-+ 0.00%
-+ 0.00%
-+ 0.00%
Ollie's Bargain Outlet: Fiscal Q2 Earnings Snapshot
Share
Listen to the news

HARRISBURG, Pa. (AP) — HARRISBURG, Pa. (AP) — Ollie's Bargain Outlet Holdings Inc. (OLLI) on Wednesday reported fiscal second-quarter earnings of $85.5 million.

The Harrisburg, Pennsylvania-based company said it had profit of $1.42 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.

The retailer posted revenue of $741.3 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $752.9 million.

Ollie's Bargain Outlet expects full-year earnings in the range of $4.57 to $4.65 per share, with revenue in the range of $2.93 billion to $2.94 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLLI at https://www.zacks.com/ap/OLLI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending