The EPS beat and raised guidance are positive signals, but the slight revenue miss and decelerating comp store sales (1.7% vs 2.6%) warrant monitoring. The strong gross margin expansion and aggressive buyback support the bullish case. Watch for consumer spending trends and tariff impacts in subsequent quarters.
Price Chart
Executive Summary
Ollie's Bargain Outlet reported Q1 FY2026 results with EPS of $0.92, beating the $0.87 consensus by 5.7%, and revenue of $658.9M slightly below the $662.3M estimate. The company raised its FY2026 adjusted EPS guidance to $4.45-$4.55 from $4.40-$4.50, driven by strong gross margin expansion and disciplined cost control, though comparable store sales growth slowed to 1.7% from 2.6% a year ago.
Key Financial Metrics
Key Facts
- GAAP diluted EPS of $0.92 vs consensus $0.87 (beat by 5.7%)
- Revenue of $658.9M (+14.2% YoY) slightly below $662.3M consensus (miss by 0.5%)
- Comparable store sales growth of 1.7% vs 2.6% in prior year quarter
- Gross margin expanded 80 bps YoY to 41.9%, above expectations
- FY2026 adjusted EPS guidance raised to $4.45-$4.55 from $4.40-$4.50
- Opened 27 new stores in Q1, ending with 672 stores (+15.1% YoY)
- Repurchased $53.4M of stock in Q1; $205.4M remaining under authorization
- Total cash and investments of $525.6M, up 26.7% YoY
Financial Impact
EPS beat of $0.05 vs consensus on 14.2% revenue growth; guidance raised by $0.05-$0.05 at midpoint
Risk Factors
- Revenue slightly below consensus despite strong EPS beat
- Comparable store sales growth decelerated to 1.7% from 2.6% a year ago
- Tariff and macroeconomic pressures cited in forward-looking statements
- Historical model performance on OLLI shows negative T+20 returns despite bullish calls
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001140361-26-023811 |
| Document: ef20075441_8k.htm | 0001140361-26-023811 |
| Document: 0001140361-26-023811-index-headers.html | 0001140361-26-023811 |
| Document: 0001140361-26-023811-index.html | 0001140361-26-023811 |
| Document: 0001140361-26-023811.txt | 0001140361-26-023811 |
| 8-K Data (Synthetic) | 0001140361-26-023811 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 4w ago | 8-K | $73.54 $87.91 | ▲ +19.53% | ▲ +19.69% | $87.85 (+19.45%) |
Aug 19, 2026 6w ago | Press Release | $79.39 $76.20 | ▲ +4.02% | ▲ +2.07% | $87.85 (−10.66%) |
Jun 11, 2026 16w ago | Institutional Cluster | $83.65 $63.72 | ▲ +23.83% | ▲ +25.72% | $87.85 (−5.02%) |
Jun 3, 2026 17w ago | 8-K | $79.61 $75.51 | ▼ −5.14% | ▼ −4.02% | $87.85 (+10.36%) |
Jun 3, 2026 17w ago | Press Release | $79.61 $75.51 | ▼ −5.14% | ▼ −4.02% | $87.85 (+10.36%) |
Apr 30, 2026 22w ago | DEFA14A | $85.13 $80.64 | ▼ −5.27% | ▼ −10.54% | $87.85 (+3.19%) |
Apr 7, 2026 25w ago | 144 | $97.31 $81.78 | ▼ −15.96% | ▼ −24.51% | $87.85 (−9.73%) |
Mar 27, 2026 26w ago | 144 | $89.83 $88.76 | ▼ −1.19% | ▼ −13.79% | $87.85 (−2.21%) |
Mar 12, 2026 29w ago | 8-K | $104.19 $89.44 | ▼ −14.16% | ▼ −16.13% | $87.85 (−15.69%) |
Mar 12, 2026 29w ago | Press Release | $104.19 $89.44 | ▼ −14.16% | ▼ −16.13% | $87.85 (−15.69%) |
US Market Status
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