Ollie's Bargain Outlet Holdings, Inc. (OLLI) Earnings Call Transcripts
Ollie's Bargain Outlet Holdings, Inc.'s Latest Earnings Call - Q1 FY2027
In the first quarter of fiscal year 2026, Ollie's Bargain Outlet reported net sales of $659 million, a 14% increase year-over-year, driven by new store openings and comparable store sales growth of 1.7%. Adjusted net income rose 21% to $56 million, with adjusted EPS reaching $0.91. Management raised their full-year earnings per share guidance to a range of $4.45 to $4.55, while maintaining a comparable store sales growth target of 2%. The company faces challenges from weather-related impacts on certain categories and shifting consumer behavior due to rising fuel prices, but remains optimistic about pent-up demand in weather-sensitive categories as the year progresses.
Reported metrics
| Metric | Value |
|---|---|
| Net Sales | $659 million (beat) |
| Adjusted EPS | $0.91 (beat) |
| Adjusted Net Income | $56 million (beat) |
| Comparable Store Sales Growth | 1.7% (miss) |
| Gross Margin | 41.9% (positive) |
| New Store Openings | 27 stores (positive) |
Guidance from management
Management raised their full-year EPS guidance to a range of $4.45 to $4.55 while maintaining a comparable store sales growth target of 2%. They acknowledged ongoing consumer pressures and weather volatility but remain optimistic about potential recovery in the second half.
What management said
Yes. From a gross margin perspective, most of our elevated gross margin guide is coming off of our outperformance in the first quarter. We left most of the gross margin in place for the balance of the year. We do -- we are buying better, as we mentioned in the call. And we do think that, that gives us the opportunity to invest in price. Our [ bias ] continues to be market share to reinvest in customer loyalty. and to...
From a new store productivity perspective, I would say that the new stores were similarly impacted, so some of the impacts that we saw in the comp base. So it makes a little bit more difficult to assess what the true impact of that -- what the true impact of the soft opening was. Overall, we're pleased with the 2026 store openings. And the new store productivity came in only slightly below our plan -- our original pl...
What analysts pressed on
Analysts expressed concerns regarding the impact of rising fuel prices on consumer behavior and the potential for continued pressure on weather-sensitive categories. There were questions about the ability to maintain sales momentum in light of these challenges and the effectiveness of the loyalty program in driving traffic.
Main topics on the call
- Revenue Growth — Ollie's achieved net sales of $659 million, reflecting a 14% increase year-over-year, attributed to new store openings and a 1.7% rise in comparable store sales. Management highlighted that 'sales and traffic trends were...
- Earnings Performance — Adjusted net income increased by 21% to $56 million, with adjusted EPS rising to $0.91, exceeding expectations. Robert Helm stated, 'We are pleased with our execution and the positive impact this is having on our results...
- Consumer Behavior Changes — Management noted significant shifts in consumer shopping patterns due to rising fuel prices and unseasonable weather, leading to 'trip consolidation' and a focus on essential purchases. Eric van der Valk mentioned, 'Cust...
- Store Expansion Plans — Ollie's remains on track to open 75 new stores in fiscal 2026, having opened 27 in the first quarter. The company ended the quarter with 672 stores across 35 states, indicating strong growth momentum.
Read the full Ollie's Bargain Outlet Holdings, Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Ollie's Bargain Outlet Holdings, Inc.
Ollie's Bargain Outlet Holdings, Inc. (OLLI) is a publicly listed company in the Broadline Retail industry, within the Consumer Discretionary sector. It trades on NasdaqGM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 32 calls on record spanning March 19, 2020 to June 3, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 32 Ollie's Bargain Outlet Holdings, Inc. earnings call transcripts on record, spanning March 19, 2020 to June 3, 2026. Based on this history, Ollie's Bargain Outlet Holdings, Inc. reports quarterly. The most recent call on file is dated June 3, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- OLLI
- Exchange
- NasdaqGM
- Country
- US
- Sector
- Consumer Discretionary
- Industry
- Broadline Retail
- Calls on record
- 32
- First call
- March 19, 2020
- Most recent
- June 3, 2026
- Reporting cadence
- quarterly