Ollie's Bargain Outlet (OLLI) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Ollie's Bargain Outlet reported Q2 revenue of $741.31 million, up 9.1% year-over-year but missing Wall Street's estimate of $752.92 million by 1.54%. However, EPS of $1.42 significantly beat the consensus estimate of $1.14 by 24.56%. The company opened 15 stores as expected but comparable store sales declined 1.8% versus an estimated 0.3% growth, signaling weakness in same-store performance.