74. The firm has a market cap of $4.01 billion, a PE ratio of 16.37, a price-to-earnings-growth ratio of 1.17 and a beta of 0.47.

Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Ollie’s Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.The firm had revenue of $658.93 million during the quarter, compared to analyst estimates of $661.65 million. During the same quarter in the previous year, the business earned $0.75 earnings per share. Ollie’s Bargain Outlet’s quarterly revenue was up 14.2% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. Equities research analysts predict that Ollie’s Bargain Outlet Holdings, Inc. will post 4.45 EPS for the current fiscal year.

About Ollie’s Bargain Outlet (Free Report)

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.

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A month has gone by since the last earnings report for Ollie's Bargain Outlet (OLLI - Free Report) . Shares have lost about 0.4% in that time frame, outperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Ollie's Bargain Outlet due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

Ollie's Bargain Q1 Earnings Beat, Comps Rise 1.7%, EPS View UpOllie’s Bargain delivered first-quarter fiscal 2026 results, wherein net sales fell short of the Zacks Consensus Estimate, while earnings beat the same. Both top and bottom lines increased year over year, driven by new store growth, positive comparable-store sales, margin expansion and disciplined expense management. Management raised its fiscal 2026 earnings outlook following the stronger-than-expected performance.

The company’s value-focused business model continued to resonate with consumers against an uncertain macroeconomic backdrop. During the quarter, Ollie’s opened 27 new stores and ended the period with 672 stores across 35 states, reflecting 15.1% year-over-year growth. The Ollie’s Army loyalty program expanded 12.6% to 17.5 million members, highlighting continued customer engagement and acquisition.

OLLI’s Performance: Key Metrics & InsightsOllie’s Bargain reported adjusted earnings of 91 cents per share, which surpassed the Zacks Consensus Estimate of 87 cents by 4.6%. The figure increased 21.3% from adjusted earnings of 75 cents reported in the year-ago quarter.
Net sales rose 14.2% year over year to $658.9 million, driven by new store openings and positive comparable-store sales growth. However, revenues narrowly missed the Zacks Consensus Estimate of $666 million.

Comparable-store sales increased 1.7%, supported primarily by higher basket size. Food, general merchandise, hardware, seasonal décor and stationery were among the top-performing categories during the quarter, while weather-sensitive categories such as lawn and garden and summer furniture lagged due to unfavorable weather conditions.

Management noted that sales trends remained positive throughout the quarter, though elevated fuel prices and unseasonable weather affected customer traffic, particularly in southern markets. The company also highlighted continued strength in trade-down behavior among higher-income consumers, reflecting growing demand for value-oriented retail offerings.

What Margins Have to Say About Ollie’s BargainGross profit increased 16.4% to $276 million. Gross margin expanded 80 basis points to 41.9%, benefiting from lower supply-chain costs and a modest improvement in merchandise margins. The result exceeded management’s expectations as lower tariff-related costs and supply-chain efficiencies more than offset higher fuel expenses.

SG&A expenses, as a percentage of net sales, remained flat year over year at 28.6%. Effective cost controls and productivity initiatives helped offset investments in growth and customer acquisition.

Pre-opening expenses declined 3.2% to $6.4 million, primarily due to lower dark-rent expenses associated with previously acquired bankruptcy locations, partially offset by a higher number of new store openings.

Operating income climbed 23.8% to $69.6 million, while operating margin expanded 90 basis points to 10.6%. Adjusted EBITDA rose 21.8% to $87.9 million, with adjusted EBITDA margin increasing 80 basis points to 13.3%.

Ollie’s Bargain’s Financial SnapshotOllie’s Bargain ended the quarter with total cash and investments of $525.6 million, up 26.7% year over year. The company continued to maintain a strong balance sheet with no meaningful long-term debt, providing significant financial flexibility.

Inventory increased 12.3% year over year to $686.9 million, primarily supporting ongoing store expansion initiatives. Capital expenditures totaled $25.5 million during the quarter, with investments directed toward new store openings, existing store improvements and supply-chain infrastructure projects.

The company repurchased approximately $53.4 million of stock during the quarter, buying back 542,486 shares. Management increased its planned fiscal 2026 share repurchases to approximately $125 million from the prior expectation of $100 million, reflecting confidence in the business and cash-flow generation.

