Ollie's Bargain Outlet Q1 Revenue Jumps 14.2% to $658.93M, EPS Up 19.5% to $0.92
Summary
Ollie's Bargain Outlet reported strong first-quarter 2026 results, with revenue increasing 14.2% year-over-year to $658.93 million and diluted EPS rising 19.5% to $0.92. This news summarizes the detailed 10-Q filing from earlier today, which followed an 8-K that also indicated better-than-expected Q1 performance. The significant growth in both sales and earnings, alongside an 80 basis point expansion in gross margin, demonstrates robust operational execution and positive business momentum.
At the time of this announcement, OLLI was trading at $78.00 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $4.9B. The 52-week trading range was $73.32 to $141.74. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.