Q1 26 EPS
$0.75
BEAT +5.83%
Est. $0.71
Q1 26 Revenue
$576.8M
BEAT +1.91%
Est. $565.9M
vs S&P Since Q1 26
-57.4%
TRAILING MARKET
OLLI -32.4% vs S&P +24.9%
Market Reaction
Did OLLI Beat Earnings? Q1 2026 Results
Ollie's Bargain Outlet posted a convincing first-quarter beat for fiscal 2026, with adjusted EPS of $0.75 clearing the $0.71 consensus by 5.83% and revenue of $576.77 million topping estimates by 1.91% on 13.3% year-over-year growth. The single bigge… Read more Ollie's Bargain Outlet posted a convincing first-quarter beat for fiscal 2026, with adjusted EPS of $0.75 clearing the $0.71 consensus by 5.83% and revenue of $576.77 million topping estimates by 1.91% on 13.3% year-over-year growth. The single biggest driver was an aggressive store expansion push, with Ollie's opening 25 new locations during the quarter, including 18 former Big Lots sites acquired through bankruptcy auction, lifting its total footprint to 584 stores across 32 states. Comparable store sales rose 2.6%, and the Ollie's Army loyalty program grew membership 9.2% to more than 15.5 million members, reinforcing the recurring customer base that some analysts see as central to the company's long-term growth case. Gross margin held steady at 41.1%, even as product mix shifts weighed on merchandise margin. Looking ahead, management reaffirmed full-year guidance, projecting net sales of $2.58 to $2.60 billion, comparable store sales growth of 1.4% to 2.2%, and adjusted EPS of $3.65 to $3.75, assuming current tariff conditions persist.
Key Takeaways
- • Accelerated new store unit growth with 25 new stores opened including 18 former Big Lots locations
- • Comparable store sales increased 2.6% driven by an increase in transactions
- • Ollie's Army loyalty members increased 9.2% to more than 15.5 million
- • Lower supply chain costs partially offset by lower merchandise margin from mix changes
- • Store count increased 13.2% year over year to 584 stores in 32 states
OLLI YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
“We had a strong first quarter, highlighted by accelerated store growth and better than expected sales and earnings.”
— Eric van der Valk, Q1 2026 Earnings Press Release
OLLI Earnings Trends
OLLI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
OLLI EPS Trend
Earnings per share: estimate vs actual
OLLI Revenue Trend
Quarterly revenue: estimate vs actual
OLLI Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $0.87 | $0.91 | +4.38% | $658.9M | -0.50% |
| Q4 26 MISS FY | $1.41 | $1.39 | -1.12% | $779.3M | -0.57% |
| FY Full Year | $3.91 | $3.86 | -1.38% | $2.65B | -0.16% |
| Q3 26 BEAT | $0.73 | $0.75 | +2.43% | $613.6M | -0.12% |
| Q2 26 BEAT | $0.93 | $0.99 | +6.77% | $679.6M | +2.62% |
| Q1 26 BEAT | $0.71 | $0.75 | +5.83% | $576.8M | +1.91% |