Ollie’s continued to advance key initiatives during the quarter. The company reported strong growth in its loyalty program, continued success in category productivity efforts and progress on distribution-center expansion projects in Texas and Illinois, which are expected to increase network capacity to more than 850 stores. Management also cited an improving closeout buying environment, driven by retail industry consolidation and increased availability of attractive merchandise opportunities.

What to Expect From OLLI in Fiscal 2026?Following the first-quarter outperformance, management raised its fiscal 2026 earnings outlook while maintaining its comparable-sales and store-opening expectations.

The company now expects adjusted earnings in the range of $4.45-$4.55 per share, up from the previous outlook of $4.40-$4.50. Net sales are expected in the range of $2.98-$3.0 billion compared with the prior outlook of $2.985-$3.013 billion. Comparable-store sales growth is still anticipated to be approximately 2% for fiscal 2026.

Gross margin is now expected to be approximately 40.7%, up from the prior expectation of 40.5%. Operating income is projected between $340 million and $348 million.

Management reiterated plans to open 75 new stores during fiscal 2026. Capital expenditures are expected in the range of $103-$113 million.

While management acknowledged continued uncertainty surrounding consumer spending, fuel prices and weather-related sales volatility, it expressed confidence in the company’s ability to deliver mid-teens earnings growth through strong execution, favorable availability of closeout merchandise, disciplined cost management, and ongoing investments in value and customer acquisition.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in estimates review.

VGM ScoresAt this time, Ollie's Bargain Outlet has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the top 40% for value investors.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Ollie's Bargain Outlet has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Performance of an Industry PlayerOllie's Bargain Outlet belongs to the Zacks Consumer Products - Staples industry. Another stock from the same industry, BJ's Wholesale Club (BJ - Free Report) , has gained 0.9% over the past month. More than a month has passed since the company reported results for the quarter ended April 2026.

BJ's reported revenues of $5.66 billion in the last reported quarter, representing a year-over-year change of +9.9%. EPS of $1.10 for the same period compares with $1.14 a year ago.

BJ's is expected to post earnings of $1.15 per share for the current quarter, representing a year-over-year change of +0.9%. Over the last 30 days, the Zacks Consensus Estimate has changed -1%.

BJ's has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.

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Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

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Stock to Watch: Ollie's Bargain Outlet (OLLI - Free Report) Headquartered in Harrisburg, PA, Ollie's Bargain Outlet Holdings is a value retailer of brand-name merchandise at drastically reduced prices. The company offers products principally under Ollie’s, Ollie’s Bargain Outlet, Good Stuff Cheap, Ollie’s Army, Real Brands Real Cheap!, Real Brands! Real Bargains!, Sarasota Breeze, Steelton Tools, American Way and Middleton Home. As of May. 2, 2026, the company operated 672 outlets in 35 states. It offers products under the categories, Consumables (31.9% of FY25 Sales), Home (28.3%), Seasonal (19.1%) and Other (20.7%).  Product offerings include; Housewares: cooking utensils, dishes, appliances, plastic containers, cutlery, storage and garbage bags, detergents and cleaning supplies, cookware and glassware, fans and space heaters, candles, frames and giftware.

OLLI is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 16; value investors should take notice.

For fiscal 2027, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.04 to $4.52 per share. OLLI boasts an average earnings surprise of +4.9%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, OLLI should be on investors' short list.

On June 22, 2026, Ollie's Bargain Outlet Holdings Inc OLLI shares fell 4.5% to a current price of $73.42. This decline adds to a challenging year for the company, with the stock down 33.0% year-to-date and 39.7% over the past year. The shares have fluctuated between a 52-week high of $141.74 and a low of $73.26.

GF Value™ verdict: Current price of $73.42 is 38.8% below GF Value™ of $119.88.GF Score™ of 83/100 indicates a strong overall ranking.Notable signal: Insiders sold $1.1M worth of shares in the last 3 months with no buying activity. Is OLLI Overvalued or Undervalued? The current price of Ollie's Bargain Outlet Holdings Inc OLLI at $73.42 is significantly below the estimated GF Value™ of $119.88, indicating that the stock is 38.8% undervalued. This presents a potential opportunity for investors, as the margin of safety appears attractive based on the intrinsic value assessment. The GF Valuation label indicates that OLLI is significantly undervalued, suggesting that the market may have overreacted to recent performance trends.

However, while the undervaluation may present an opportunity, investors must consider the risks associated with potential market volatility and the company's recent performance. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

How Does OLLI's Valuation Compare to Its History? MetricCurrentHistorical P/E (TTM)18.1x30.5x Forward P/E16.3xN/A Currently, OLLI's P/E (TTM) of 18.1x is significantly below its 5-year median P/E of 30.5x, indicating that the stock is trading at a lower valuation compared to its historical averages. The forward P/E of 16.3x also suggests a favorable outlook relative to the past. This P/E analysis aligns with the GF Value™ verdict of being undervalued, reinforcing the notion that the market may not fully recognize the company's potential at this time.

What Does OLLI's GF Score™ Tell Us? MetricRating GF Score™83/100 Financial Strength6/10 Profitability9/10 Growth10/10 Valuation4/10 Momentum2/10 Ollie's GF Score™ of 83/100 reflects a strong overall performance, particularly in the areas of Growth (10/10) and Profitability (9/10). However, the company shows weaknesses in Valuation (4/10) and Momentum (2/10), indicating potential concerns regarding its current price performance and market sentiment. The strong growth and profitability rankings suggest that the company has strong fundamentals, which may not be fully appreciated in the current market conditions.

What Are Insiders Doing with OLLI Stock? In the past three months, insiders have sold a total of $1.1 million worth of OLLI shares, with no reported buying activity during this period. This trend of insider selling could suggest a lack of confidence from those closest to the company regarding its near-term performance outlook. While insider selling does not necessarily indicate a negative outlook for the company, it can be a signal for investors to monitor closely.

What This Means for Investors Based on the GF Value™ assessment, Ollie's Bargain Outlet Holdings Inc OLLI is currently undervalued. This presents an opportunity for potential investors; however, caution is advised due to the recent decline in share price and insider selling activity. The company's strong growth and profitability scores suggest that it may have the fundamentals to recover, but the market's current sentiment remains a critical factor to consider.

For the complete analysis, visit the Ollie's Bargain Outlet Holdings Inc OLLI stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is OLLI's GF Score™?

OLLI's GF Score™ is 83/100, indicating a strong overall ranking based on various fundamental aspects.

Is OLLI overvalued or undervalued?

According to the GF Value™ verdict, OLLI is currently undervalued, with a significant margin compared to its estimated intrinsic value.

What is OLLI's P/E ratio?

OLLI's P/E ratio (TTM) is 18.1x, which is 41% below its 5-year median of 30.5x, indicating it is trading below its historical valuation levels.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Consumers have continued to seek out bargains as higher prices for everyday necessities have strained many household budgets.

Ollie's Bargain Outlet Today

OLLI

Ollie's Bargain Outlet

$76.91 0.00 (0.00%)

As of 06/18/2026 04:00 PM Eastern

52-Week Range$73.32▼

$141.74P/E Ratio18.99

Price Target$125.13

For years, Ollie's Bargain Outlet NASDAQ: OLLI was a big beneficiary of the trend, with shares climbing to an all-time high last summer as investors embraced the discount retailer's value-focused model.

Since then, however, the stock has pulled back sharply. Despite a series of earnings beats and strong stock performance from many of its discount retail peers, investors have remained cautious on Ollie's, raising questions about what it will take for the stock to regain momentum.

Get Ollie's Bargain Outlet alerts:

Ollie's Earnings Beat Again, But Revenue Falls Slightly ShortOllie's most recent earnings report did little to stoke investor enthusiasm for the stock. On June 3, the company reported first-quarter earnings of 91 cents per share, increasing from 75 cents per share in the year-ago period and topping Wall Street expectations by 4 cents. The quarter marked another earnings beat for the company, extending its streak of better-than-expected earnings.

Revenue came in at approximately $659 million, up more than 14% from the prior-year period, but roughly $2.7 million shy of analyst expectations. While Ollie's has continued to deliver year-over-year sales growth, revenue has not consistently exceeded Wall Street expectations.

Comparable-store sales increased 1.7% during the quarter, while gross margin expanded 80 basis points to 41.9%, exceeding the company's expectations. Ollie's continued to expand its footprint, opening 27 new stores during the quarter. The company also repurchased $53 million of stock during the period.

