Ollie's Bargain Outlet (OLLI) Q4 2025 Earnings
How Did OLLI Stock React to Q4 2025 Earnings?
S&P 500 over the same 30 days: +4.26%.
Did OLLI Beat Earnings? Q4 2025 Results
No. Ollie's Bargain Outlet reported Q4 2025 earnings of $1.39 a share on Mar 12, 2026, missing the $1.41 consensus estimate by 1.1%. Revenue was $779.3M against a $783.7M estimate.
Ollie's Bargain Outlet narrowly missed Wall Street's targets in the fourth quarter of fiscal 2025, delivering adjusted EPS of $1.39 against a consensus of $1.41 and revenue of $779.26 million versus expectations of $783.71 million, a shortfall of 0.57%, though the top line still grew 16.8% year over year. The key tension in the quarter was a planned one, with gross margin contracting 80 basis points to 39.9% as the company leaned into deliberate price investments, a trade-off management said came in ahead of its own plan. Comparable store sales rose 3.6%, lifted by gains in both basket size and transaction count, while the Ollie's Army loyalty program expanded 12.1% to 17.0 million members. The company closed fiscal 2025 with 645 locations after opening 86 stores during the year, a 15.4% unit growth rate that underscores the chain's continued expansion ambitions. For fiscal 2026, Ollie's guided adjusted EPS of $4.40 to $4.50 and net sales of $2.99 billion to $3.01 billion, though management flagged tariff-related pressures as a risk to the outlook, a concern that has weighed on shares in recent months.
- Comparable store sales increased 3.6% driven by increases in basket size and transactions
- Seasonal, consumables, hardware, stationery, and sporting goods were top performing categories
- SG&A as a percentage of net sales decreased 40 basis points (adjusted) driven by fixed cost leverage and marketing optimization
- New store unit growth with 86 stores opened for the fiscal year, representing 15.4% store growth
- Ollie's Army loyalty program grew 12.1% to 17.0 million members
“We had a strong fourth quarter to cap off an exceptional year. In the fourth quarter, we delivered better than expected sales and earnings, driven by solid comp growth, healthy margins, and disciplined expense control. For the full year, we opened a record 86 stores and grew our Ollie's Army loyalty program by more than 12% to 17 million members.”
Ollie's Bargain Outlet CEO, on the earnings call
What Was Ollie's Bargain Outlet's Outlook in Q4 2025?
For fiscal year 2026 (ending January 30, 2027), Ollie's expects 75 new store openings, net sales of $2.985 to $3.013 billion, comparable store sales growth of approximately 2%, gross margin of approximately 40.5%, operating income of $339 to $348 million, adjusted net income of $270 to $277 million, adjusted net income per diluted share of $4.40 to $4.50, an annual effective tax rate of approximately 25%, diluted weighted average shares outstanding of approximately 61.4 million, capital expenditures of $103 to $113 million, and share repurchases of approximately $100 million. The adjusted outlook includes approximately $21 million of interest income and excludes excess tax benefits related to stock-based compensation.
OLLI YoY Financials
| Metric | Q4 2025 | Q4 2024 | Year over year |
|---|---|---|---|
| Revenue | $779.3M | $667.1M | +16.8% |
| Gross Profit | $310.9M | $271.6M | +14.5% |
| Operating Income | $109.1M | $87.7M | +24.4% |
| Net Income | $85.6M | $68.6M | +24.8% |
Figures from SEC filings and company reports. Not investment advice.