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Ollie's Bargain Outlet meets earnings expectations, opens 25 new stores, boosting shares to $111.92.
Ollie's Bargain Outlet adjusted its FY 2025 earnings guidance to an EPS range of 3.650-3.750, closely matching the consensus estimate of 3.730.
The company also confirmed revenue guidance of $2.6 billion, aligning with market expectations.
Ollie's opened 25 new stores in Q1, including 18 former Big Lots locations, and reported better-than-expected sales and profits.
Shares opened at $111.92, with a market cap of $6.87 billion.
The company has a "Moderate Buy" rating and a price target of $124.07.
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Ollie's Bargain Outlet cumple con las expectativas de ganancias, abre 25 nuevas tiendas, elevando las acciones a $111.92.