Despite the solid results, the company said it faced headwinds as the quarter progressed, including unseasonable weather that pressured certain merchandise categories and higher fuel prices that impacted traffic.

Ollie's Tweaks Full-Year OutlookThe company also tweaked its full-year guidance, slightly lowering its revenue expectations while raising its earnings forecast.

Ollie's now expects net sales of $2.98 billion to $3.0 billion, compared with its previous outlook of $2.985 billion to $3.013 billion. Adjusted diluted earnings per share are now expected to be between $4.45 to $4.55, compared with the prior forecast of $4.40 to $4.50.

During the earnings call, Chief Financial Officer Robert Helm discussed the updated outlook, saying, "Solid sales growth, strong margins, controlled expenses, and the stepped-up buyback all support earnings growth this year."

He added, however, that consumer sentiment and weather remain factors. "We are cognizant of the state of consumer rights right now. They are prioritizing their spending around their needs and driving a little less if they can," he said, adding, "Weather is still a bit of a lingering factor, and we don't have the benefit of higher tax refunds to offset some of these pressures in the second quarter."

Stock Has Struggled Since Hitting All-Time HighWall Street's initial reaction to the earnings report and updated outlook was muted. The stock rose less than 1% following the release; however, shares have gained roughly 6% since then.

Ollie's Bargain Outlet Holdings, Inc. (OLLI) Price Chart for Friday, June, 19, 2026

The stock had an impressive run between 2022 and 2025, rising from under $40 in March 2022 to an all-time high above $140 in August 2025. By the end of 2025, it was trading around $110 and continued to trend lower. Recently, shares were trading around $85.

Over the past year, the stock has fallen nearly 26%. Shares are down roughly 22% year to date.

Ollie's Stock Is Lagging Other Discount RetailersThe stock's underperformance is also notable given the strong performance of several other value-oriented retailers.

Shares of Ross Stores Inc. NASDAQ: ROST have soared approximately 80% over the past year and more than 30% year to date. Burlington Stores Inc. NYSE: BURL is up roughly 42% over the past 12 months and 16% year to date, while TJX Companies Inc. NYSE: TJX has gained about 35% over the last year and nearly 9% year to date.

One factor that may be working in Ollie's favor following its valuation. The stock currently trades at a price-to-earnings ratio of roughly 21X, well below Ross Stores' multiple of about 33X, Burlington's roughly 35X, and TJX's more than 32X.

Despite Lowered Price Targets, Analysts See Significant UpsideWall Street remains largely bullish on Ollie's. Among the 17 analysts currently covering the company, the consensus rating is Moderate Buy, with 14 Buy ratings and three Hold ratings.

Ollie's Bargain Outlet Stock Forecast Today12-Month Stock Price Forecast:
$125.13
62.70% Upside

Moderate Buy
Based on 17 Analyst Ratings

Current Price$76.91High Forecast$157.00Average Forecast$125.13Low Forecast$87.00Ollie's Bargain Outlet Stock Forecast Details

The average 12-month price target is roughly $125, implying potential upside of more than 40% from recent trading levels. Price targets range from a low of $87 to a high of $157. Several analysts have lowered their targets over the last two months, though most have maintained positive ratings.

While Ollie's continues to grow sales, beat earnings expectations, expand its store base, and generate healthy margins, the steady decline since last summer's peak suggests investors may be taking a wait-and-see approach until the company can deliver more consistent growth. Still, with analysts largely bullish on the stock, a valuation below several discount-oriented peers, and continued consumer pressure driving demand for value, Ollie's may be worth a closer look for investors seeking opportunities in the discount retail space.

Should You Invest $1,000 in Ollie's Bargain Outlet Right Now?Before you consider Ollie's Bargain Outlet, you'll want to hear this.

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While Ollie's Bargain Outlet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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After reaching an important support level, Ollie's Bargain Outlet (OLLI - Free Report) could be a good stock pick from a technical perspective. OLLI surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.

Similar to other SMAs, if a stock's price moves above the 20-day, the trend is considered positive, while price falling below the moving average can signal a downward trend.

OLLI could be on the verge of another rally after moving 6.2% higher over the last four weeks. Plus, the company is currently a Zacks Rank #2 (Buy) stock.

Looking at OLLI's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 4 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.

Investors may want to watch OLLI for more gains in the near future given the company's key technical level and positive earnings estimate revisions.

