Ollie's Bargain Outlet had a strong second quarter with significant sales growth, successful store expansion, and improvements in gross margin. The growth in the Ollie's Army loyalty program and a robust balance sheet are notable highlights. However, increased SG&A expenses and preopening costs were the main challenges faced during the quarter.

Company Guidance

During the second quarter of fiscal year 2025, Ollie's Bargain Outlet exceeded expectations across multiple metrics, prompting a revision of their full-year outlook. The company opened 54 new stores in the first half of the year, surpassing last year's full-year unit growth, and celebrated their 600th store opening. Total sales increased by 18% to $680 million, with comparable store sales rising by 5%, driven by increased transactions. The gross margin improved by 200 basis points to 39.9%, attributed to lower supply chain costs and higher merchandise margins. Ollie's Army loyalty program saw a 10.6% increase to 16.1 million members, with members accounting for over 80% of sales and spending 40% more per visit than non-members. The company raised its guidance, now expecting 85 new store openings, net sales between $2.631 billion and $2.644 billion, and comparable store sales growth of 3% to 3.5%. Adjusted net income is projected to be between $233 million and $237 million, with adjusted earnings per share ranging from $3.76 to $3.84.

Strong Financial Performance

Net sales increased 18% to $680 million, with comparable store sales up 5%. Adjusted earnings per share increased 26.9% to $0.99.

Successful Store Expansion

Ollie's opened 29 new stores in the second quarter, reaching a total of 613 stores, marking a 17% year-over-year increase.

Ollie's Army Loyalty Program Growth

Ollie's Army members increased by 10.6% to 16.1 million. The revamped Ollie's Days event added approximately 100 basis points to comp store sales.

Gross Margin Improvement

Gross margin increased by 200 basis points to 39.9%, driven by lower supply chain costs and higher merchandise margins.

Strong Balance Sheet

Total cash and investments increased by 30% or over $100 million to $460 million, with no meaningful long-term debt.

Ollie's Bargain Outlet Holding (OLLI) Earnings, Revenues Date & History

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OLLI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 03, 2025	2025 (Q3)	0.73 / -	0.58	―	―	―
Aug 28, 2025	2025 (Q2)	0.93 / 0.99	0.78	26.92% (+0.21)	―
Jun 03, 2025	2025 (Q1)	0.71 / 0.75	0.73	2.74% (+0.02)	―
Mar 19, 2025	2024 (Q4)	1.20 / 1.19	1.23	-3.25% (-0.04)	―
Dec 10, 2024	2024 (Q3)	0.57 / 0.58	0.51	13.73% (+0.07)	―
Aug 29, 2024	2024 (Q2)	0.78 / 0.78	0.67	16.42% (+0.11)	―
Jun 05, 2024	2024 (Q1)	0.65 / 0.73	0.49	48.98% (+0.24)	―
Mar 20, 2024	2023 (Q4)	1.16 / 1.23	0.84	46.43% (+0.39)	―
Dec 06, 2023	2023 (Q3)	0.45 / 0.51	0.37	37.84% (+0.14)	―
Aug 31, 2023	2023 (Q2)	0.61 / 0.67	0.22	204.55% (+0.45)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

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Missed

OLLI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 28, 2025	$130.60	$131.39	+0.60%
Jun 03, 2025	$111.92	$109.91	-1.80%
Mar 19, 2025	$99.06	$107.94	+8.96%
Dec 10, 2024	$98.05	$111.02	+13.23%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.