Q3 26 EPS
$0.75
BEAT +2.43%
Est. $0.73
Q3 26 Revenue
$613.6M
MISS 0.12%
Est. $614.4M
vs S&P Since Q3 26
-44.2%
TRAILING MARKET
OLLI -35.8% vs S&P +8.3%
Market Reaction
Did OLLI Beat Earnings? Q3 2026 Results
Ollie's Bargain Outlet posted a solid fiscal third-quarter beat on the bottom line, with earnings per share of $0.75 clearing the $0.73 consensus estimate by 2.43%, even as revenue of $613.62 million came in fractionally below the $614.38 million exp… Read more Ollie's Bargain Outlet posted a solid fiscal third-quarter beat on the bottom line, with earnings per share of $0.75 clearing the $0.73 consensus estimate by 2.43%, even as revenue of $613.62 million came in fractionally below the $614.38 million expected, a miss of just 0.12%. The headline figures, however, tell only part of the story: net sales surged 18.6% year over year, powered by a record 32 new store openings in the quarter that lifted the total footprint to 645 locations across 34 states. A 3.3% comparable store sales gain, driven by transaction growth, marked a meaningful reversal from the prior year's 0.5% comp decline, while the Ollie's Army loyalty program expanded 11.8% to 16.6 million members. Management responded with a raised full-year outlook, now guiding adjusted EPS to $3.81 to $3.87 and targeting net sales of $2.65 to $2.65 billion, even as tariff-related cost pressures and dark rent from bankruptcy-acquired Big Lots leases remain watchpoints heading into the holiday quarter. RBC has named OLLI among its top retail picks for 2026, citing the company's store expansion pipeline and potential macro tailwinds favoring off-price retail.
Key Takeaways
- • Record 32 new store openings in Q3, bringing total to 645 stores in 34 states
- • Comparable store sales increased 3.3%, driven by continued strength in transactions
- • Ollie's Army loyalty members grew 11.8% to 16.6 million
- • SG&A as a percentage of net sales decreased 50 basis points to 29.4% from lower professional fees, stock-based compensation, and marketing spend optimization
- • Higher merchandise margins partially offset incremental tariff-driven supply chain costs
- • Widened price gaps to traditional retailers
OLLI YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
“Thanks to the extraordinary execution of our team, we delivered another strong performance in the third quarter. We opened a record number of stores, continued to accelerate membership growth of our Ollie's Army loyalty program, widened our price gaps to the fancy stores, and delivered industry-leading sales growth, all while driving significant improvement on the bottom-line.”
— Eric van der Valk, Q3 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% |