The Consumer Products-Staples industry is navigating a challenging demand environment as inflationary pressures and elevated living costs continue to weigh on consumer spending. Value-conscious shoppers are prioritizing essentials, trading down to lower-priced alternatives and reducing discretionary purchases, creating softer volume trends across several categories.

At the same time, industry players are managing elevated input, labor and transportation costs alongside rising SG&A expenses and ongoing digital investments. Companies such as BJ's Wholesale Club Holdings, Inc. (BJ - Free Report) , Ollie's Bargain Outlet Holdings, Inc. (OLLI - Free Report) , Grocery Outlet Holding Corp. (GO - Free Report) and Krispy Kreme, Inc. (DNUT - Free Report) are focusing on operational efficiencies, value-driven offerings and strategic expansion initiatives to support profitability and long-term growth.

About the Industry The Zacks Consumer Products-Staples industry includes companies that manufacture, market and distribute a broad range of everyday household and personal-use items. These offerings span personal care products, cleaning tools, stationery, bed and bath essentials and general household goods such as small appliances, cutlery and food-storage solutions. Some players also participate in categories like batteries, lighting, pet food, treats and related supplies. Their products reach consumers through supermarkets, drug and grocery chains, department stores, mass merchandisers, warehouse clubs and other retail partners, while a growing share is now sold through digital channels. Several companies also supply items to perfume, cosmetics and personal-care manufacturers, as well as to third-party distributors.

Trends Shaping the Future of the Consumer Products-Staples Industry Rising Cost Pressures in a Challenging Operating Environment: The consumer goods industry continues to face pressure from elevated costs across raw materials, labor and transportation. These higher input costs weigh on profit margins, particularly when companies are unable to fully offset them through pricing actions. Adding to the challenge are rising SG&A expenses and continued investments in digital transformation, technology and marketing initiatives to support long-term growth. Many companies also remain exposed to supply-chain disruptions, which can lead to shipment delays and elevated freight costs, further pressuring margins. To protect profitability, industry players are increasingly undertaking restructuring measures and cost-optimization initiatives aimed at improving efficiency and strengthening operational resilience.

Heightened Consumer Spending Volatility: The Consumer Products-Staples industry is navigating elevated spending volatility amid an uncertain macroeconomic backdrop. Changing consumer behavior, particularly among lower-income households, is being influenced by persistent inflationary pressures, rising living costs and lower savings levels. These financial constraints continue to pressure purchasing power and weigh on discretionary spending patterns across the sector. Given the industry’s significant exposure to middle and lower-income consumers, companies remain vulnerable to economic headwinds that could lead to softer demand, weaker sales volumes and slower growth momentum.

Exposure to Currency Fluctuations: Global consumer staples companies remain highly sensitive to foreign-exchange volatility, with a stronger U.S. dollar posing a meaningful headwind. Currency fluctuations can reduce the value of international revenues when translated into U.S. dollars, negatively impacting reported sales and earnings performance. In such an environment, companies are often forced to balance pricing actions in overseas markets against the risk of margin pressure and reduced competitiveness.

Maximizing Revenues Through Strategic Optimization: Companies are actively pursuing strategic levers to strengthen their revenue base and long-term positioning. Investments in e-commerce and digital capabilities are expanding rapidly, supporting convenience-driven demand and higher-margin direct-to-consumer opportunities. At the same time, innovation efforts remain focused on healthier product offerings, sustainable packaging and technology-enabled consumer engagement. Companies are also actively optimizing portfolios through acquisitions, divestitures and brand rationalization strategies, enabling more efficient capital allocation toward faster-growing and higher-return categories. Collectively, these initiatives are helping consumer staples companies remain competitive and drive incremental growth in an increasingly evolving marketplace.

Zacks Industry Rank Indicates Dull Prospects The Zacks Consumer Products-Staples industry is housed within the broader Zacks Consumer Staples sector. The industry currently carries a Zacks Industry Rank #177, which places it in the bottom 27% of more than 244 Zacks industries.

The group’s Zacks Industry Rank, which is the average of the Zacks Rank of all member stocks, indicates dim near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.

The industry’s position in the bottom 50% of the Zacks-ranked industries is a result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually becoming less confident about this group’s earnings growth potential. Since the beginning of March 2026, the consensus estimate for the industry’s current financial-year earnings has decreased 0.8%.

Let’s look at the industry’s performance and current valuation.

Industry vs. Broader Market The Zacks Consumer Products-Staples industry has lagged the S&P 500 index and the broader Zacks Consumer Staples sector over the past six months.

The industry has lost 5% over this period against the broader sector’s growth of 5.3%. Meanwhile, the S&P 500 index has advanced 12.4%.

Six-Month Price Performance

Industry's Current Valuation On the basis of forward 12-month price-to-earnings (P/E), commonly used for valuing consumer staple stocks, the industry is currently trading at 17.46X compared with the S&P 500’s 21.85X and the sector’s 16.91X.

Over the past five years, the industry has traded as high as 23.39X, as low as 17.46X and at the median of 21.21X, as the chart below shows.

Price-to-Earnings Ratio (Past Five Years)

4 Consumer Product Stocks to Keep a Close Eye On Krispy Kreme: The company continues to strengthen its market presence through a differentiated brand portfolio, broad fresh-delivery network and expanding global footprint. This Zacks Rank #2 (Buy) company remains focused on enhancing consumer engagement through innovation, digital initiatives and strategic partnerships that improve product accessibility across multiple retail channels. Its asset-light franchise model, combined with disciplined cost management and ongoing operational efficiencies, supports long-term scalability and profitability potential. In addition, Krispy Kreme continues to benefit from strong brand recognition, seasonal product launches and loyalty-driven engagement, reinforcing its position within the sweet treats and quick-service retail landscape. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for Krispy Kreme’s current fiscal-year loss per share has remained unchanged at 2 cents in the past seven days. The projection indicates growth of 80% from the year-ago period’s level. DNUT’s shares have fallen 11% in the past six months.

Price and Consensus: DNUT

BJ's Wholesale Club: A leading operator of membership warehouse clubs, BJ's Wholesale Club currently carries a Zacks Rank #3 (Hold). The company continues to exhibit steady momentum, supported by its strategic emphasis on membership expansion and digital transformation initiatives. BJ remains focused on strengthening its omnichannel ecosystem while reinforcing the value-focused membership model. These efforts have supported consistent growth in member acquisition and retention, contributing to stable membership fee income. By offering convenient solutions such as same-day delivery, buy online, pick up in club and ExpressPay, the company delivers a seamless and engaging shopping experience. In addition, BJ’s Wholesale Club has been methodically expanding its physical footprint, targeting attractive growth markets and underserved regions to support long-term scalability.

The Zacks Consensus Estimate for BJ's Wholesale Club’s current fiscal-year earnings per share (EPS) has decreased from $4.52 to $4.50 in the past seven days. The projection indicates growth of 2.3% from the year-ago period’s level. BJ’s shares have gained 4.1% in the past six months.

Price and Consensus: BJ

Ollie’s Bargain: Ollie’s continues to strengthen its competitive standing through a disciplined, value-focused operating model backed by effective merchandising and prudent expense management. This Zacks Rank #3 company benefits from its loyalty platform, Ollie’s Army, which serves as a key strategic lever by enhancing customer engagement and encouraging repeat visits, reinforcing its position in the closeout retail space. Consistent access to compelling brand-name deals, combined with ongoing investments in supply-chain capabilities and geographic expansion, supports operational efficiency and long-term growth.

The Zacks Consensus Estimate for Ollie’s current fiscal-year EPS has remained unchanged at $4.48 in the past seven days. This indicates growth of 16.1% year over year. OLLI has seen its shares declined 33.8% in the past six months.

Price and Consensus: OLLI

Grocery Outlet: This Zacks Rank #3 company’s differentiated value model, built on opportunistic sourcing and the Independent Operator structure, gives it distinct competitive positioning in discount retail. Grocery Outlet’s dynamic assortment of brand-name bargains, complemented by targeted merchandising initiatives, strengthens customer engagement and reinforces its value leadership. Strategic initiatives — from disciplined store expansion to store refresh efforts — are aimed at enhancing productivity, broadening market reach and supporting long-term profitability.

The Zacks Consensus Estimate for Grocery Outlet’s current fiscal-year EPS has remained unchanged at 51 cents over the past seven days. The projection indicates a decline of 32.9% from the year-ago period’s figure. GO’s shares have declined 23.1% in the past six months.

Price and Consensus: GO